Mikro MSC  may trend higher after  breaching the downtrend line  in the  latest  session.  Traders  may  buy  as  a  bullish  bias  could  be present above the MYR0.315 level, with a target price of MYR0.395, assuming that the MYR0.365  level can be surpassed.  The stock may take  a  further  breather  if  it  cannot  sustain  above  the  MYR0.315mark.  In  this  case,  further  support  is  anticipated  at  MYR0.295, where traders can exit upon a breach.

Ideal Jacobs  may  continue to climb higher  after gaining above the 100-day MAV line and MYR0.40  level  in the latest session. Traders may  buy  as  a  bullish  bias  could  be  present  above  this  threshold,with  a  target  price  of  MYR0.47,  followed  by  MYR0.515.  The  stock may  fall  and  consolidate  further  if  it  cannot  sustain  above  the MYR0.40  mark.  In  this  case,  further  support  is  anticipated  at MYR0.345, where traders can exit upon a breach.

IQ Group may trend higher after gaining above the MYR2.35 level inthe  latest  session  to  ink  a  new  high.  Traders  may  buy  as  a  bullish bias  could  be  present  above  this  level,  with  a  target  price  of MYR2.60, followed by  MYR2.88. The stock may fall and consolidatefurther  if  it  cannot  sustain  above  the  MYR2.35  level.  In  this  case, further  support  is  anticipated  at  MYR2.09,  where  traders  can  exit upon a breach, to avoid the risk of further correction.

Wesports Holdings formed a “Bullish Engulfing” parttern as it tested the  MYR3.67  resistance  level  in  the  latest  day.  Traders  may  buy  if this  level  is  brached  in  the  near  term,  with  a  target  price  of MYR4.03,  followed  by  MYR4.14.  In  the  meantime,  the  stock  may consolidate further  if the MYR3.67  level cannot be surpassed  in the near term. Further support may  then be found at MYR3.38, where traders can exit upon a breach.

ES Ceramics Technology was testing the MYR0.275  resistance levelin the latest session, with an uptrend  line that is intact. Traders may buy if this level is breached in the near term,  with a target price of MYR0.315.  In  the  meantime,  the  stock  may  continue  to  move sideways  if  the  MYR0.275  level  cannot  be  surpassed.  Further support  may  then  be  found  at  MYR0.25,  where  traders  can  exit upon a breach.

Prestariang  was  testing  the  MYR2.35  resistance  level  in  the  latest session. Traders may buy if this level is breached in the near t erm, with a target price of MYR2.65, assuming the high of MYR2.41 can be  surpassed.  In  the  meantime,  the  stock  may  continue  to  move sideways if the MYR2.35 level cannot be surpassed. Further support may  then  be  found  at  MYR2.13,  where  traders  can  exit  upon  a breach.

Source: RHB