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