Jaya  Tiasa  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  MYR1.48  level,  with  a  target  price  of MYR1.64.  The  stock  may  drift  lower  if  it  cannot  surpass  the MYR1.48  mark  in  the  near  term.  In  this  case,  further  support  is anticipated at MYR1.35, where traders can exit upon a breach.

Chin Well  may rebound after forming a “Bullish Harami” pattern in its latest session. Traders may buy as a bullish bias could be present above the MYR1.97  level, with a target price of MYR2.16, followed by  MYR2.32.  The  stock  may  drift  lower  if  it  cannot  surpass  the MYR1.97  mark.  In  this  case,  further  support  is  anticipated  at MYR1.78, where traders can exit upon a breach.

Minho  may rebound  after forming a “Bullish Harami” pattern in its latest  session.  Traders  may  buy  as  a  bullish  bias  could  be  present above the MYR1.30 level, with a target price of MYR1.37,  followed by  MYR1.51.  The  stock  may  drift  lower  if  it  cannot  surpass  the MYR1.30  mark  in  the  near  term.  In  this  case,  further  support  is anticipated at MYR1.22, where traders can exit upon a breach.

Teo  Seng  Capital  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 MYR1.35 level, with a target price of  MYR1.50.  The  stock  may  drift  lower  if  it  cannot  surpass  the MYR1.35  mark  in  the  near  term.  In  this  case,  further  support  is anticipated at MYR1.20, where traders can exit upon a breach.

Thong  Guan  Industries  rebounded  to  test  the  MYR3.08  level  in  its latest  session  after  recently  bouncing  off  the  50-day  MAV  line. Traders  may  buy  if  this  level  is  breached  in  the  near  term,  with  a target  price  of  MYR3.27,  followed  by  MYR3.50.  In  the  meantime, the  stock  may  drift  sideways  if  the  MYR3.08  level  cannot  be breached.  Support  may  be  found  at  MYR2.82,  where  traders  can exit upon a breach.

Weida  rebounded  in  its  latest  session  after  recently  bouncing  off the MYR1.70 support level. Traders may buy if the  MYR1.83 level is breached  in  the  near  term,  with  a  target  price  of  MYR2.03. In  the meantime,  the  stock  may  move  sideways  if  the  MYR1.83  level cannot  be  breached.  Support  may  be  found  at  MYR1.70,  where traders can exit upon a breach.

Source: RHB Research - 26 Jan 2016