Naim Holdings  may trend higher after surpassing the MYR2.29  leveland  100-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 MYR2.44,  followed by MYR2.70.  The  stock may  trade sideways  if it cannot hold above the MYR2.29  mark. In this case, further support is anticipated at MYR2.14, where traders can exit upon a breach.

Taliworks  Corporation  may  trend  higher  after  inching  above  the MYR3.70  level  in  its  latest  session,  albeit  marginally.  Traders  may buy as a bullish  bias could be present above this level, with a target price  of  MYR4.06.  The  stock  may  consolidate  further  if  it  cannot hold  above  the  MYR3.70  mark.  In  this  case,  further  support  is anticipated  at  MYR3.50,  where  traders  can  exit  upon  a   breach  to avoid the risk of a further correction.

WZ  Satu  was  testing  the  MYR1.56  resistance  level  in  its  latest ession. Traders may buy if this level is breached in the near term, with  a  target  price  of  MYR1.69,  followed  by  MYR1.87.  In  the meantime,  the  stock  may  move  sideways  if  the  MYR1.56  level cannot  be  breached.  Support  may  then  be  found  at  MYR1.40, where traders can exit upon a breach.

Abric may trend higher after inching above the MYR0.555 level in its latest  session.  Traders  may  buy  as  a  bullish  bias  could  be  present above  this  level,  with  a  target  price  of  MYR0.63.  The  stock  may consolidate if it cannot hold above the MYR0.555 mark. In this case, further support is anticipated at MYR0.525, where traders can exit upon a breach.

Saudee Group may trend higher after successfully gaining above the MYR0.50  level.  Traders may buy as  a  bullish  bias could be present above  this  level,  with  a  target  price  of  MYR0.585,  assuming  the MYR0.56  resistance  can  be  surpassed.  The  stock  may  take  a breather  if  it  cannot  hold  above  the  MYR0.50  mark.  In  this  case, further support is anticipated at MYR0.475, where traders can exit upon a breach.

M-Mode  was  testing  the  MYR0.46  resistance  level  in  its  latest session. Traders may buy if this level is breached in the near term, with  a  target  price  of  MYR0.51,  followed  by  MYR0.55.  In  the meantime,  the  stock  may  take  a  breather  if  the  MYR0.46  level cannot  be  breached.  Support  may  then  be  found  at  MYR0.41, where traders can exit upon a breach.

Source: RHB Research - 28 Oct 2015