SHH  Resources  may  rebound  further  after  climbing  above  the MYR2.16  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  MYR2.48,  assuming  the  MYR2.25  minor  resistance  can  be breached.  The  stock  may  turn  sideways  if  it  dips  back  below  the MYR2.16  level.  In  this  case,  further  support  is  anticipated  at MYR2.41, where traders can exit upon a breach to avoid the risk of a further correction.

ES Ceramics Technology rebounded  to test the MYR0.45 resistance level after touching the 50-day MAV line recently. Traders may buy if  this  level  is  breached  in  the  near  term,  with  a  target  price  of MYR0.51. In the meantime, the stock may consolidate further if the MYR0.45  level  cannot  be  breached.  Support  may  then  be  found  at MYR0.395, where traders can exit upon a breach to avoid the risk of a further correction.

Asdion rebounded to test the MYR0.495 level and 50-day MAV line in its latest session. Traders may buy if this level is  breached in the near  term,  with  a  target  price  of  MYR0.535,  followed  by  MYR0.60. In the meantime, the stock may drift sideways if the MYR0.495 level cannot  be  breached.  Support  may  then  be  found  at  MYR0.42, where traders can exit upon a breach.

Yong  Tai  may  rebound  further  after  closing  back  above  the  50-day MAV  line  and  MYR0.665  level.  Traders  may  buy  as  a  bullish  bias could  be  present  above  this  level,  with  a  target  price  of  MYR0.75, followed  by  MYR0.79.  The  stock  may  turn  sideways  if  it  cannot sustain  above  the  MYR0.665  mark.  In  this  case,  support  is anticipated  at  MYR0.63,  where  traders  can  exit  upon  a  breach  to avoid the risk of a further correction

Careplus  Group  rebounded  to  test  the  MYR0.55  resistance  level  in its  latest  session.  Traders  may  buy  if  this  level  is  breached  in  the near  term,  with  a  target  price  of  MYR0.61.  In  the  meantime,  the stock  may  consolidate  further  if  the  MYR0.55  level  cannot  be breached.  Support  may  then  be  found  at  MYR0.52,  where  traders can exit upon a breach to avoid the risk of a further correction.

Ajiya may soon test the MYR4.42 resistance level. Traders may buy if  this  level  is  breached  in  the  near  term,  with  a  target  price  of MYR4.90. In the meantime, the stock may consolidate further if the MYR4.42  level  cannot  be  breached  firmly.  Support  may  then  be found  at  MYR3.95,  where  traders  can  exit  upon  a  breach  to  avoid the risk of a further correction.

Source: RHB Research - 2 Dec 2015