MMS Ventures may rebound further after breaching the MYR0.535level in
its latest session. A bullish bias may be present above this point,
with a target price of MYR0.615. On the other hand, the stockmay turn
sideways if it dips back below the MYR0.535 level. Support may be found
at MYR0.49, where traders can exit upon a breach.
Eden Inc was testing the MYR0.25 level in its latest session. The stock may climb further if it breaches this point in the near term, with a target price of MYR0.275, followed by MYR0.29. It will likelydrift sideways if the MYR0.25 mark cannot be surpassed. Support may be found at MYR0.235 where traders can exit upon a breach to avoid the risk of a further correction.
Ewein was testing the MYR1.01 level and 50-day SMA line after
recently moving above the downtrend line. The stock may reboundfurther
if it crosses above this point in the near term, with a target price
of MYR1.19, provided the MYR1.10 level can be surpassed.
However, it may drift sideways if the MYR1.01 mark cannot be
breached. Support may be found at MYR0.915 where traders can
exit upon a breach to avoid the risk of a further correction.
Excel Force MSC may trend higher after recovering back above theMYR0.95 level in its latest session. A bullish bias may be present above this point, with a target price of MYR1.05, followed by MYR1.12. On the other hand, the stock may turn sideways if it dips back below the MYR0.95 level. Support may be found at MYR0.92, where traders can exit upon a breach on closing to avoid the risk of a further correction.
Anzo was testing the MYR0.265 level in its latest session
after touching the 50-day SMA line as well. The stock may
rebound further if it breached this point in the near term, with a
target price of MYR0.285, followed by MYR0.305. However, it may
drift sideways if the MYR0.265 mark cannot be breached. Support may
be found at MYR0.245 where traders can exit upon a breach to
avoid the risk of a further correction.
Vivocom International was testing the MYR0.33 level in its latest trade. The stock may trend higher if it moves across this point in the near term, with a target price of MYR0.375. However, it may turn sideways if the MYR0.33 mark cannot be breached. Support may be found at MYR0.305 where traders can exit upon a breach to avoid the risk of a further correction.
Source: RHB Research - 26 Apr 2016
http://klse.i3investor.com/blogs/rhb/95439.jsp
