Deleum’s uptrend may continue after holding above the 100-day MAV line. Traders may buy if it stays above MYR4.40 today, with a close below MYR4.25 as a stop-loss. Should the MYR4.60 resistance level be broken, the price target will be MYR4.80. However, a failure to stay above MYR4.40 will likely see the stock trading lower, and further support is at MYR4.15.
E&O may scale higher after getting back above the 200-day MAV line. Traders may opt to purchase the stock if it stays above MYR2.00 today, with a close below MYR1.95 as a stop-loss. The price target is MYR2.30, if the MYR2.20 resistance is broken. However, note that the stock could trend sideways if it fails to stay above MYR2.00, while further support is at MYR1.85.
Malaysian Bulk may climb after printing a new 52-week high. A position can be initiated if it stays above MYR2.00 today, with a close below MYR1.90 as a stop-loss. The price target is MYR2.30, with resistance expected at MYR2.10. A failure to stay above MYR2.00 may see the stock trading sideways, while strong support is at MYR1.85.
Globetronics may climb after the latest white candle. A position can be initiated if it stays above MYR3.35 today, with a close below MYR3.30 as a stop-loss. The price target is MYR3.80, if the resistance at MYR3.50 is broken. A failure to stay above MYR3.35 may see the stock trading sideways, while further support is at MYR3.20.
Eduspec’s rally may continue after printing a 12-month high. Traders may buy if it stays above MYR0.23 today, with a close below MYR0.215 as a stop-loss. Should the MYR0.25 resistance level be broken, the price target will be MYR0.275. However, a failure to stay above MYR0.23 will likely see the stock trading lower, while further support is at MYR0.20.
Pasdec may scale higher after the strong move yesterday. Traders may opt to purchase the stock if it stays above MYR0.50 today, with a close below MYR0.485 as a stop-loss. The price target is MYR0.60, if the MYR0.55 resistance is broken. However, note that the stock could trend lower if it fails to stay above MYR0.50, while further support is at MYR0.45.
Jetson may decline after forming a weak candle yesterday. Traders may opt to liquidate if the stock closes below MYR0.85, with supports anticipated at MYR0.80 and MYR0.75. A failure to stay below MYR0.85 may reverse the sentiment, and the upward bias will only be taken seriously on a close above MYR0.90.
SAB’s rally may continue after the latest white candle. A position can be initiated if the stock stays above MYR4.00 today, with a close below MYR3.90 as a stop-loss. The price target is MYR4.60, if the resistance at MYR4.40 is violated. A failure to hold above MYR4.00 may see the stock trading sideways, while strong support is at MYR3.70.
Source: RHB
Chart | Stock Name | Last | Change | Volume |
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Created by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016
yiqqre
pasdec up
2014-06-12 10:58