Ho Hup Construction Company was testing the MYR1.03 resistance level as it touches the 100-day MAV line. Traders may buy if this level is breached in the near term, with a target price of MYR1.17. In the meantime, the stock may consolidate further if the MYR1.03level cannot be breached firmly. Support may then be found at MYR0.96, where traders can exit upon a breach.
C.I. Holdings was testing the MYR2.40 resistance level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR2.77. In the meantime, the stock may drift sideways if the MYR2.40 level cannot be breached. Support may then be found at MYR2.15, where traders can exit upon a breach.
Felda Global Ventures may trend higher after surpassing the MYR1.85 lvel and 200-day MAV line. Traders may buy as a bullish bias could be present above this level, with a target price of MYR2.20. The stock may take a breather if it cannot sustain above the MYR1.85 mark. In this case, further support is anticipated at MYR1.70, where traders can exit upon a breach.
SEAL Incorporated may climb higher after crossing the 100-day MAV line and MYR0.52 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 take a breather if it cannot sustain above the MYR0.52 mark. In this case, further support is anticipated at MYR0.485, where traders can exit upon a breach.
Asian Pac may rebound further after inching above the MYR0.22level in its latest session, albeit marginally. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.25. The stock may drift sideways if it cannot sustain above the MYR0.22 mark. In this case, further support is anticipated at MYR0.20, where traders can exit upon a breach.
Eversendai Corporation may soon test the MYR0.87 resistance level after breaching the downtrend line to touch the 100-day MAV line. Traders may buy if this level is breached in the near term, with a target price of MYR0.98, assuming the MYR0.95 level can be surpassed. In the meantime, the stock may turn sideways if the MYR0.87 level cannot be breached. Support may then be found at MYR0.775, where traders can exit upon a breach.
Source: RHB Research - 6 Nov 2015
Chart | Stock Name | Last | Change | Volume |
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Created by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016