TIME dotCom may climb higher after gaining above the uptrend line and  MYR7.50  level  in its latest session.  Traders may buy as a bullish bias  could  be  present  above  this  level,  with  a  target  price  of MYR8.60,  assuming the MYR8.00 resistance level can be surpassed. The stock may consolidate further if it falls back below the MYR7.50mark. In this case, further support is anticipated at MYR7.10, wheretraders  can  exit  upon  a  breach  to  avoid  the  risk  of  a  further correction.

Only  World  Group  (OWG)  may  trend  higher  after  surpassing  the MYR2.67  level,  albeit marginally,  to mark a new high.  Traders may buy as a bullish bias could be present above this level, with a target price of MYR2.90, followed by MYR3.16.  The stock may consolidate further  if it falls  back below the  MYR2.67  mark. In this case, further support  is  anticipated  at  MYR2.33,  where  traders  can  exit  upon  a breach to avoid the risk of a further correction.

D&O Green Technologies  was testing the MYR0.385 resistance level in its latest session. Traders may buy if this level is breached in the near  term,  with  a  target  price  of  MYR0.43.  In  the  meantime,  the stock  may  consolidate  further  if  the  MYR0.385  level  cannot  be breached.  Support  may  be  found  at  MYR0.355,  where  traders  can exit upon a breach.

Dutaland  may  climb  higher  after  surpassing  the  MYR0.505  level  in its latest session. Traders may buy as a bullish bias could be present above  this  level,  with  a  target  price  of  MYR0.575,  followed  by MYR0.60.  The  stock  may  drift  sideways  if  it  cannot  sustain  above the  MYR0.505  mark.  In  this  case,  further  support  is  anticipated  at MYR0.47, where traders can exit upon a breach.

Malaysia  Airports  was  testing  the  MYR5.75  resistance  level  in  its latest session. Traders may buy if this level is breached in the near term,  with  a  target  price  of  MYR6.36.  In  the  meantime,  the  stock may  consolidate  further  if  the  MYR5.75  level  cannot  be  breached. Support may be found at MYR5.26,  where traders can exit upon a breach to avoid the risk of a further correction.

Peterlabs  may  climb  higher  after  sustaining  above  the  MYR0.29 level.  Traders may buy as a bullish  bias could be present above this level, with a target price of MYR0.33. The stock may drift sideways if it  cannot  sustain  above  the  MYR0.29  mark.  In  this  case,  further support is anticipated at MYR0.265, where  traders can exit upon a breach.

Source: RHB Research - 18 Jan 2016