Karex  may  trend higher after climbing above  the MYR4.15  level  in its  latest  session  to  extend  its  new  high.  Traders  may  buy  as  a bullish  bias could be present above this  level, with a target price of MYR4.70, followed by MYR4.90.  The stock may  consolidate further if it dips back below the MYR4.15 mark. In this case, further support is  anticipated at MYR3.80, where  traders can exit upon a breach  to avoid the risk of a further correction.

Evergreen  Fibreboard  may  trend  higher  after  climbing  above  the MYR2.44  level  in  its  latest  session  to  extend  its  new  high.  Traders may buy as a bullish  bias could be present above this  level, with a target  price  of  MYR2.65,  followed  by  MYR2.80.  The  stock  may consolidate further if it dips back below the MYR2.44  mark. In this case, further support is anticipated at MYR2.23, where  traders can exit upon a breach to avoid the risk of a further correction.

Subur  Tiasa  may  trend  higher  after  climbing  above  the  MYR2.00 level  in its latest session.  Traders may buy as a bullish bias could be present  above  this  level,  with  a  target  price  of  MYR2.34, followed by MYR2.50. The stock may drift sideways if it cannot sustain above the  MYR2.00  mark.  In  this  case,  further  support  is  anticipated  at MYR1.90, where  traders can exit upon a breach to avoid the risk of a further correction.

TDM  may  soon  test  the  MYR0.725  resistance  level  after  its  latest candle  and  recent  recovery  above  the  50-day  MAV  line.  Traders may buy if this level is breached in the near term, with a target price of MYR0.80, followe by MYR0.85. In the meantime, the stock mayconsolidate  further  if  the  MYR0.725  level  cannot  be  breached. Support may be found at MYR0.64, where traders can exit upon a breach to avoid the risk of a further correction.

Luxchem  Corporation  may  soon  test  the  MYR1.79  resistance  level after bouncing off the 50-day MAV line in its latest session.  Traders ay buy if this level is breached in the near term, with a target price of MYR1.97, followed by MYR2.09. In the  meantime, the stock may consolidate  further  if  the  MYR1.79  level  cannot  be  breached.Support may be found at MYR1.60, where traders can exit upon a breach to avoid the risk of a further correction.

K-One Technology  was  testing the MYR0.335  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 MYR0.335  level cannot  be  breached.  Support  may  be  found  at  MYR0.30,  where traders  can  exit  upon  a  breach  to  avoid  the  risk  of  a  further correction.

Source: RHB Research - 6 Jan 2016