BTM Resources may climb further after breaching the MYR0.22 level in its latest session. Traders may buy, as a bullish bias could be present above this level, with a target price of MYR0.275. The stock may drift lower if it falls below the MYR0.22 mark. In this case, further support is anticipated at MYR0.20, where traders can exit upon a breach.
Pentamaster Corporation was testing the MYR0.74 resistance level in its latest session. Traders may buy if this level is surpassed in the near term, with a target price of MYR0.84. In the meantime, the stock may trade sideways further if the MYR0.74 level cannot be surpassed. In this scenario, further support may then be found at MYR0.65, where traders can exit upon a breach.
IFCA MSC may rebound further after breaching the downtrend line to climb above the MYR1.21 level in its latest session. Traders may buy, as a bullish bias could be present above this level, with a target price of MYR1.38. The stock may correct further if it cannot sustain above the MYR1.21 mark. In this case, further support is at MYR1.12, where traders can exit upon a breach.
Frontken Corporation may climb further after recovering above the MYR0.255 level 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 MYR0.30. The stock could drift lower if it falls below the MYR0.255 mark. In this case, further support is anticipated at MYR0.24, where traders can exit upon a breach.
Hume Industries may gain further after crossing above the 200-day MAV line to close above the MYR3.88 level in its latest session. Traders may buy, as a bullish bias could be present above this level, with a target price of MYR4.30. The stock may consolidate further if it cannot sustain above the MYR3.88 mark. In this case, further support is at MYR3.57, where traders can exit upon a breach.
Mah Sing Group was testing the MYR1.65 support level after breaching the uptrend line and 100-day MAV line, albeit marginally. Traders may expect a further retracement if it falls below this level, with the next support levels anticipated at MYR1.58, followed by MYR1.51. The stock may trend sideways if it returns above the MYR1.65 level. The bearish bias may be eliminated if the MYR1.75 level is surpassed.
Source: RHB Research - 22 Jun 2015
Chart | Stock Name | Last | Change | Volume |
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2024-08-25
FRONTKN2024-08-25
PENTA2024-08-23
HUMEIND2024-08-23
IFCAMSC2024-08-23
IFCAMSC2024-08-23
IFCAMSC2024-08-23
IFCAMSC2024-08-23
IFCAMSC2024-08-23
IFCAMSC2024-08-22
FRONTKN2024-08-22
FRONTKN2024-08-21
MAHSING2024-08-21
PENTA2024-08-20
FRONTKN2024-08-20
HUMEIND2024-08-20
MAHSING2024-08-19
FRONTKN2024-08-16
FRONTKN2024-08-16
FRONTKN2024-08-16
FRONTKN2024-08-15
FRONTKN2024-08-15
FRONTKN2024-08-15
FRONTKN2024-08-15
FRONTKN2024-08-14
FRONTKN2024-08-14
FRONTKN2024-08-14
MAHSING2024-08-13
BTMCreated by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016