Evergreen  Fibreboard  may  soon  test  the  MYR1.97  level  after forming  a  “Bullish  Engulfing”  pattern  in  its  latest  session.  Traders may buy if this level is breached in the near term, with a target price of MYR2.20, assuming the MYR2.03 level can be surpassed.  In the meantime,  the  stock  may  consolidate  further  if  the  MYR1.97  level cannot  be  surpassed.  Support  may  then  be  found  at  MYR1.72, where traders can exit upon a breach to avoid further correction.

Axiata  Group  may  experience  further  technical  rebound  after recovering  above  the  MYR6.00  level  in  its  latest  session.  Traders may  buy  as  a  short-term  bullish  bias  could  be  present  above  this level, with a target price of MYR6.50. The stock may trend lower if it falls back below the MYR6.00  mark. In this case, further support is anticipated at MYR5.64, where traders can exit upon a breach.

Digi.com was  testing the MYR5.25  level yesterday.  Traders may buy if  this  level  is  breached  in  the  near  term,  with  a  target  price  of MYR5.60,  followed  by  MYR5.80.  In  the  meantime,  the  stock  may drift  sideways  if  the  MYR5.25  level  cannot  be  surpassed.  Support may  then  be  found  at  MYR4.90,  where  traders  can  exit  upon  a breach.

Telekom  Malaysia  was  testing  the  MYR6.50  level  after  forming  a bullish  white  candle  in  its  latest  session.  Traders  may  buy  if  this level is breached in the near term, with a target price of MYR7.00.In the meantime, the stock may drift sideways if the MYR6.50  level cannot  be  surpassed.  Support  may  then  be  found  at  MYR6.00, where traders can exit upon a breach.

Paramount  Corporation  may  soon  test  the  MYR1.53  level  afterforming a Bullish “Piercing Line” pattern in its latest session. Traders may buy if this level is breached in the near term, with a target priceof MYR1.61, followed by MYR1.70.  In the meantime, the stock may drift  sideways  if  the  MYR1.53  level  cannot  be  surpassed.  Support may  then  be  found  at  MYR1.40,  where  traders  can  exit  upon  a breach.

Gamuda  was  testing  the  MYR4.11  level  after  forming  a  “Bullish Engulfing”  pattern  in its latest session. Traders may buy if this level is  breached  in  the  near  term,  with  a  target  price  of  MYR4.60, assuming the MYR4.35 level can be surpassed. In the meantime, the stock may drift sideways if the MYR4.11  level cannot be surpassed. Support  may  then  be  found  at  MYR3.77,  where  traders  can  exit upon a breach.