Comintel  Corporation  (COMCORP)  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 MYR0.66 level, with a target price of MYR0.78. The stock may drift lower  if it dips back  below  the  MYR0.66  mark.  In  this  scenario,  support  is anticipated  at  MYR0.60,  where  traders  can  exit  upon  a  breach  to avoid the risk of a further correction.

AWC  was  testing  the  MYR0.425  level  while  forming  a  “Bullish Engulfing”  pattern in its latest session.  Traders may buy if this  level is  breached  in  the  near  term,  with  a  target  price  of  MYR0.455, followed  by  MYR0.485.  In  the  meantime,  the  stock  may  drift sideways  if  the  MYR0.425  level  cannot  be  surpassed.  Further support  may  then  be  found  at  MYR0.40,  where  traders  can  exit upon a breach to avoid the risk of a further correction.

CAB Cakaran Corporation may trend higher after climbing above the MYR1.70 level in its latest session. Traders may buy as a bullish biascould  be  present  above  this  level,  with  a  target  price  of  MYR1.83, followed  by  MYR2.00.  The  stock  may  consolidate  if  it  dips  back below the MYR1.70 mark.  In this scenario,  support is anticipated at MYR1.60, where traders can exit upon a breach  to avoid the risk of a further correction.

Harbour-Link  Group  may  rebound  further  after  forming  a  bullish “Piercing Line”  pattern  in its latest session. Traders may buy  if the stock  can  surpass  the  MYR2.80  level,  with  a  target  price  of MYR3.02. The stock may drift lower it cannot  breach  the MYR2.80 level. In this case, support is anticipated at MY2.65, where traders can exit upon a breach.

KPS  Consortium  may  trend  higher  after  surpassing  the  MYR0.545level  in  its  latest  session,  albeit  marginally.  Traders  may  buy  as  a bullish bias  could be present above this  level, with a target price of MYR0.61.  The  stock  may  consolidate  further  if  it  dips  back  below the  MYR0.545  mark.  In  this  scenario,  support  is  anticipated  at MYR0.51, where traders can exit upon a breach.

Komarkcorp  may  climb  further  after  recovering  above  the MYR0.615  level  as  it  formed  a  “Bullish  Engulfing”  pattern  as  well. Traders may buy as a bullish bias could be present above this  level, with  a  target  price  of  MYR0.68,  followed  by  MYR0.76.  The  stock may  turn  sideways  it  cannot  sustain  above  the  MYR0.615  mark  in the  near  term.  In  this  case,  support  is  anticipated  at  MY0.545, where traders can exit upon a breach.

Source: RHB Research - 4 Feb 2016