Kossan  Rubber  Industries  resumed  its  bullish  trend  after  recentlyrecovering  above  the  MYR6.90  level.  Traders  may  buy  as  a  bullishbias  could  be  present  above  this  level,  with  a  target  price  of MYR7.90, assuming the MYR7.50 can be surpassed.  The  stock may consolidate further if it dips back below the MYR6.90 mark. In this case,  further support is anticipated at MYR6.44, where  traders can exit upon a breach to avoid a further correction.

Karex  resumed  its  bullish  trend  after  recently  regaining  above  the MYR3.24 level.  Traders may buy as  a  bullish  bias could be present above  this  level,  with  a  target  price  of  MYR3.60.  The  stock  may consolidate further if it dips back below the MYR3.24 mark. In this case,  further support is  anticipated at MYR3.06, where traders can exit upon a breach to avoid a further correction

Petronas  Dagangan  may  consolidate  with  an  upward  bias  after sustaining  above  the MYR20.00  level.  Traders may buy as  a  bullishbias  could  be  present  above  this  level,  with  a  target  price  of MYR22.50,  assuming  the  MYR21.50  level  can  be  surpassed.  Thestock may drift sideways if it falls back below the MYR20.00 mark. In this case, further support is anticipated at MYR19.00, where traders can exit upon a breach.

Hovid  was  testing  the  MYR0.41  level  in  its  latest  session.  Traders may expect further  weakness  if the stock breaches this price in the near  term,  with  the  next  support  level  anticipated  at  MYR0.375, followed  by  MYR0.35.  The  stock  may  move  sideways  if  it  holds above  the  MYR0.41  level.  The  bearish  bias  may  be  significantly reduced if the stock recovers above the MYR0.455 level.

Tambun  Indah  Land  may  experience  further  weakness  after breaching the MYR1.40 level in its latest session, albeit marginally. Traders may expect  further  weakness  if the stock stays  below this price  in  the  near  term,  with  the  next  support  level  anticipated  at MYR1.25, followed by MYR1.18.  The stock may move sideways  if  it recovers  above  the  MYR1.40  level.  The  bearish  bias  may  be significantly reduced if the MYR1.65 level is surpassed.

Pentamaster  Corporation  may  experience  further  weakness  after breaching  the  MYR0.725 level  in  its  latest  session.  Traders  may expect further weakness if the stock stays at this level, with the next support  level  anticipated  at  MYR0.575.  The  stock  may  move sideways  if  it recovers above the MYR0.725 level. Bullish bias may return if the MYR0.785 level is surpassed.

Source: RHB Research - 25 Aug 2015