London  Biscuits  may  decline  after  the  high  volume  trade  last  week failed  to  keep  it  higher.  A  position  can  be  liquidated  as  long  as  the stock stays below RM0.65, with supports anticipated at RM0.60 and RM0.575.  A  close  back  above  RM0.66, however,  could  lead  to  a rebound and strong resistance is seen at RM0.70.

Mah Sing's  rebound  may  resume  if  the  stock  closes  above  the  3-month  resistance  of  RM2.30.  A  purchase  can  be  made  if  it  stays above the level, with a close below RM2.28 as a stop-loss. The price target  is  RM2.70,  if  it  violates  the  recent  high  of  RM2.45,  while failure  to  stay  above  RM2.30  could  likely  see  the  stock  trade sideways.  Support  is anticipated  at RM2.20, with a stronger one  to be found at RM2.10.

Source: OSK