Muda  Holdings  may  rebound  further  after  surpassing  the  MY1.25level  and 100-day MAV line  in its latest session.  Traders may buy as a  bullish  bias could be present above this level, with a target priceof MYR1.40, followed by MYR1.50. The stock may drift sideways if it cannot hold above the MYR1.25  mark. In this case, further support is anticipated at MYR1.16, where traders can exit upon a breach.

Heng Huat Resources Group  may trend higher after climbing  abovethe MYR0.525  level  in  its latest  session to ink a  new high.  Traders may buy as  a  bullish  bias could be present above this level, with a target price  of  MYR0.60, followed by MYR0.64.  The  stock may  take a breather if it cannot hold above the MYR0.525  mark. In this case, further  support  is  anticipated  at  MYR0.48,  where  traders  can  exit upon a breach to avoid the risk of a further correction.

HIL  Industries  may  climb  higher  after  inching  above  the  MYR0.79 level in its latest session.  Traders may buy as a bullish  bias could be present above this level, with a target price  of MYR0.925. The  stock may  trade  sideways  if  it  cannot  hold  above  the  MYR0.79  mark.  In this case,  further support is anticipated at MYR0.72, where traders can exit upon a breach.

EG Industries  may trend higher  after sustaining  above the MYR0.68 level  in  recent  trades.  Traders  may  buy  as  a  bullish  bias  could  be present  above  this  level,  with  a  target  price  of  MYR0.75, followed by  MYR0.80.  The  stock  may  take  a  breather  it  cannot  hold  above the  MYR0.68  mark.  In  this  case,  further  support  is  anticipated  at MYR0.63, where traders can exit upon a breach.

IFCA  MSC  may  trend  sideways  or  higher  after  forming  a  “Bullish Engulfing” pattern in its latest session.  Traders may buy as  a bullishbias  could  be  present  above  the  MYR0.91,  with  a  target  price  of MYR1.03,  followed  by  MYR1.08.  The  stock  may  drift  sideways  if  it cannot hold  above the MYR0.91  mark. In this case, further support is anticipated at MYR0.845, where traders can exit upon a breach.

K-One  Technology  may  trend  higher  after  inching  above  the MYR0.28  level in its latest session.  Traders may buy as a bullish  bias could  be  present  above  this  level,  with  a  target  price  of  MYR0.35, assuming  the  MYR0.325  level  can  be  surpassed.  The  stock  may trade  sideways  if  it  cannot  hold  above  the  MYR0.28  mark.  In  this case,  further support is anticipated at MYR0.25, where traders can exit upon a breach.

Source: RHB Research - 29 Oct 2015