Land & General may trend higher after surpassing the MYR0.445 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a MYR0.50 TP, followed by MYR0.535. The stock may consolidate further if it cannot sustain above the MYR0.445 mark. In this case, further support is anticipated at MYR0.415, where traders can exit upon a breach.
LB Aluminium may trend higher after surpassing the MYR0.52 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a MYR0.625 TP. The stock may consolidate further if it cannot sustain above the MYR0.52 mark. In this case, further support is anticipated at MYR0.48, where traders can exit upon a breach.
AWC may trend higher after surpassing the MYR0.40 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a MYR0.425 TP, followed by MYR0.485. The stock may consolidate further if it cannot sustain above the MYR0.40 mark. In this case, further support is anticipated at MYR0.365, where traders can exit upon a breach.
Muda Holdings may trend higher after climbing above the MYR1.44 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a MYR1.82 TP, assuming the MYR1.75 level can be surpassed. The stock may drift sideways if it cannot sustain above the MYR1.44 mark. In this case, further support is anticipated at MYR1.30, where traders can exit upon a breach.
Bumi Armada may trend higher after climbing above the MYR1.05 level and 100-day MAV line in its latest session. Traders may buy as a bullish bias could be present above this level, with a MYR1.30 TP. The stock may retrace and consolidate if it cannot sustain above the MYR1.05 mark. In this case, further support is anticipated at MYR0.935, where traders can exit upon a breach.
Hartalega may trend higher after climbing above the MYR5.35 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a MYR6.00 TP, followed by MYR6.35. The stock may turn sideways if it cannot sustain above the MYR5.35 mark. In this case, further support is anticipated at MYR5.15, where traders can exit upon a breach to avoid the risk of a further correction.
Source: RHB Research - 11 Nov 2015
Chart | Stock Name | Last | Change | Volume |
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Created by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016
aa88
armada no news is good news
2015-11-17 10:32