IQ Group may rebound further  after surpassing  the  MYR2.20 level to touch the 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  MYR2.50,  followed  by  MYR2.70.  The  stock  may  turnsideways  if  it  cannot  hold  above  the  MYR2.20  mark.  In  this  case, further  support  is  anticipated  at  MYR2.08,  where  traders  can  exit upon a breach.

Ekowood  International  may  rebound  further  after  surpassing  the MYR0.21  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  MYR0.265,  assuming  it  can  surpass  the  MYR0.24 level.  The  stock  may  turn  sideways  if  it  cannot  hold  above  the MYR0.21  mark.  In  this  case,  further  support  is  anticipated  at MYR0.19, where traders can exit upon a breach.

Berjaya  Corporation  was  testing  the  MYR0.38  level  after  crossing the  50-day  MAV  line,  albeit  marginally.  Traders  may  anticipate  a further short-term technical rebound if this level is breached in the near term, with a target price of MYR0.405, followed by MYR0.44.In the meantime, the stock may  drift sideways if the MYR0.38  level cannot  be  breached.  Support  may  then  be  found  at  MYR0.35, where traders can exit upon a breach.

Rimbunan  Sawit  may  climb  higher  after  surpassing  the  MYR0.525level  in its latest session.  Traders may buy as a bullish  bias could be present  above  this  level,  with  a  target  price  of  MYR0.60, followed by MYR0.635.  The  stock may turn sideways  if it cannot hold above the  MYR0.525  mark.  In  this  case,  further  support  is  anticipated  at MYR0.48, where traders can exit upon a breach.

Kretam was testing the MYR0.44 level after having recently crossedthe  50-day  AV  line.  Traders  may  anticipate  a  bullish  bias  if  this level is breached in the near term, with a target price of MYR0.49.In the meantime, the stock may drift sideways if the MYR0.44  level cannot  be  breached.  Support  may  then  be  found  at  MYR0.395, where traders can exit upon a breach.

CIMB Group  may trend lower after  falling below the  MYR4.60  levelto extend its multi-year low. Traders may expect further weakness if it stays below this level in the near term, with the next support level anticipated at MYR4.20, followed by MYR3.80.  The stock may trend sideways  if  it returns above the MYR4.60  level.  A short-term bullish bias  may  kick  in  if  it  rebounds  back  above  the  MYR5.15  level  and downtrend line.

Source: RHB Research - 1 Oct 2015