AirAsia may decline after forming a black candle below the RM3.00 resistance  level  yesterday.  A  position  can  be  exited  as  long  as  the stock  stays  below  RM2.90  and  supports  are  anticipated  at  RM2.80 and  RM2.68.  The  stock  will  continue  trading  higher,  however,  if  it closes above RM3.00 and strong resistance is at RM3.20.

NCB  may  rise  if  it  breaks  above  the  RM4.45  resistance  level.  A purchase can be made if it happens, with a close below RM4.38 as a stop-loss.  The  price  target  is  RM4.90,  with  selling  also  expected  at RM4.60.  The  stock  will  likely  trade  sideways  if  it  fails  to  get  above RM4.45, and further supports can be seen at RM4.30 and RM4.10.

SunREIT should climb higher if it breaks above the RM1.60 resistance leve. A purchase can be made if it closes above RM1.60, with a close below  RM1.53  as  a  stop-loss.  The  price  targets  are  RM1.70  and RM1.80.  Failure  to  get  above  RM1.60  will  likely  see  the  stock  trend sideways, with strong support seen at RM1.40.

Redtone's rally should continue if it stays above the RM0.40 level. A purchase can be made if it closes above RM0.42, with a close below RM0.395  as  a  stop-loss.  The  price  targets  are  RM0.450  and  the psychological  RM0.50.  The  stock  may  trade  sideways  if  it  fails  to stay above RM0.40, with strong support at RM0.38.

MKLand  may  decline  if  it  crosses  below  the  200-day  MAV  line.  A position  can  be  liquidated  on  a  close  below  RM0.33  and  supports are  anticipated  at  RM0.30  and  RM0.275.  Failure  to  break  below RM0.33 could see a return in buying support but strong resistance is expected at RM0.35.

BPuri's  downtrend  should  continue  after  breaking  below  the RM0.80 support level. A trader may opt to liquidate below RM0.80 and supports are anticipated at RM0.725 and RM0.69. A close back above  RM0.80  could  see  a  return  in  buying  support  but  expect strong resistance at RM0.87.

Takaso may correct after it formed weak candles below the RM0.40 resistance  level.  Liquidation  can  be  undertaken  as  long  as  the  stock stays  below  the  level  and  supports  are  expected  at  RM0.33  and RM0.30.  Buying  will  make  a  quick  return  if  RM0.40  is  violated  and resistance are anticipated at RM0.45 and RM0.50.

BAHvest may rise after closing at its highest in more than 52 weeks. A  purchase  can  be  made  if  it  stays  above  RM0.75,  with  a  close below  RM0.70  as  a  stop-loss.  The  price  target  is  the  psychological RM1.00, with selling also expected at RM0.87. Failure to stay above RM0.75  should  see  the  stock  move  sideways  and  selling  will  likely intensify on a close below RM0.70. 

Source: OSK