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
Chart | Stock Name | Last | Change | Volume |
---|
2024-08-24
HARTA2024-08-24
MRCB2024-08-23
YONGTAI2024-08-23
YONGTAI2024-08-23
YONGTAI2024-08-23
YONGTAI2024-08-23
YONGTAI2024-08-23
YONGTAI2024-08-23
YONGTAI2024-08-21
HARTA2024-08-21
HARTA2024-08-20
HARTA2024-08-16
YONGTAI2024-08-16
YONGTAI2024-08-16
YONGTAI2024-08-16
YONGTAI2024-08-16
YONGTAI2024-08-16
YONGTAICreated by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016