KPS' share price may trade higher if it can break above the resistancelevel. The stock's uptrend that  startedsince Sept 2011 was reaffirmed last week when it printed a 52-week high justbelow the  RM0.40 level. Selling ensuedbut  this was proven  to be shortlived asthe stock  was again testing theresistance level.  The higher closeyesterday was accompanied by a gap up, highlighting the strong upwardsentiment. Higher prices are thus expected but a prudent trade may  involve waiting until a close above the psychological RM0.40 before initiating aposition, as this would erase the negative bias of the 29 March 'BearishEngulfing' candle. This confirms the high volume yesterday was indeed buyingaction. A close below yesterday's gap low of RM0.38 can be employed as a stoploss. A measured move based on the year-long sideways move could see the pricereaching RM0.60, provided that  the  2011-high of RM0.45 and the psychologicalRM0.50 are violated. The upward bias will be nullified if the stock fails tobreak RM0.40, with a close below RM0.35, the  low of last week, as  the confirmation. Strong support is expected at RM0.30, the low of March.

AT's share price may trade lower if it fails to break theresistance level. We looked at this stock in late February as there was a likelihood of it moving higher. Thestock has moved favourably and even breached the second target of RM0.27, butit  subsequently met with a clearresistance at RM0.30, with the 'Shooting Star'-like candle of 23 March and'Bearish Engulfing' candle of 26 March highlighting the selling pressure.  A similar pattern appeared yesterday when it formed a  'Doji' with an  'Upper Shadow'.  The lower volume also suggests weak buyingsupport. This increases the likelihood of a failed test, and an aggressive trade may involve liquidating below RM0.30. A more conservative trade may  involve waiting until a close belowyesterday's low of RM0.28 before exiting. Weakness has to be confirmed by aviolation of last week's low of RM0.25, with the  price targets at RM0.19 andRM0.16,  the Fibonacci levels of theJan-Mar rally. However, the negative bias will be nullified should  the stock close above RM0.30, after whichlook for it to continue to climb. Resistance should come in at RM0.40, a measuredmove based on the Feb-March rally.