Seacera  Group  may  rebound  higher  after  climbing  above  thedowntrend line and 50-day MAV line.  Traders may buy as  a  bullish bias could be present above the MYR0.65  level, with a target priceof  MYR0.80, assuming it can surpass MYR0.74.  The  stock may drift sideways  if it  cannot sustain above the MYR0.65  mark. In this case, further  support  is  anticipated  at  MYR0.60,  where  traders  can  exit upon a breach.

Muhibbah Engineering  may rebound further after climbing above the  MYR1.88  level.  Traders may buy,  as  a short-term  bullish  bias could be present above this level, with a target price  of MYR2.05,followed  by  MYR2.17.  The  stock  may  drift  sideways  if  it  cannot sustain  above  the  MYR1.88  mark.  In  this  case,  further  support  is anticipated at MYR1.76, where traders can exit upon a breach.

Yong  Tai  may  rebound  further  after  climbing  above  the  MYR0.51 level  to  touch  the  50-day  MAV  line.  Traders  may  buy  as  a  shortterm  bullish  bias  could  be  present  above  this  level,  with  a  target price  of  MYR0.605,  assuming  it  can  surpass  MYR0.575.  The  stock may drift sideways if it cannot sustain above the MYR0.51 mark. In this case, further support is anticipated at MYR0.465, where traders can exit upon a breach.

Malaysian  Resources  Corporation  (MRCB)  rebounded  to  test  the MYR1.00  level  in  its  latest  session.  Traders  may  buy  if  this  level  is breached  in  the  near  term,  with  a  target  price  of  MYR1.11.  In  the meantime,  the  stock  may  take  a  breather  if  the  MYR1.00  level cannot  be  surpassed.  Support  may  then  be  found  at  MYR0.95, where traders can exit upon a breach.

George Kent was testing the MYR1.39  level  in its latest session  after breaching  the  50-day  MA  line.  Traders  may  buy  if  this  level  is breached  in  the  near  term,  with  a  target  price  of  MYR1.54.  In  the meantime, the stock may drift sideways if the MYR1.39 level cannot be  surpassed.  Support  may  then  be  found  at  MYR1.29,  where traders can exit upon a breach.

Hartalega was testing the 50-day MAV line and MYR8.40 level in  its latest session. Traders may buy if this level is breached in the near term,  with  a  target  price  of  MYR9.00.  In  the  meantime,  the  stock may  drift  sideways  if  the  MYR8.40  level  cannot  be  surpassed. Support  may  then  be  found  at  MYR7.95,  where  traders  can  exit upon a breach.

Source: RHB Research - 7 Sep 2015