Tomypak  Holdings  may  trend  higher  after  breaching  the  MYR1.77 level  in its latest session.  Traders may buy as a bullish  bias could be present above  this  level, with a target price  of  MYR2.00,  assuming the  MYR1.89  level  can  be  surpassed.  The  stock  may  consolidatefurther  if  it  dips back below the  MYR1.77  mark. In this case, further support  is  anticipated  at  MYR1.67,  where  traders  can  exit  upon  abreach to avoid a further correction.

ES  Ceramics  Technology  may  trend  higher  after  breaching  the MYR0.34  level to  extend its multi-year high.  Traders may  buy as  a bullish  bias could be present above this level, with a target price  of MYR0.395.  The  stock  may  turn  sideways  if  it  falls  back  below  the MYR0.34  mark.  In  this  case,  further  support  is  anticipated  at MYR0.30, where traders can exit upon a  breach to avoid a further correction.

Luxchem Corporation  may climb higher after breaching the  50-day MAV line and MYR1.06 level in its latest session. Traders may buy as a  bullish  bias could be present above this level, with a target priceof  MYR1.19,  followed  by  MYR1.26.  The  stock  may  fall  and  driftsideways  if  it cannot sustain above the MYR1.06 mark. In this case, support  is  anticipated  at  MYR1.02,  where  traders  can  exit  upon  a breach.

Gadang Holdings was testing the MYR1.52  level in its latest session. Traders  may  buy  if  this  level  is  breached  in  the  near  term,  with  a target  price  of  MYR1.66,  followed  by  MYR1.75.  In  the  meantime, the  stock  may  consolidate  further  if  the  MYR1.52  level  cannot  be surpassed.  Support  may  be  found  at  MYR1.38,  where  traders  can exit upon a breach.

Takaso was testing the MYR0.56 level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR0.61, followed by MYR0.65.  In the meantime, the stock may move sideways if the MYR0.56  level cannot be surpassed.  Support may be found at MYR0.50, where traders can exit upon a breach.

Green  Packet  was  testing  the  MYR0.265  level  in  its  latest  session. Traders  may  buy  if  this  level  is  breached  in  the  near  term,  with  a target  price  of  MYR0.305.  In  the  meantime,  the  stock  may  take  a breather if the MYR0.265  level cannot be surpassed  firmly.  Support may be found at MYR0.23, where traders can exit upon a breach.

Source: RHB Research - 3 Aug 2015