Stock to watch ' CUSCAPI:

CUSCAPI (RM0.42 ' Accumulate): Ripe for a breakout soon

'''' Base on the mixed technicals on daily charts, Cuscapi is likely to consolidate for a short while before trending higher. However, any weakness is a good chance to accumulate as it is ripe for further upside after a brief consolidation, reflected by its bottoming hourly and weekly technical indicators.

'''' There is a good chance that prices may swing higher if the downtrend line channel around RM0.43 is taken out strongly.

Immediate upside targets are RM0.45 (61.8% FR), RM0.475 (50% FR) and RM0.50 (38.2% FR). If RM0.50 is taken out, more significant resistance levels are RM0.53 (23.8% FR) and RM0.58 (52-wk high). Major supports are RM0.40 (mid Bollinger band) and RM0.37. Curt loss below RM0.37.

''

Stock to watch ' BOILERM:

BOILERM (RM0.80 ' Accumulate): Poised for a triangle breakout

'''' BOILERM is still consolidating in a huge triangle pattern but the stock is ripe for a breakout above the downtrend line channel near RM0.81 and RM0.84 levels (upper band) soon.

Once these levels are taken out, the next target is RM0.87 set on 16 Dec 11 before retesting the RM0.90 (23.6% FR). Significant resistance is RM1.00 (historical high). Technical landscape is on the mend, which bodes well for greater heights. As long as prices stay above the immediate uptrend line support or near the lower Bollinger band at RM0.78 levels, we will continue to stick with the bull's camp. More solid support is RM0.74 (61.8% FR). Cut loss below RM0.74.''''