MMS  Ventures  was  testing  the  MYR0.535  resistance  level  in  its latest session after recently moving above the downtrend line. The stock  may  rebound  further  if  it  breaches  this  point,  with  a  target price of MYR0.615. On the other hand, it  may trade sideways  if the MYR0.535  mark  cannot  be  surpassed.  Support  may  be  found  at MYR0.46 where traders can exit upon a breach.

Ekovest  may trend higher after surpassing the MYR1.18  level in its latest session. A bullish bias may be present above this point, with a target price of MYR1.33. However, the  stock may turn sideways if it dips back below the MYR1.18  mark in the near term. Support may then be found at MYR1.10, where traders can exit upon a breach.

Dufu  Technology may soon test the MYR0.525 resistance level after touching  the  50-day  SMA  line  in  its  latest  session.  The  stock  may climb higher if it surpasses this level  in the near term, with a target price of MYR0.59. On the other hand, it may consolidate  further if the MYR0.525 mark cannot be breached. Support may be found at MYR0.475 where traders can exit upon a breach.

Malakoff  Corporation  may  trend  higher  after  sustaining  above  the MYR1.67  level. A bullish bias may be present above this point, with a  target  price  of  MYR1.88,  assuming  the  MYR1.78  resistance  level can  be  breached.  The  stock  may  consolidate  again  if  it  dips  back below  the  MYR1.67  mark  in  the  near  term.  Support  may  then  be found at MYR1.59, where traders can exit upon a  breach.  Note that a stronger support is expected at MYR1.50.

Managepay  Systems  is  attempting  to  rebound  after  bouncing  off the  50-day  SMA  line  in  its  latest  session.  Traders  may  buy  if  theMYR0.245 level  can be  surpassed with a target price of MYR0.285, assuming  the  MYR0.26  resistance  can  be  overcome.  On  the  other hand, it may drift lower if the MYR0.245 mark cannot be breached.Support may be found at MYR0.225,  where traders can exit upon a breach.

Maxis may trend lower after dipping below the uptrend line and 50-day  SMA  line  in  its  latest  session.  Traders  may  expect  further weakness if it stays below the MYR6.20 level in the immediate term, with  support  anticipated  at  MYR5.94,  followed  by  MYR5.56.  The stock  may  trade  sideways  if  it  recovers  above  the  MYR6.20  mark. The bearish bias may be eliminated if it breaches the MYR6.45 level.

Source: RHB Research - 11 Apr 2016