Tune Protect Group may rebound further after crossing the 100-day MAV line and MYR1.43 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target priceof MYR1.68. The stock may drift sideways if it cannot hold above the MYR1.43 mark. In this case, further support is anticipated at MYR1.33, where traders can exit upon a breach.
LTKM may trend higher after climbing above the MYR1.75 level to cross the 50-day MAV line, albeit marginally. Traders may buy as a bullish bias could be present above this level, with a target price of MYR2.07. The stock may take a breather if it cannot hold above the MYR1.75 mark. In this case, further support is anticipated at MYR1.65, where traders can exit upon a breach to avoid the risk of a further correction.
Uchi Technologies was testing the MYR1.73 resistance level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR1.92. In the meantime, the stock may drift lower if the MYR1.73 level cannot be breached. Support may then be found at MYR1.63, where traders can exit upon a breach.
Kronologi Asia may climb higher after closing above the MYR0.215level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.255. The stock may take a breather if it cannot sustain above the MYR0.215 mark. In this case, further support is anticipated at MYR0.195, where traders can exit upon a breach.
SYF Resources may trend higher after closing above the MYR0.495 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 MYR0.555. The stock may take a breather if it cannot sustain above the MYR0.495 mark. In this case, further support is anticipated at MYR0.45, where traders can exit upon a breach.
Yoong Onn Corporation may trend higher after climbing above the MYR1.00 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 MYR1.14. The stock may take a breather if it cannot sustain above the MYR1.00 mark. In this case, further support is anticipated at MYR0.925, where traders can exit upon a breach.
Source: RHB Research - 3 Nov 2015
Chart | Stock Name | Last | Change | Volume |
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Created by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016