KESM Industries may trend higher after breaching the MYR5.10 level to extend its multi-year high in its latest sesison. Traders may buy, as a bullish bias could be present above this level, with a target price of MYR5.60, followed by MYR6.15. The stock may consolidatefurther if it cannot sustain above the MYR5.10 mark. In this case, further support is anticipated at MYR4.81, where traders can exit upon a breach to avoid the risk of a further correction.
Green Packet may climb higher after inching above the MYR0.255level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.295, followed by MYR0.32. The stock may drift sideways if it cannot sustain above the MYR0.255 mark. In this case, further support is anticipated at MYR0.23, where traders can exit upon a breach to avoid the risk of a further correction.
Harbour-Link Group may trend higher after recently sustaining above the MYR2.90 level and hitting a new high in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR3.30, followed by MYR3.50. The stock may take a breather if it cannot sustain above the MYR2.90 mark. In this case, further support is anticipated at MYR2.70, where traders can exit upon a breach to avoid the risk of a further correction.
Prolexus may trend higher after breaching the MYR2.65 level in its latest session, albeit marginally to ink a new closing high. Traders may buy as a bullish bias could be present above this level, with a target price of MYR3.00, followed by MYR3.15. The stock may consolidate further if it cannot sustain above the MYR2.65 mark. In this case, further support is anticipated at MYR2.44, where traders can exit upon a breach to avoid the risk of a further correction.
K-One Technology was testing the MYR0.32 resistance level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR0.35, followed by MYR0.40. In the meantime, the stock may consolidate further if the MYR0.32 level cannot be breached. Support may then be found at MYR0.275, where traders can exit upon a breach.
BTM Resources was testing the MYR0.355 resistance level in its latest session. Traders may uy if this level is breached in the near term, with a target price of MYR0.42. In the meantime, the stock may move sideways if the MYR0.355 level cannot be breached. Support may then be found at MYR0.315, where traders can exit upon a breach.
Source: RHB Research - 20 Nov 2015
Chart | Stock Name | Last | Change | Volume |
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Created by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016