CAB Cakaran  may trend  higher after  sustaining above the MYR1.83 level to extend its new high. Traders may  buy as a bullish bias could be  present  above  this  level,  with  a  target  price  of  MYR2.05.  The stock may  take a breather  if it dips  back below  the MYR1.83  mark. In  this  case,  support  is  anticipated  at  MYR1.72, where  traders  can exit upon a breach to avoid the risk of a further correction.

K-One  Technology  was  testing  the  MYR0.29  level  after  moving above the downtrend line. The stock may climb higher if it breaches this level in the near term, with a target price of MYR0.335.  In the meantime,  the  stock  may  move  sideways  if  the  MY0.29  mark cannot  be  breached.  Support  may  then  be  found  at  MYR0.265, where traders can exit upon a breach.

Jaya  Tiasa  was  testing  the  MYR1.59  level  in  its  latest  session.  The stock  may  trend  higher  if  it  breaches  this  level  in  the  near  term, with  a  target  price  of  MYR1.18.  On  the  other  hand,  it  may consolidate  further  if  the  MY1.59  mark  cannot  be  surpassed. Support may  be found at MYR1.44, where traders can exit upon a breach.

Protasco  was  testing  the  MYR1.51  resistance  level  after  recently moving above the downtrend line. The stock may rebound further ifit  breaches  this  level  with  a  target  price  of  MYR1.66.  In  the meantime, the stock may drift lower  if the MY1.51  mark cannot be breached.  Support  may  then  be  found  at  MYR1.37,  where  traders can exit upon a breach

AWC was testing the MYR0.455 level in its latest session. The stock may  trend  higher  if  it  breaches  this  level  in  the  near  term,  with  a target  price  of  MYR0.485,  followed  by  the  psychological  MYR0.50mark. Meanwhile, the stock may consolidate further if  the MY0.455level  cannot  be  surpassed.  Support  may  be  found  at  MYR0.40, where traders can exit upon a breach.

Alam  Maritim  was  testing  the  MYR0.39  level  in  its  latest  session. The  stock  may  experience  a  technical  rebound  if  it  breaches  this level  in  the  near  term,  with  a  target  price  of  MYR0.45.  In  the meantime, the stock may drift sideways if the MY0.45 mark cannot be  breached.  Support  may  then  be  found  at  MYR0.35,  where traders can exit upon a breach.

Source: RHB Research - 19 Feb 2016