Kimlun Corporation may trend higher after surpassing  the  MYR1.67 level in its latest session to close  at a near  2-year high. Traders may buy  if  it stays  above this  level,  with a target price of MYR1.91. The stock  may  turn  sideways  if  it  cannot  sustain  above  the  MYR1.67mark. In this case, support is anticipated at MYR1.58, where traders can exit upon a breach to avoid the risk of a further correction.

TDM  may climb  higher after  surging  through  the MYR0.725  level  in its  latest  session.  A  bullish  bias  may  be  present  if  the  stock  holds above  this  level,  with  a  target  price  of  MYR0.80,  assuming  the MYR0.765  resistance  can  be  surpassed.  The  stock  may  take  a breather  if it  dips back below MYR0.725  mark. In this case, support is anticipated at MYR0.695, where traders can exit upon a breach  to avoid the risk of a further correction.

Century  Logistics  may  trend  higher  after  breaching  the  MYR0.84level  in  its  latest  session.  Traders  may  buy  if  the  stock  sustainsabove  this  level,  with  a  target  price  of  MYR0.895,  followed  by MYR0.96. The stock may drift sideways if it cannot  maintain  above the  MYR0.84  mark  in  the  near  term.  In  this  case,  support  is anticipated at MYR0.785, where traders can exit upon a breach.

KPS Consortium may trend higher after breaching the MYR0.62 level in its laest session to extend its 52-week high. Traders may buy if the  stock  holds  above  this  threshold,  with  a  target  price  of MYR0.67, followed by MYR0.725. The stock may take a breather if it dips  back  below  the  MYR0.62  mark.  In  this  case,  support  is anticipated at MYR0.585, where traders can exit upon a breach  to avoid the risk of a further correction.

Mulpha International was testing the MYR0.30 resistance level in its latest session. The stock may  climb higher  if it breaches this level  in the near term, with a target price of MYR0.34. On the other hand, it may  turn  sideways  if  the  MYR0.30  mark  cannot  be  surpassed. Support may be found  at MYR0.275, where traders  can exit upon a breach.

Jaya  Tiasa  was  testing  the  MYR1.42  resistance  level  in  its  latest session after breaching the downtrend line. The stock may rebound further if it breaches this level in the near term, with a target priceof  MYR1.59.  On  the  other  hand,  it  may  drift  sideways  if  the MYR1.42  mark  cannot  be  surpassed.  Support  may  be  found  at MYR1.28, where traders can exit upon a breach.

Source: RHB Research - 11 Mar 2016