Inari Amertron may rebound further after breaching the downtrend line to recover above the MYR3.34 level in its latest session. Traders may  buy  as  a  bullish  bias  could  be  present  above  this  level,  with  a target  price  of  MYR3.66.  The  stock  may  consolidate  if  it  dips  back below  the  MYR3.34  mark.  In  this  case,  support  is  anticipated  at MYR3.13, where traders can exit upon a breach to avoid the risk of a further correction.

EG  Industries  may  rebound  further  after  recovering  above  the MYR0.975 level to touch the 50-day MAV line. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.11.  The  stock  may  drift  sideways  if  it  cannot  sustain  above the MYR0.975 mark. In this case, support is anticipated at MYR0.90, where traders can  exit upon a breach to avoid  the risk of a further correction.

Sarawak  Cable  may  rebound  higher  after  climbing  above  the MYR1.63  level  and  50-day  MAV  line.  Traders  may  buy  if  the  stock maintains  above  this  level  in  the  near  term,  with  a  target  price  of MYR1.82.  The  stock  may  move  sideways  if  it  dips  back  below  the MYR1.63  mark.  In  this  case,  further  support  is  anticipated  at MYR1.52, where traders can exit upon a breach.

Mieco Chipboard may experience a further technical rebound after moving  above  the  downtrend  line  and  MYR0.90  level,  albeit marginally.  Traders  may  buy  as  a  bullish  bias  could  be  present above this level, with a target price of MYR1.02. The stock may drift lower if it falls back below the MYR0.90 mark. In this case, the next support  level  is  anticipated  at  MYR0.80,  where  traders  can  exit upon a breach.

GHL  Systems  may  experience  a  further  technical  rebound  after recently  breaching  the  downtrend  line  to  sustain  above  the MYR0.78  level.  Traders  may  buy  as  a  bullish  bias  could  be  present above this level, with a target price of MYR0.90. The stock may drift lower if it falls back below the  MYR0.78 mark. In this case, support is anticipated at MYR0.73, where traders can exit upon a breach.

SKP  Resources  may  consolidate  with  an  upward  bias  after recovering  above  the  MYR1.32  level  and  50-day  MAV  line.  A  slight positive bias may be present above this level, with a target price of MYR1.41,  followed  by  MYR1.48.  The  stock  may  drift  sideways  if  it dips  back  below  the  MYR1.32  mark.  In  this  case,  support  is anticipated at MYR1.24, where traders can exit upon a breach.

Source: RHB Research - 23 Feb 2016