Fajarbaru Builder Group was testing the MYR0.615 level in its latest session. The uptrend would be enhanced if it crosses above this point in the near term, with a target price of MYR0.68, followed by MYR0.73. However, it may take a breather if the MYR0.615 mark cannot be surpassed. Support may be found at MYR0.555 where traders can exit upon a breach to avoid the risk of a further correction.
Mudajaya Group may trend higher after crossing above the MYR1.40 level in its latest session, albeit marginally. A bullish bias may be present above this point, with a target price of MYR1.52, followed by MYR1.63. However, the stock may turn sideways if it dips back below the MYR1.40 mark. Support may then be found at MYR1.33, where traders can exit upon a breach to avoid the risk of a further correction.
Malaysia Marine & Heavy Engineering Holdings may climb further after surpassing the MYR1.11 level in its latest session, albeit marginally. A bullish bias may be present above this level, with a target price of MYR1.18, followed by MYR1.26. However, the stockmay consolidate further if it cannot hold above the MYR1.11 markin the near term. Support may then be found at MYR0.99, where traders can exit upon a breach to avoid the risk of a further correction.
Evergreen Fibreboard may experience a further technical rebound after inching above the MYR1.08 level in its latest session, albeit marginally. A bullish bias may be present above this point, with a target price of MYR1.20, followed by MYR1.30. However, the stockmay drift sideways if it cannot sustain above the MYR1.08 mark. Support may then be found at MYR0.99, where traders can exit upon a breach.
Pentamaster Corporation may rebound further after climbing above the MYR0.625 level to cross the 50-day SMA line in its latest session. A bullish bias may be present above this point, with a target price of MYR0.71, followed by MYR0.765. However, the stock may drift sideways if it cannot sustain above the MYR0.625 mark. Support may then be found at MYR0.56, where traders can exit upon a breach.
Hiap Teck Venture was testing the MYR0.325 level in its latest session. The stock may climb further if it surpasses this level, with a target price of MYR0.37 and a potential resistance at MYR0.33. On the other hand, it may move sideways if the MYR0.325 mark cannot be breached. Support may be found at MYR0.28 where traders can exit upon a breach.
Source: RHB Research - 7 Apr 2016
Chart | Stock Name | Last | Change | Volume |
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2024-07-22
FAJAR2024-07-22
HIAPTEK2024-07-22
MHB2024-07-19
FAJAR2024-07-19
PENTA2024-07-18
FAJAR2024-07-18
PENTA2024-07-18
PENTA2024-07-17
MHB2024-07-17
PENTA2024-07-17
PENTA2024-07-16
PENTA2024-07-16
PENTA2024-07-15
PENTA2024-07-15
PENTA2024-07-15
PENTA2024-07-15
PENTA2024-07-15
PENTA2024-07-12
PENTA2024-07-12
PENTA2024-07-12
PENTA2024-07-11
FAJAR2024-07-11
FAJAR2024-07-11
PENTA2024-07-11
PENTA2024-07-10
PENTA2024-07-10
PENTACreated by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016