AeonCr may rally further after posting an all-time high yesterday. A purchase can be made above RM11.00, with a close below the recent low of RM10.30 as a stop-loss. The price target is RM12.50, with selling expected at RM12.00. A close below RM10.30 should see the stock lower and supports are seen at RM9.50 and RM9.00.
GenM may decline after failing to stay above the 200-day MAV line. A position can be liquidated below RM3.75, with support
anticipated at the important RM3.50 level. A close above RM3.80 however, may nullify the weak bias. Instead, look for the stock to test the RM3.95 resistance.
anticipated at the important RM3.50 level. A close above RM3.80 however, may nullify the weak bias. Instead, look for the stock to test the RM3.95 resistance.
Harbour may go up further after closing above RM1.00 yesterday. A purchase can be made above RM1.00, with a close below
yesterday’s low of RM0.95 as a stop-loss. The price target is 2010’s high of RM1.15, if the recent high of RM1.06 is broken. However, failure to stay above RM1.00 should see the stock continue sideways, with supports anticipated at RM0.90 and RM0.85.
yesterday’s low of RM0.95 as a stop-loss. The price target is 2010’s high of RM1.15, if the recent high of RM1.06 is broken. However, failure to stay above RM1.00 should see the stock continue sideways, with supports anticipated at RM0.90 and RM0.85.
Microlink may rally further after closing at its highest in over a year. A purchase can be made above RM0.40, with a close below yesterday’s low of RM0.395 as a stop-loss. The price targets are RM0.455 and RM0.53. A close below RM0.395 will nullify the positive bias and send the stock sideways, with support seen at RM0.34.
This stock may climb further after printing a 52-week high yesterday. A purchase can be made above RM0.87, with a close below the recent low of RM0.84 as a stop-loss. The price target is RM1.00, if RM0.90 is broken convincingly. However, look for the stock to decline if the stop-loss is triggered. Supports are expected at RM0.745 and RM0.715.
Asia File may rebound after closing at its five-month high. A purchase can be made above RM3.80, with a close below RM3.70 as a stop-loss. The price target is RM4.20, provided that the recent high of RM4.00 is violated. Failure to hold above RM3.80 will nullify the positive bias while supports are seen at RM3.60 and RM3.40.
MPHB may resume its rally after closing firmer yesterday. A purchase can be made on a close above RM3.60, with a close below RM3.55 as a stop-loss. The price target is RM4.15, if the recent high of RM3.90 is broken. A close below RM3.50 will nullify the positive bias and send the stock lower. Supports are anticipated at RM3.30 and RM3.10.
Pharma may rebound after a firm close yesterday. A purchase can be made above RM8.00, or otherwise above RM8.40, with a close below yesterday’s low of RM7.80 as a stop-loss. The price targets are RM9.50 and the psychological RM10.00. Failure to break above RM8.40 could see the stock lower, with supports seen at RM7.00 and RM6.50.
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