AirAsia  may  experience  a  further  technical  rebound  after  climbing above the downtrend line and MYR0.88 level.  Traders may buy as a short-term  bullish  bias  could  be  present  above  this  level,  with  a target  price  of  MYR1.07.  The  stock  may  drift  sideways  if  it  cannot sustain firmly above the MYR0.88 mark. In this case, further support is anticipated at MYR0.765, where traders can exit upon a breach.

EG  Industries  may  experience  a  further  technical  rebound  after climbing above the MYR0.58  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  MYR0.675, assuming the MYR0.625 level  can be  surpassed.  The  stock  may  drift  sideways  if  it  cannot  sustain firmly  above  the  MYR0.58  mark.  In  this  case,  further  support  is anticipated at MYR0.535, where traders can exit upon a breach.

Magni-Tech Industries may trend higher after recovering above the 50-day  MAV  line  and  MYR4.00  level.  Traders  may  buy  as  a  bullishbias  could  be  present  above  this  level,  with  a  target  price  of MYR4.34,  followed  by  MYR4.55.  The  stock  may  consolidate  if  it cannot  sustain  above  the  MYR4.00  mark.  In  this  case,  further support  is  anticipated  at  MYR3.80,  where  traders  can  exit  upon  abreach to avoid a further correction.

Caring Pharmacy Group  may rebound further after climbing abovethe MYR1.25  level in its latest session.  Traders may buy as  a bullishbias  could  be  present  above  this  level,  with  a  target  price  of MYR1.50, assuming the MYR1.42 level can be surpassed.  The  stock may consolidate if it cannot sustain firmly above the MYR1.25 mark. In  this  case,  further  support  is  anticipated  at  MYR1.20,  where traders can exit upon a breach.

Inari  Amertron  rebounded  to  test  the  MYR3.20  level  in  its  latest session. Traders may buy if this level is breached in the near term, with  a  target  price  of  MYR3.50.  In  the  meantime,  the  stock  may consolidate  further  if  the  MYR3.20  level  cannot  be  surpassed. Support  may  then  be  found  at  MYR2.88,  where  traders  can  exit upon a breach to avoid a further correction.

Deleum  is testing the MYR1.15 level following the recent technical rebound. Traders may buy if this level is breached in the near term, with a target price of MYR1.32. In the meantime, the stock may drift lower if the MYR1.15  level cannot be surpassed.  Support may then be found at MYR1.00, where traders can exit upon a breach.

Source: RHB Research - 2 Sep 2015