Careplus Group may trend higher after sustaining above the MYR0.56 level in its latest session. Traders may buy, as a bullish bias could be present above this level, with a target price of MYR0.645. The stock may fail to consolidate if it cannot sustain above the MYR0.56 mark. In this case, further support is anticipated at MYR0.52, where traders can exit upon a breach to avoid the risk of a further correction.
LCTH Corporation may trend higher after surpassing the MYR0.74level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.875. The stock may take a breather if it cannot sustain above the MYR0.74 mark. In this case, further support is anticipated at MYR0.68, where traders can exit upon a breach to avoid the risk of a further correction.
Global Oriental was testing the MYR0.635 resistance level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR0.68, followed by MYR0.74. In the meantime, the stock may consolidate further if the MYR0.635 level cannot be breached. Support may then be found at MYR0.57, where traders can exit upon a breach to avoid the risk of a further correction.
Comfort Gloves was testing the MYR0.815 resistance level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR0.875. In the meantime, the stock may consolidate further if the MYR0.815 level cannot be breached. Support may then be found at MYR0.765, where traders can exit upon a breach.
Ni Hsin Resources may trend higher inching above the MYR0.34 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 MYR0.385. The stock may take a breather if it cannot sustain above the MYR0.34 mark. In this case, further support is anticipated at MYR0.30, where traders can exit upon a breach to avoid the risk of a further correction.
Salcon was testing the MYR0.69 resistance level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR0.77. In the meantime, the stock may consolidate further if the MYR0.69 level cannot be breached. Support may then be found at MYR0.625, where traders can exit upon a breach.
Source: RHB Research - 13 Nov 2015
Chart | Stock Name | Last | Change | Volume |
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Created by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016
davidkkw79
Can trust ?
2015-11-15 08:33