Comintel  Corporation  (COMCORP)  may  rebound  further  afterbreaching  the  downtrend  line  and  MYR0.75  level  in  its  latest session.  Traders  may  buy  as  a  bullish  bias  could  be  present  above this  level,  with  a  target  price  of  MYR0.845.  The  stock  may  drift sideway if it cannot sustain above  the MYR0.75  mark. In this  case, further  support  is  anticipated  at  MYR0.69,  where  traders  can  exit upon a breach.

APFT  may  rebound  further  after  forming  a  bullish  “Morning  Star”pattern  in its latest session.  Traders may buy as a  bullish  bias could be  present  above  the  MYR0.21  level,  with  a  target  price  of MYR0.25, followed by MYR0.275. The  stock may drift  sideways  if it cannot  sustain  above  the  MYR0.21  mark.  In  this  case,  further support  is  anticipated  at  MYR0.18,  where  traders  can  exit  upon  a breach.

JCY  International  may  rebound  further  after  forming  a  “Bullish Harami”  pattern  in  its  latest  session.  Traders  may  buy  as  a  bullish bias could be present above the MYR0.80  level, with a target price of  MYR0.85,  followed  by  MYR0.89.  The  stock  may  drift  lower  if  it cannot  surpass  the  MYR0.80  mark  in  the  near  term.  In  this  case, further  support  is  anticipated  at  MYR0.76,  where  traders  can  exit upon a breach.

Unisem  may  rebound  further  after  forming  a  “Bullish  Engulfing” pattern  in its latest session.  Traders may buy as a  bullish  bias could be  present  above  the  MYR2.24  level,  with  a  target  price  of MYR2.38,  followed  by  MYR2.52.  The  stock  may  drift  lower  if  it cannot  breach  the  MYR2.24  mark.  In  this  case,  further  support  is anticipated at MYR2.13, where traders can exit upon a breach.

CAB Cakaran was testing the MYR1.75 level in its latest session after reaching a new high. Traders may buy if this level is breached firmly in the near term, with a target price of MYR2.00. In the meantime, the  stock  may  drift  sideways  if  the  MYR1.75  level  cannot  be breached.  Support  may  be  found  at  MYR1.63,  where  traders  can exit upon a breach to avoid the risk of a further correction.

AWC  is  still  on  a  valid  uptrend  after  recently  breaching  the MYR0.425 level. Traders may buy as a bullish bias could be present above  this  level,  with  a  target  price  of  MYR0.485,  assuming  the MYR0.455  minor  resistance  can  be  surpassed.  The  stock  may  drift lower  if  it  cannot  sustain  above  the  MYR0.425  mark.  In  this  case, further  support  is  anticipated  at  MYR0.41,  where  traders  can  exit upon a breach.

Source: RHB Research - 20 Jan 2016