IQ Group may rebound further after surpassing the MYR2.03 level in its latest session. Traders may buy, as a bullish bias could be present above this level, with a target price of MYR2.20, followed by MYR2.50. The stock may drift sideways if it cannot hold above the MYR2.03 mark. In this case, further support is anticipated at MYR1.86, where traders can exit upon a breach.
Asia Poly Holdings may rebound further after surpassing the MYR0.65 level and 50-day MAV line in its latest session. Traders may buy, as a bullish bias could be present above this level, with a target price of MYR0.765. The stock may consolidate further if it cannot sustain above the MYR0.65 mark. In this case, further support is anticipated at MYR0.575, where traders can exit upon abreach to avoid a potential further correction.
TMC Life Sciences may trend higher after climbing above the MYR0.575 level. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.645. The stock may drift sideways if it cannot sustain above the MYR0.575 mark. In this case, further support is anticipated at the MYR0.53 point, where traders can exit upon a breach.
WTK Holdings may rebound further after sustaining above theMYR0.95 level. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.08. The stock may driftsideways if it cannot sustain above the MYR0.95 mark. In this case, further support is anticipated at the MYR0.895 point, where traders can exit upon a breach.
Paramount Corporation may climb higher after gaining above the MYR1.67 level in its latest session, albeit marginally. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.86. The stock may turn sideways if it cannot sustain above the MYR1.67 mark. In this case, further support is anticipated at MYR1.60, where traders can exit upon a breach.
Top Glove Corporation may trend higher after recovering back above the 50-day MAV line and MYR7.70 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR8.55, followed by MYR9.00. The stock may consolidate further if it cannot sustain above the MYR7.70 mark. In this case, further support is anticipated at MYR7.10, where traders can exit upon a breach.
Source: RHB Research - 25 Sep 2015
Chart | Stock Name | Last | Change | Volume |
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Created by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016