Lii Hen Industries may trend higher after sustaining above the MYR6.26 evel to extend its multi-year high. Traders may buy as a bullish bias could be present above this level, with a target price of MYR7.00, followed by MYR7.70. The stock may turn sideways if itcannot sustain above the MYR6.26 mark. In this case, further support is anticipated at MYR6.00, where traders can exit upon abreach to avoid a potential further correction.
AirAsia may climb further after sustaining above the MYR1.07level following its recent technical rebound. Traders may buy, as a bullish bias could be present above this level, with a target price of MYR1.26, followed by MYR1.40. The stock may turn sideways if it cannot sustain above the MYR1.07 mark. In this case, further support is anticipated at the MYR1.00 psychological level, where traders can exit upon a breach.
Lii Hen Industries may trend higher after sustaining above the MYR6.26 level to extnd its multi-year high. Traders may buy as a bullish bias could be present above this level, with a target price of MYR7.00, followed by MYR7.70. The stock may turn sideways if itcannot sustain above the MYR6.26 mark. In this case, further support is anticipated at MYR6.00, where traders can exit upon abreach to avoid a potential further correction.
AirAsia may climb further after sustaining above the MYR1.07level followingits recent technical rebound. Traders may buy, as a bullish bias could be present above this level, with a target price of MYR1.26, followed by MYR1.40. The stock may turn sideways if it cannot sustain above the MYR1.07 mark. In this case, further support is anticipated at the MYR1.00 psychological level, where traders can exit upon a breach.
Only World Group (OWG) was testing the MYR2.48 level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR2.71. In the meantime, the stock may drift sideways if the MYR2.48 level cannot be surpassed. Support may then be found at MYR2.20, where traders can exit upon a breach.
Sasbadi may trend higher after closing above the MYR2.50 level in its latest session, albeit marginally. Traders may buy as a bullish bias could be present above this level, with a target price of MYR2.80. The stock may consolidate further if it cannot sustain above the MYR2.50 mark. In this case, further support is anticipated at MYR2.20, where traders can exit upon a breach.
Source: RHB Research - 11 Sep 2015
prescott2006
POHUAT's target price is wrong.
2015-09-11 12:59