Ge-Shen  Corporation  may  trend  higher  after  surpassing  the MYR1.03  level  to  close  at  a  new  high  in  its  latest  session.  Traders may buy as  a  bullish  bias could be present above this level, with a target price  of MYR1.22.  The  stock may  take a further breather  if it cannot stay above the MYR1.03 level. In this case, further support is anticipated  at  MYR0.96,  where  traders  can  exit  upon  a  breach  to avoid the risk of a potential further correction.

Mudajaya  Group  may  rebound  further  after  surpassing  the MYR1.17  level  in  its  latest  session  to  cross  the  100-day  MAV  line. Traders may buy as  a bullish  bias could be present above this level, with  a  target  price  of  MYR1.29,  followed  by  MYR1.40.  The  stockmay  drift sideways if it cannot hold above the MYR1.17 level. In this case,  further support is anticipated at MYR1.10, where traders can exit upon a breach.

ES  Ceramics  Technology  may  trend  higher  after  sustaining  above the MYR0.37 level to extend its multi-year high. Traders may buy as a  bullish  bias could be present above this level, with a target priceof  MYR0.44. The  stock may take a breather if it cannot hold above the  MYR0.37  level.  In  this  case,  further  support  is  anticipated  at MYR0.345, where traders an exit upon a breach to avoid the risk of potential further correction.

Ni  Hsin  Resources  may  rebound  further  after  surpassing  the MYR0.27 level in its latest session. Traders may buy as a bullish  bias could be present above this level, with a target price  of  MYR0.325. The  stock  may  drift  sideways  if  it  cannot  hold  above  the  MYR0.27 level. In this case,  further support is anticipated at MYR0.24, where traders can exit upon a breach.

Opcom  Holdings  may  rebound  further  after  surpassing  the MYR0.815  level  in  its  latest  session.  Traders  may  buy  as  a  bullishbias  could  be  present  above  this  level,  with  a  target  price  of MYR0.905, followed by MYR0.975. The  stock may turn sideways if it cannot hold above the MYR0.815 level. In this case,  further support is anticipated at MYR0.76, where traders can exit upon a breach.

Sersol was testing the MY0.22 level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR0.255.  In  the  meantime,  the  stock  may  move  sideways  if  the MYR0.22 level cannot be breached. Support may then be found at MYR0.185, where traders can exit upon a breach.

Source: RHB Research - 16 Oct 2015