My EG Services may rebound after forming a "Bullish Harami" in its latest session. Traders may buy if the stock recovers above theMYR2.09 level, with a target price of MYR2.20, followed by MYR2.33. The stock may drift lower if it fails to recover above the MYR2.09 mark in the immediate term. In this case, support is anticipated at MYR1.93, where traders can exit upon a breach to avoid the risk of a further correction.
Sern Kou Resorces may soon test the MYR0.865 resistance level given its valid general uptrend. The stock may extend higher if it breaches this level in the near term, with a target price of MYR1.00. On the other hand, it may consolidate further if the MYR0.865 mark cannot be surpassed. Support may be found at MYR0.81, where traders can exit upon a breach to avoid the risk of a further correction.
Latitude Tree may climb higher after its bullish white candle in its latest session amid oversold conditions. Stronger technical rebound may kick in if the stock recovers above the MYR5.70 level, with a target price of MYR6.25. The stock may drift lower if it fails to recover above the MYR5.70 mark. In this case, support is anticipated at MYR5.21, where traders can exit upon a breach.
Felda Global Ventures was testing the MYR1.43 support level in its latest session. Traders may expect further weakness if it falls below this level in the near term, with the next support anticipated at MYR1.30. The stock may gradually appreciate if it sustains above the MYR1.43 mark in the near term. The bearish bias may be eliminated if it regains above MYR1.66.
Gadang may experience a further correction after falling below the MYR2.03 level in its latest session. Traders may expect further weakness if it stays below this level, with the next support anticipated at MYR1.80. The stock may consolidate as before if it rebounds above the MYR2.03 level. The bullish bias may be enhanced if it recovers back above MYR2.24.
GD Express Carrier may experience a further correction after dropping below the MYR1.65 level in its latest session. Traders may expect further weakness if it stays below this level, with the next support anticipated at MYR1.52. The stock may trade sideways if it rebounds above the MYR1.65 level in the near term. The bullish bias may return if it recovers back above MYR1.70.
Source: RHB Research - 9 Mar 2016
Chart | Stock Name | Last | Change | Volume |
---|
2024-05-19
GADANG2024-05-19
MYEG2024-05-17
MYEG2024-05-17
MYEG2024-05-17
SERNKOU2024-05-17
SERNKOU2024-05-16
MYEG2024-05-16
MYEG2024-05-16
MYEG2024-05-15
MYEG2024-05-14
FGV2024-05-14
MYEG2024-05-14
MYEG2024-05-14
MYEG2024-05-14
MYEG2024-05-13
MYEG2024-05-13
MYEG2024-05-13
MYEG2024-05-13
MYEG2024-05-13
MYEGCreated by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016