ViTrox  Corporation  may  trend  higher  after  sustaining  above  the MYR3.25  level. Traders may buy as a  bullish bias could be present above  this  level,  with  a  target  price  of  MYR3.54,  followed  by MYR3.79. The stock may consolidate further if it cannot  hold above the  MYR3.25  level.  In  this  case,  further  support  is  anticipated  at MYR2.99, where  traders can exit upon a breach  to avoid the risk of a further correction.

Mikro  MSC  may  trend  higher  after  inching  above  the  MYR0.425 level  in  its  latest  session  with  an  intact  uptrend  line.  Traders  may buy as a bullish bias could be present above this level, with a target price  of  MYR0.46,  followed  by  the  round  number  MYR0.50.  The stock may turn sideways if it cannot hold above the MYR0.425 level. In  this  case,  further  support  is  anticipated  at  MYR0.39,  wheretraders  can  exit  upon  a  breach  to  avoid  the  risk  of  a  further correction.

Poh  Huat Resources  was testing the MYR1.78 resistance level in its latest session. Traders may buy if this level is breached in the near term,  with  a  target  price  of  MYR2.00.  In  the  meantime,  the  stock may consolidate if the MYR1.78 level cannot be breached. Support may  then  be  found  at  MYR1.61,  where  traders  can  exit  upon  a breach to avoid the risk of a further correction.

Eco  World  Development  Group  may  trend  higher  after  inching above  the  MYR1.41  level  to  cross  the  100-day  MAV  line.  Traders may buy as a  bullish bias could be present above this level, with a target  price  of  MYR1.63,  assuming  the  MYR1.49  level  can  be surpassed.  The  stock  may  consolidate  further  if  it  cannot  sustain above the MYR1.41 level. In this case, further support is anticipated at MYR1.35, where traders can exit upon a breach.

Latitude Tree  was  testing the MYR7.50 resistance level in its latest session. Traders may buy if this level is breached in the near term, with  a  target  price  of  MYR8.00,  followed  by  MYR8.50.  In  the meantime, the stock may turn sideways if the MYR7.50 level cannot be  breached.  Support  may  then  be  found  at  MYR6.80,  where traders  can  exit  upon  a  breach  to  avoid  the  risk  of  a  further correction.

Khee  San  may  soon  test  the  MYR0.83  resistance  level  after breaching the downtrend line in its latest session. Traders may buy if  this  level  is  breached  in  the  near  term,  with  a  target  price  of MYR0.90.  In  the  meantime,  the  stock  may  turn  sideways  if  the MYR0.83 level cannot be breached. Support may then be found at MYR0.755, where traders can exit upon a breach to avoid the risk of a further correction.

Source: RHB Research - 25 Nov 2015