Inari Amertron may trend higher after surpassing the MYR3.53  levelin its latest session to mark a new high. Traders may buy as a bullishbias  could  be  present  above  this  level,  with  a  target  price  of MYR3.90, followed by MYR4.10.  The  stock may  consolidate furtherif  it  cannot  hold  above  the  MYR3.53  level.  In  this  case,  further support  is  anticipated  at  MYR3.28,  where  traders  can  exit  upon  abreach to avoid a potential further correction.

Insas may climb higher after forming a “Bullish Engulfing” pattern in its latest session.  Traders may buy as a bullish  bias could be present above the MYR0.80 leel, with a target price  of MYR0.925,  followed by MYR0.975.  The  stock may drift sideways if it cannot hold above the  MYR0.80  level.  In  this  case,  further  support  is  anticipated  at MYR0.735, where traders can exit upon a breach.

Careplus  Group  may  trend  higher  after  surpassing  the  MYR0.51level  in  its  latest  session,  albeit  marginally.  Traders  may  buy  as  a bullish  bias could be present above this level, with a target price  of MYR0.59, assuming the MYR0.56 level can be surpassed.  The  stock may consolidate further if it cannot hold above the MYR0.51  mark. In  this  case,  further  support  is  anticipated  at  MYR0.46,  where traders can exit upon a breach.

Tomypak  was  testing  the  MYR2.32  minor  resistance  level  and downtrend line  in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR2.40, followed by MYR2.60. In the meantime, the stock may trade sideways if the MYR2.32  level cannot be breached. Support may then be found at MYR2.17, where traders can exit upon a breach  to avoid a potential further correction.

Bina  Puri  was  testing  the  MYR0.49  level  in  its  latest  session  after inching above the 100-day MAV line. Traders may buy if this level is breached in the near term, with a target price of MYR0.535. In the meantime,  the  stock  may  trade  sideways  if  the  MYR0.49  level cannot  be  breached.  Support  may  then  be  found  at  MYR0.45, where traders can exit upon a breach.

Zelan  was  testing  the  MYR0.285  level  in  its  latest  session  after touching  the  100-day  MAV  line.  Traders  may  buy  if  this  level  is breached  in  the  near  term,  with  a  target  price  of  MYR0.32. In  the meantime,  the  stock  may  trade  sideways  if  the  MYR0.285  level cannot  be  breached.  Support  may  then  be  found  at  MYR0.26, where traders can exit upon a breach.

Source: RHB Research - 22 Oct 2015