Press Metal  may trend higher  after surpassing the MYR2.88  level  in its latest session, albeit marginally. Traders may buy as a bullish bias could be present above this level, with a target price of MY3.20. The stock  may  consolidate  further  if  it  falls  back  below  the  MYR2.88mark. In this case, support is anticipated at MYR2.65, where traders can exit upon a breach on closing.

Scomi  may  rebound  further  after  surpassing  the  MYR0.285  level and touching the 100-day MAV line in its latest session. Traders may buy as a bullish bias could be present  above this level, with a target price  of  MYR0.35.  The  stock  may  pull  back  to  take  a  breather  if  it cannot  sustain  above  the  MYR0.285  level.  In  this  case,  further support  is  expected  at  MYR0.26,  where  traders  can  exit  upon  a breach.

Scientex  may  trend  higher  after  surpassing  downtrend  line  and MYR6.75  level in its latest session. Traders may  buy as a bullish bias could  be  present  above  this  level,  with  a  target  price  of  MYR7.55. The stock may pull  back  and drift lower  if it cannot hold above  the MYR6.75  level. In this scenario, support is  anticipated at MYR6.55, where traders can exit upon a breach.

Perisai  may  rebound  higher  after  climbing  above  the  MYR0.585 level in its latest session and 50-day MAV line recently. Traders may buy as a bullish bias could be present above this level, with a target price  of  MYR0.675,  followed  MYR0.765.  The  stock  may  pull  back and drift lower if it cannot sustain above the MYR0.585 level. In this scenario, support is anticipated at MYR0.53, where traders can exit
upon a breach.

London  Biscuits  was  testing  the  MYR0.74  resistance  level  in  its latest trae. A breach would likely be a further bullish sign, whereby traders  may  buy.  If  successful,  the  target  price  is  set  at  MYR0.83. The stock may pull back to consolidate further if it retraces from the MYR0.74  level,  while  further  support  is  anticipated  at  MYR0.65, where traders can exit upon a breach.

IFCA MSC  may experience further  correction after falling below the MYR1.20  level,  as  it  may  have  reacted  to  the  recent  overbought conditions.  Traders may expect further  weakness if  the stock stays below  this  level,  with  supports  anticipated  at  MYR1.08  and MYR1.02.  The stock may resume its bullish trend again if it recovers firmly back above the MYR1.20 mark.

Source: RHB