EG Industries was testing the MYR0.43 threshold in recent sessions. A bullish bias may be present above this point, with a target price of MYR0.465, followed by MYR0.50. The stock may consolidate further if it cannot breach above the MYR0.43 mark decisively in the near term. Support may be found at MYR0.38, where traders can exit upon a breach to limit the downside risk.Kelington Group was testing the MYR1.40 threshold in its latest session. A bullish bias may be present above this point, with a target price of MYR1.45, followed by MYR1.50. The stock may take a breather if it cannot breach above the MYR1.40 mark in the coming sessions. Support may be found at MYR1.29, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 23 Oct 2019