AirAsia may climb higher after inching above the MYR1.40 level, albeit marginally, to touch the 100-day MAV line. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.60. The stock may consolidate if it cannot hold above the MYR1.40 level. In this case, further support is anticipated at MYR1.20, where traders can exit upon a breach.
Barakah Offshore Petroleum may trend higher after sustaining above the MYR1.00 level. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.13. The stock may pull back and consolidate if it cannot hold above the MYR1.00 mark. In this case, further support is anticipated at MYR0.96, where traders can exit upon a breach.
Silk Holdings may trend higher after closing at the MYR0.525 level in its latest session. Traders may buy as a bullish bias could be present at this level or above, with a target price of MYR0.615. The stock may drift sideways if it cannot sustain at the MYR0.525 level. In this case, further support is anticipated at MYR0.47, where traders can exit upon a breach.
EG Industries may rebound further after recovering above the MYR0.565 level and the 100-day MAV line. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.65, followed by MYR0.68. The stock may consolidate further if it cannot hold above the MYR0.565 level. In this case, further support is anticipated at MYR0.51, where traders can exit upon a breach.
Eco World Development Group may rebound further after gaining above the MYR1.41 level as it positions back above the 50-day MAV line. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.63. The stock may drift sideways if it cannot hold above the MYR1.41 level. In this case, further support is anticipated at MYR1.34, where traders can exit upon a breach.
Golden Land may rebound further after gaining above the MYR1.57 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.72. The stock may drift sideways if it cannot hold above the MYR1.57 level. In this case, further support is anticipated at MYR1.46, where traders can exit upon a breach
Source: RHB Research - 13 Oct 2015
Chart | Stock Name | Last | Change | Volume |
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2024-09-04
CAPITALA2024-09-03
BARAKAH2024-09-03
CAPITALA2024-09-02
CAPITALA2024-09-02
ECOWLD2024-09-02
EG2024-08-30
CAPITALA2024-08-30
CAPITALA2024-08-30
CAPITALA2024-08-30
CAPITALA2024-08-30
CAPITALA2024-08-30
CAPITALA2024-08-30
CAPITALA2024-08-30
CAPITALA2024-08-30
CAPITALA2024-08-30
CAPITALA2024-08-30
CAPITALA2024-08-30
CAPITALA2024-08-30
M&G2024-08-29
BARAKAH2024-08-29
CAPITALA2024-08-29
EG2024-08-29
EG2024-08-29
M&G2024-08-27
CAPITALACreated by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016