GD  Express  Carrier  (GDEX)  may  experience  a  further  technical rebound  after  recovering  above  the  downtrend  line  and  MYR1.33level. Traders may buy,  as a bullish  bias could be present above thislevel,  with  a  target  price  of  MYR1.48  followed  by  MYR1.57.  The stock may drift lower if it falls below the MYR1.33 mark. In this case, further  support  is  anticipated  at  MYR1.25,  where  traders  can  exit upon a breach.

Unisem  may  rebound  further  as  it  recovered  above  the  MYR2.32 level  after  the  recent  healthy  correction.  Traders  may  buy,  as  a bullish  bias could be present above this level, with a target price  of MYR2.64.  The  stock  may  consolidate  if  it  falls  back  below  the MYR2.32  mark.  In  this  case,  further  support  is  anticipated  at MYR2.23, where traders can exit upon a breach.  Note that it would be preferable if the stock can recover above the 50-day MAV line to enhance the bullish bias.

Kawan  Food  may  rebound  further  after  climbing  above  the MYR2.40 level in its latest session. Traders may buy, as a bullish bias could  be  present  above  this  level,  with  a  target  price  of  MYR2.71. The  stock  may  correct  further  if  it  cannot  sustain  above  the MYR2.40  mark.  In  this  case,  further  support  is  at  MYR2.24,  where traders can exit upon a breach.

UEM  Edgenta  may  climb  further  after  recovering  above  the MYR3.45 lvel to touch the 50-day MAV line.  Traders may buy as  a bullish  bias could be present above this level, with a target price  of MYR3.87. The stock  could  drift lower  if it falls below the  MYR3.45 mark. In this case, further support is anticipated at MYR3.28, where traders can exit upon a breach.

Wintoni  Group  may  rebound  further  after  gaining  above  the MYR0.33  level  in  its  latest  session  to  touch  the  50-day  MAV  line, albeit  marginally.  Traders  may  buy,  as  a  bullish  bias  could  be present above this level, with a target price of MYR0.385. The stock may  consolidate  further  if  it  cannot  sustain  above  the  MYR0.33 mark. In this case, further support is at MYR0.30, where traders can exit upon a breach.

Tenaga  Nasional  may  extend  its  weakness  after  it  failed  to  hold above the MYR12.98 level in its latest session. Traders may expect a further  retracement  if  it  stays  below  this  level,  with  the  next support levels anticipated at MYR12.14, followed by MYR11.24. The stock  may  trend  sideways  if  it  returns  above  the  MYR12.98  level. The bearish bias will likely be significantly reduced if the MYR13.48level is surpassed.

Source: RHB Research - 19 Jun 2015