Naim may rebound further after climbing above the downtrend lineand 50-day MAV line in its latest session. Traders may buy as a bullish bias could be present above the MYR2.45 level, with a target price of MYR2.85, assuming the MYR2.74 resistance level can be breached. The stock may consolidate further if it dips back below the MYR2.45 level. In this scenario, support is anticipated at MYR2.24, where traders can exit upon a breach.
WTK may resume its uptrend after recovering above the downtrend line and MYR1.44 level, albeit marginally. Traders may buy as a bullish bias could be present above this price, with a target of MYR1.55, followed by MYR1.63. The stock may consolidate further if it dips back below the MYR1.44 level. In this case, support is anticipated at MYR1.32, where traders can exit upon a breach to avoid the risk of a further correction.
Jaya Tiasa may rebound further after breaching the downtrend line in its latest session. Traders may buy as a bullish bias could be present above the MYR1.50 level, with a target price of MYR1.66, followed by MYR1.81. The stock may drift sideways if it cannot hold above the MYR1.50 level. In this case, support is anticipated at MYR1.35, where traders can exit upon a breach.
B.I.G. Industries may trend higher after breaching the downtrend line in its latest session. Traders may buy as a bullish bias could be present above the MYR0.685 level, with a target price of MYR0.795. The stock may consolidate further if it cannot hold above the MYR0.685 level in the near term. In this case, s upport is anticipated at MY0.615, where traders can exit upon a breach
Tiong Nam Logistics may rebound further after breaching the downtrend line and MYR1.24 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.39. The stock may drift sideways if it cannot hold above the MYR1.24 level. In this case, support is anticipated at MYR1.15, where traders can exit upon a breach.
Malaysia Airports may trend higher after breaching the MYR5.80 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR6.79. The stock consolidate further it cannot sustain above the MYR5.80 level. In this case, support is anticipated at MY5.53, where traders can exit upon a breach.
Source: RHB Research - 3 Feb 2016
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2024-07-05
AIRPORT2024-07-05
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JTIASA2024-07-05
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JTIASA2024-07-05
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NAIM2024-07-04
AIRPORT2024-07-04
AIRPORT2024-07-04
AIRPORT2024-07-04
NAIM2024-07-04
NAIM2024-07-04
NAIM2024-07-04
NAIM2024-07-03
JTIASA2024-07-03
JTIASA2024-07-03
JTIASA2024-07-03
JTIASA2024-07-03
JTIASA2024-07-03
JTIASA2024-07-02
AIRPORT2024-07-01
AIRPORT2024-07-01
AIRPORTCreated by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016