Oceancash Pacific may trend higher after climbing above the MYR0.40 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 MYR0.445. The stock may consolidate further if it dips back below the MYR0.40 mark. In this case, further support is anticipated at MYR0.36, where traders can exit upon a breach.
Hovid may climb further after a potential breakout from the “Symetrical Triangle” pattern and MYR0.51 level. Traders may buy,as a bullish bias could be present above this level, with a target price of MYR0.555, followed by MYR0.60. The stock may consolidate further if it cannot sustain above the MYR0.51 mark. In this case, further support is at MYR0.475, where traders can exit upon a breach to avoid a further correction.
E.A. Technique may climb further after recovering above theMYR1.00 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.17. The stock may drift lower if it cannot hold above the MYR1.00 mark. In this case, further support is anticipated at MYR0.95, where traders can exit upon a breach to avoid further correction.
Super Enterprise may climb higher after surpassing the MYR3.10level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR3.35, followed by MYR3.54. The stock may move sideways if it cannot hold above the MYR3.10 mark. In this case, further support is anticipated at MYR2.87, where traders can exit upon a breach to avoid a further correction.
MNRB may trend higher after recovering above the 200-day MAV line to surpass the MYR3.97 level. Traders may buy, as a bullish bias could be present above this level, with a target price of MYR4.44, followed by MYR4.63. The stock may consolidate further if it cannot sustain above the MYR3.97 mark. In this case, further support is anticipated at MYR3.77, where traders can exit upon a breach.
Vsolar Group may experience a further technical rebound after recovering above the 0.17 level. Traders may buy, as a short-termbullish bias could be present above this level, with a target price of MYR0.21. The stock may drift lower if it cannot sustain above the MYR0.17 mark. In this case, further support is anticipated at MYR0.145, where traders can exit upon a breach.
Source: RHB Research - 12 Jun 2015
Chart | Stock Name | Last | Change | Volume |
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Created by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016