Classic  Scenic  may  trend  higher  after  recently  inching  above  the MYR1.35 level.  A  bullish bias  may be present above this point, with a target  price of MYR1.53. On the other hand, it may  take a  further breather if  it  dips  back below the MYR1.35  mark. Support may  be found  at MYR1.29, where  traders can  exit upon a  breach to avoid the  risk  of  a  further  correction.  Note  that  a  stronger  support  is anticipated at MYR1.20.

Pestech International  may trend upwards  after  climbing above the downtrend line and 50-day MAV line. A bullish bias may be present above the MYR6.50 level,  with a target price of MYR7.65,  assuming the  MYR7.05  resistance  can  be  surpassed.  The  stock  may  turnsideways  if  it  falls  back  below  the  MYR6.50  mark.  In  this  case, support  is  anticipated  at  MYR6.25,  where  traders  can  exit  upon  a breach to avoid the risk of a further correction.

Ikhmas  Jaya  Group  may  climb  higher  after  closing  above  the MYR0.675  level  in  its  latest  session.  A  bullish  bias  may  be  present above  this  level,  with  a  target  price  of  MYR0.775,  assuming  the MYR0.725 level can be surpassed.  The stock may  drift  sideways  if it dips  back  below  the  MYR0.675  mark.  In  this  case,  support  is anticipated at MYR0.64, where traders can exit upon a breach.

Malakoff  Corporation  may  trend  higher  after  climbing  above  the MYR1.64 level in  its  latest session, albeit marginally. A  bullish  bias may  be  present  above  this  point,  with  a  target  price  of  MYR1.78, followed by MYR1.88. On the other hand, it may consolidate further if it dips  back below the MYR1.64 mark. Support may  be found at MYR1.55, where traders can exit upon a breach.

CWorks  Systems  may  soon  test  the  MYR0.70  level  after  breaching the downtrend line, albeit marginally. The stock may climb higher if it  breaches  this  point  in  the  near  term,  with  a  target  price  of MYR0.81, assuming the MYR0.73 resistance level can be surpassed. On the other hand, it may consolidate further if the MYR0.70 mark cannot  be  surpassed.  Support  may  be  found  at  MYR0.645,  where traders  can  exit  upon  a  breach  to  avoid  the  risk  of  a  further correction.

Sunway  Construction  Group  was  testing  the  MYR1.57  level  in  its latest session. The stock may trend upwards if it breaches this point in the nearterm, with a target price of MYR1.70. On the other hand, it  may  trend  sideways  if  the  MYR1.57  mark  cannot  be  surpassed. Support may be found at MYR1.47, where traders  can exit upon a breach to avoid the risk of a further correction

Source: RHB Research - 24 Mar 2016