OCK may resume its recovery after climbing above the 50-day MAV line and MYR0.84 level in the latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.92, followed by MYR0.99. The stock may consolidate if it falls below the MYR0.84 level. In this scenario, further support is anticipated at MYR0.79, where traders can exit upon a breach.
Benalec may rebound further after breaching the MYR0.665 level and downtrend line, albeit marginally. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.735, followed by MYR0.785. The stock may drift sideways if it falls back firmly below the MYR0.665 mark. In this case, further support is anticipated at MYR0.62, where traders can exit upon a breach.
ConnectCounty may climb further after breaching the MYR0.185 level in the latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.23. The stock may pull back and consolidate further if it cannot hold above the MYR0.185 level, while further support is anticipated at MYR0.165, where a breach on closing could trigger a stop-loss.
ES Ceramics may trend higher after inching above the MYR0.215 level in the latest session, albeit marginally. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.255. The stock may retrace and consolidate further if it cannot sustain above the MYR0.215 level, with further support anticipated at MYR0.19, where a breach on closing could trigger a stop-loss.
Multi Sports climbed above the MYR0.125 level and 50-day MAV line on its latest trade with high volumes. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.155, followed by MYR0.17. The stock may drift sideways if it falls back below the MYR0.125 mark. In this case, further support is anticipated at MYR0.105, where traders can exit upon a breach.
Padini made a multi-year low on its latest trade as it recently breached the MYR1.40 level. Traders may expect further weakness if it stays below this level, with the next support levels anticipated at MYR1.27 and MYR1.12. The stock may trade sideways or rebound further if it recovers firmly above the MYR1.40 in the near term. The bearish bias may be eliminated if the stock recovers above MYR1.60.
Source: RHB
Chart | Stock Name | Last | Change | Volume |
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Created by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016
AyamTua
ESCERAM.................. gogogo
2015-01-19 09:44