NTPM may trend higher after breaching the MYR0.98 level in its latest session to hit a new high. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.15. The stock may take a breather if it cannot sustain above the MYR0.98 mark. In this case, support is anticipated at MYR0.90, where traders can exit upon a breach.
Kimlun Corporation may climb further after recently surpassing the MYR1.57 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.75, assuming the MYR1.67 resistance can be breached. The stock may turn sideways if it cannot hold above the MYR1.57 mark. In this case, support is anticipated at MYR1.47, where traders can exit upon a breach.
Deleum rebounded to test the MYR1.18 resistance level in its latest session. The stock may climb further if breaches this level in the near term, with a target price of MYR1.38. On the other hand, it may drift sideways if the MYR1.18 mark cannot be surpassed.Support may be found at MYR1.03, where traders can exit upon a breach.
Lee Swee Kiat Group (LEESK) was testing the MYR0.30 level in its latest session. The stock may trend upwards if it violates this level in the near term, with a target price of MYR0.335. On the other hand, it may consolidate further if the MYR0.30 mark cannot be surpassed. Support may be found at MYR0.27, where traders can exit upon a breach.
Unisem may climb further after inching above the MYR2.30 level in its latest session, albeit marginally. Traders may buy as a bullish bias could be present above this level, with a target price of MYR2.52, followed by MYR2.64. The stock may take a breather if it cannot sustain above the MYR2.30 mark. In this case, support is anticipated at MYR2.19, where traders can exit upon a breach.
Signature International may soon test the MYR1.89 resistance levelafter its latest climb. The upward momentum may pick up if it surpasses this level in the near term, with a target price of MYR2.03, followed by MYR2.13. On the other hand, it may drift sideways if the MYR1.89 mark cannot be breached. Support may be found at MYR1.75, where traders can exit upon a breach.
Source: RHB Research - 4 Mar 2016
Chart | Stock Name | Last | Change | Volume |
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Created by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016