Dolomite Corporation  may rebound further  after  recovering above the  MYR0.355  level  in  its  latest  session,  albeit  marginally.  Traders may buy if the stock  maintains above this point,  with a target price of MYR0.42. The stock may drift lower if it cannot sustain above the MYR0.355 mark in the near term. In this case, support is anticipated at MYR0.315, where traders can exit upon a breach.

Protasco  was  testing  the  MYR1.51  level  after  crossing  the  50-day MAV  line  in  its  latest  session,  albeit  marginally.  The  stock  may extend higher if it breaches this level in the near term, with a target price  of  MYR1.66.  On  the  other  hand,  it  may  drift  sideways  if  the MYR1.51  mark  cannot  be  surpassed.  Support  may  be  found  at MYR1.42, where traders can exit upon a breach to avoid the risk of a further correction.

Petron  Malaysia  Refining  &  Marketing  may  climb  higher  after recovering  above  the  MYR5.63  level  in  its  latest  session.  A  bullish bias  may  be  present  above  this  mark,  with  a  target  price  of MYR6.40.  The  stock  may  drift  sideways  if  it  dips  back  below  the MYR5.63  mark.  In  this  case,  support  is  anticipated  at  MYR5.21, where traders can exit upon a breach.

JCY  International  was  testing  the  MYR0.74  level  after  recently moving above the downtrend line. The stock may rebound further if it  breaches  this  level  in  the  near  term,  with  a  target  price  of MYR0.805, followed by MYR0.85. On the other hand, it may move sideways if the MYR0.74 mark cannot be surpassed. Support may be found at MYR0.655, where traders can exit upon a breach.

Econpile  was  testing  the  MYR1.11  level  in  its  latest  session.  The stock  may  trend  higher  if  it  breaches  this  level  in  the  near  term, with a target price of MYR1.22, followed by MYR1.30. On the other surpassed.  Support  may  be  found  at  MYR0.98,  where  traders  can exit upon a breach to avoid the risk of a further correction.

Mitrajaya  may trend higher after breaching the MYR1.22 level in its latest  session.  Traders  may  buy  if  the  stock  maintains  above  this point,  with  a  target  price  of  MYR1.32,  followed  by  MYR1.38.  The stock may turn sideways if it dips back below the MYR1.22 mark in the  near  term.  In  this  case,  support  is  anticipated  at  MYR1.13, where traders can exit upon a breach  to avoid the risk of a further correction.

Source: RHB Research - 15 Mar 2016