CMSB’s  uptrend  may  continue  after  it  found  support  at  the  50-day MAV line. Traders may buy if  it stays above MYR7.00 today, with a close below MYR6.70 as a stop-loss. Should the MYR7.50 resistance level be broken, the price target will be MYR8.00. However, a failure to  stay  above  MYR7.00  will  likely  see  the  stock  trading  lower,  and further support is at MYR6.50.

Dialog  may  scale  higher  after  getting  back  above  the  50-day  MAV line.  Traders  may  opt  to  purchase  the  stock  if  it  stays  above MYR3.30  today,  with  a  close  below  MYR3.20  as  a  stop-loss.  The price  target  is  MYR3.60,  if  the  MYR3.50  resistance  is  broken. However, note that the stock could trend sideways if it fails to  stay above  MYR3.30,  and  downside  risk  will  increase  if  the  stop-loss  is triggered.

Hil may climb after printing a  new 52-week high. A  position can  be initiated if it closes above MYR0.55, with a close below MYR0.525 as a  stop-loss.  The  price  target  is  MYR0.625, with  resistance  expected at  MYR0.60.  A  failure  to  get  above  MYR0.55  may  see  the  stock trading lower, while strong support is at MYR0.50.

Sapurakencana may climb if it gets back above the 50-day MAV line. A  position  can  be  initiated  if  it  closes  above  MYR4.55,  with  a  close below  MYR4.50  as  a  stop-loss.  The  price  target  is  MYR5.00,  if  the resistance  at  MYR4.75  is  broken.  A  failure  to  get  above  MYR4.55 may see the stock trading lower, while downside risk will increase if the stop-loss is triggered.

JCY’s rebound  may  continue  after  printing  a  6-month  high.  Traders may  buy  if  it  stays  above  MYR0.70  today,  with  a  close  below MYR0.69  as  a  stop-loss.  Should  the  MYR0.75  resistance  level  be broken, the price target will be MYR0.80. However, a failure to stay above MYR0.70 will likely see the stock trading lower, while further support is at MYR0.65.

Sona  may  scale  higher  after  printing  a  new  all-time  high.  Traders may  opt  to  purchase  the  stock  if  it  closes  above  MYR0.50,  with  a close below MYR0.48 as a stop-loss. The price target is MYR0.555, if the  MYR0.54  resistance  is  broken.  However,  note  that  the  stock could  trend  lower  if  it  fails  to  get  above  MYR0.50,  while  further support is at MYR0.45.

Source: RHB