Jiankun International  may rebound  further  after  climbing  above the downtrend line and MYR0.28, albeit marginally. Traders may buy as a  bullish  bias could be present above  this level, with a target priceof MYR0.325. Te stock may drift lower if it falls below the MYR0.28mark.  In  this  case,  further  support  is  anticipated  at  MYR0.255, where traders can exit upon a breach.

Rev  Asia  may  rebound  further  after  its  gapped  up  above  theMYR0.77 level.  Traders may buy as  a  bullish  bias could be presentabove  this  level,  with  a  target  price  of  MYR0.91,  followed  byMYR0.97.  The  stock  may  drift  lower  if  it  cannot  sustain  above  theMYR0.77  mark.  In  this  case,  further  support  is  anticipated  atMYR0.70, where traders can exit upon a breach.

Perwaja  Holdings  was  testing  the  MYR0.18  resistance  level  in  its latest session. Traders may buy if this  level is surpassed  in the near term  with a target price of MYR0.225. In the meantime, the  stock ay  trade  sideways  if  the  MYR0.18  level  cannot  be  surpassed.  In this  scenario,  further  support  may  then  be  found  at  MYR0.145, where traders can exit upon a breach.

Eco World Development Group may experience further selling after closing below the MYR1.58 level to extend its 52-week low. Traders may  expect  further  weakness  if  the  stock  stays  below  this  level  in the  immediate  term,  with  the  next  supports  anticipated  at MYR1.35,  followed  by  MYR1.23.  Meanwhile,  the  stock  may  trend sideways  if  it  recovers  back  above  the  MYR1.58  level,  while  the bearish bias may be removed if it recovers above the MYR1.67 level.

GHL  Systems  may  experience  further  correction  after  it  fell  below the  MYR1.08  level  and  formed  a  bearish  “Head  &  Shoulder” pattern.  Traders  may  expect  further  weakness  if  the  stock  cannot recover  aove  the  MYR1.08  level  in  the  near  term,  with  further support  anticipated  at  MYR0.95.  The  stock  may  resume  its consolidation if it recovers  above the MYR1.08 level, while turningpositive again if the MYR1.16 mark is breached.

Mudajaya Group may fall further after closing below the MYR1.35 level  to  extend  its  multi-year  low.  Traders  may  expect  further weakness if the stock stays below this level in the immediate term, with the next support level anticipated at MYR1.10.  Meanwhile, the stock  may  trend  sideways  if  it  returns  above  the  MYR1.35  level, while  the  bearish  bias  may  be  eliminated  if  it  recovers  above  the MYR1.45 level.

Source: RHB Research - 16 Jun 2015