UEMLand may climb further if it breaks above the seven-month resistance level. A purchase can be made if the stock closes above RM2.15, with a close below RM2.10 as a stop-loss. The price targets are the prior high of RM2.40 and the RM2.60 gap. A close below RM2.15 could see the stock trend lower, with further supports expected at RM2.00 and RM1.90.
GenM may rebound after forming another white candle yesterday. A position can be initiated on a close above RM3.60, with a close below RM3.48 as a stop-loss. The price targets are RM3.87 and the psychological RM4.00. Failure to break the resistance could see the
stock trend lower, with supports seen at RM3.35 and RM3.25.
stock trend lower, with supports seen at RM3.35 and RM3.25.
Brem may climb higher if it continues to trade above RM1.19. A position can be initiated if the stock closes above RM1.21, with a close below the one-week low of RM1.19 as a stop-loss. The price targets are the prior highs of RM1.30 and RM1.40. The stock is likely to trade sideways if it fails to close higher, with selling expected to intensify on a close below the one-year low of RM1.16.
PasukGB may decline after consecutive closes below the RM0.50 support level. A position can be liquidated on any rebound towards
RM0.50, while supports are anticipated at RM0.30 and RM0.20. The negative bias will be nullified should the stock close above Wednesday’s high of RM0.57. if so, look for it to reboun, with strong resistance seen at RM0.70.
RM0.50, while supports are anticipated at RM0.30 and RM0.20. The negative bias will be nullified should the stock close above Wednesday’s high of RM0.57. if so, look for it to reboun, with strong resistance seen at RM0.70.
Bright may resume its rally after closing above RM1.60 two days in a row. A purchase can be made if the stock price stays above RM1.60,
with a close below RM1.50 as stop-loss. The price targets are RM1.80 and RM2.00. Failure to stay above RM1.60 is likely to see
the stock trend sideways, with selling intensifying on a close below RM1.40.
with a close below RM1.50 as stop-loss. The price targets are RM1.80 and RM2.00. Failure to stay above RM1.60 is likely to see
the stock trend sideways, with selling intensifying on a close below RM1.40.
PresBhd’s rally may resume after closing at its highest in more than two months yesterday. A purchase can be made if the stock stays
above RM1.23, with a close below this week’s low of RM1.17 as a stop-loss. The price target is the psychological RM1.50, if the recent
high of RM1.35 is broken. Failure to stay above RM1.25 should see the stock trend sideways, with selling possibly intensifying on a
close below RM1.10.
above RM1.23, with a close below this week’s low of RM1.17 as a stop-loss. The price target is the psychological RM1.50, if the recent
high of RM1.35 is broken. Failure to stay above RM1.25 should see the stock trend sideways, with selling possibly intensifying on a
close below RM1.10.
Gamuda may resume its rebound after a firmer close yesterday. A purchase can be made if it closes above this week’s high of RM3.70, with a close below the three-day low of RM3.62 as a stop-loss. The price targets are the prior highs of RM4.00 and RM4.25. Failure to break above RM3.70 will likely see the stock lower and supports are seen at RM3.55 and RM3.40.
EastLnd may continue its climb after closing at RM0.50 yesterday. A purchase can be made if it stays above RM0.50, while yesterday’s low of RM0.47 can be employed as a stop-loss. The price targets are RM0.55 and the round figure of RM0.60. Failure to stay above RM0.50 could see the stock lower, with supports expected at RM0.425 and RM0.37.
Source: OSK
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