Berjaya Food may trend higher after sustaining above the MYR2.50 level,  while  touching  the  200-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  MYR2.91. The  stock  may  take  a  breather  if  it cannot  sustain  above  the  MYR2.50  mark.  In  this  case,  further support  is  anticipated  at  MYR2.30,  where  traders  can  exit  upon  a breach.

Fajarbaru  Builder  may  trend  higher  after  surpassing  the  MYR0.50 level in its latest session. Traders may buy as a bullish bias could be present  above  this  level,  with  a  target  price  of  MYR0.55,  followed by  MYR0.60.  The  stock  may  take  a  breather  if  it  cannot  sustain above the MYR0.50 mark. In this case, further support is anticipated at MYR0.475, where traders can exit upon a breach to avoid the risk of a further correction.

CAB  Cakaran  may  trend  higher  after  gaining  above  the  MYR1.20 level in its latest  session to record a new closing  high.  Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.39. The stock may take a further breather if it cannot sustain  above  the  MYR1.20  mark.  In  this  case,  further  support  is anticipated  at  MYR1.13,  where  traders  can  exit  upon  a  breach  to avoid the risk of a further correction.

Yong  Tai  was  testing  the  MYR0.805  resistance  level  in  its  latest session.  Traders  may  buy  if  this  level  is  breached  in  the  near  term, with  a  target  price  of  MYR0.85,  followed  by  MYR0.935.  In  the meantime,  the  stock  may  retrace  and  consolidate  if  the  MYR0.805 level cannot be breached. Support may then be found at MYR0.74, where traders can  exit upon a breach to avoid  the risk of a further correction.

Notion  VTec  was  testing  the  MYR0.435  resistance  level  in  its  latest session.  Traders  may  buy  if  this  level  is  breached  in  the  near  term, with  a  target  price  of  MYR0.485.  In  the  meantime,  the  stock  may drift  sideways  if  the  MYR0.435  level  cannot  be  breached.  Support may  then  be  found  at  MYR0.405,  where  traders  can  exit  upon  a breach.

Top  Glove  Corporation  may  trend  higher  after  gaining  above  the MYR9.59  level  in  its  latest  session  to  record  a  new  high.  Traders may  buy  as  a  bullish  bias  could  be  present  above  this  level,  with  a target  price  of  MYR10.60,  followed  by  MYR11.70.  The  stock  may take  a breather if it cannot sustain above the MYR9.59 mark.In this case,  further  support  is  anticipated  at  MYR9.13,  where  traders  can exit upon a breach to avoid the risk of a further correction.

Source: RHB Research - 12 Nov 2015