Power Root  may trend higher after surpassing the MYR2.44  level in its  latest  session  to  record  a  new  high,  albeit  marginally.  Traders may buy as  a  bullish  bias could be present above this level, with a target price  of MYR2.80. The  stock may take a breather if  it cannot sustain above the MYR2.44 mark. In this case, support is anticipated at MYR2.25, where traders can exit upon a breach to avoid a further correction.

PW  Consolidated  may  rebound  further  after  recovering  above  the MYR1.25  and  50-day  MAV  line.  Traders  may  buy  as  a  bullish  bias could  be  present  above  this  level,  with  a  target  price  of  MYR1.47. The stock may turn sideways if it cannot sustain above the MYR1.25mark. In this case, support is anticipated at MYR1.16, where traders can exit upon a breach.

Cocoaland  Holdings  may  trend  higher  after  closing  above  the MYR2.60  level  in  its  latest  session.  Traders  may  buy  if  the  stock sustains above  this  level, with a target price of MYR3.06,  assuming the MYR3.00 level can be surpassed. The stock may  consolidate  if it dips below the  MYR2.60  level.  Support may be found at MYR2.42, where traders can exit upon a breach.

NTPM Holdings may rebound further after surpassing the MYR0.725 level  in  its  latest  session.  Traders  may  buy  if  the  stock  sustains above  this  level,  with  a  target  price  of  MYR0.83,  assuming  the MYR0.775 level can be breached. The stock may consolidate further if  it  falls  below  the  MYR0.725  mark.  Support  may  be  found  at MYR0.68, where traders can exit upon a breach.

Scientex was testing the MYR7.55  level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR8.04, followed by MYR8.30.  In the meantime, the stock may trend sideways if the  MYR7.55  level cannot be surpassed.  Support may be found at MYR7.00, where traders can exit upon a breach.

Lee Swee Kiat Group  was testing the  MYR0.335  support  level  in its latest session. Traders may xpect  a  further  correction  if the stock falls  below  this  price,  with  the  next  support  level  anticipated  at MYR0.285.  The  stock  may  move  sideways  if  it  sustains  above  the MYR0.335  level.  The bullish bias may return  if the MYR0.38  level is surpassed.

Source: RHB Research - 7 Aug 2015