Thong Guan Industries may soon test the MYR3.30 level after crossing above the 50-day MAV line. The stock may trend higher if it breaches this level, with a target price of MYR3.50, followed by MYR3.75. On the other hand, it may consolidate further if the MYR3.30 mark cannot be surpassed. Support may be found at MYR3.00, where traders can exit upon a breach to avoid the risk of a further correction.
Damansara Realty may rebound further after recovering above the MYR0.68 level in its latest session. A bullish bias may be present above this level, with a target price of MYR0.80. The stock may drift sideways if it dips back below the MYR0.68 mark. In this case, support is anticipated at MYR0.605, where traders can exit upon a breach.
AirAsia may climb further after inching above the MYR1.75 level in its latest session to hit a 9-month high. A bullish bias may be present above this mark, with a target price of MYR2.02. The stock may face a correction if it dips back below the MYR1.75 mark. In this case, support is anticipated at MYR1.63, where traders can exit upon a breach to avoid the risk of a further correction.
Eco World Development Group may climb further after sustaining above the MYR1.34 level and 50-day MAV line. A bullish bias may be present above this mark, with a target price of MYR1.50. The stock may move sideways if it dips back below the MYR1.34 mark. In this case, support is anticipated at MYR1.27, where traders can exit upon a breach.
Mudajaya Group was testing the MYR1.21 level in its latest session. The stock may trend higher if it breaches this level in the near term, with a target price of MYR1.36. On the other hand, it may consolidate further if the MYR1.21 mark cannot be surpassed.Support may be found at MYR1.10, where traders can exit upon a breach.
Puncak Niaga may experience a further technical rebound after breaching the MYR1.16 level in its latest session. Traders may buy if the stock maintains above this point, with a target price of MYR1.34. The stock may turn sideways if it dips back below the MYR1.16 mark in the near term. In this case, support is anticipated at MYR1.02, where traders can exit upon a breach.
Source: RHB Research - 16 Mar 2016
Chart | Stock Name | Last | Change | Volume |
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2024-08-07
CAPITALA2024-08-07
ECOWLD2024-08-06
MUDAJYA2024-08-06
MUDAJYA2024-08-06
MUDAJYA2024-08-06
MUDAJYA2024-08-06
MUDAJYA2024-08-06
MUDAJYA2024-08-06
MUDAJYA2024-08-06
MUDAJYA2024-08-06
MUDAJYA2024-08-06
TGUAN2024-08-05
ECOWLD2024-08-02
CAPITALA2024-08-02
CAPITALA2024-08-02
ECOWLD2024-08-02
ECOWLD2024-08-02
ECOWLD2024-08-01
CAPITALA2024-07-30
CAPITALA2024-07-30
ECOWLD2024-07-30
ECOWLD2024-07-29
CAPITALA2024-07-29
CAPITALACreated by kiasutrader | Jun 14, 2016
Created by kiasutrader | May 05, 2016
Alfonso
mcb luk 9 lor
2016-03-17 14:20