WCT may climb higher after holding above the RM2.70 support level for almost two months now. A purchase can be made above RM2.70, with a close below as a stop-loss. The price target is at RM3.15, if the psychological RM3.00 is broken. The stock may correct if it closes below RM2.70. Strong support is at RM2.50.
Astro could rebound after failing to force a close below RM2.64. A position can be initiated on a close above RM2.70, with a close below RM2.64 as a stop-loss. The price target is RM3.00, with selling also expected at RM2.90. A failure to hit and stay above RM2.70 should see the stock lower, and strong support is at RM2.50.
GasMsia may decline after failing to break above the RM2.75 resistance level. A position can be exited on a close below RM2.59 and supports are expected at RM2.40 and RM2.20. A failure to break below RM2.59 could see a return of buying support but expect the RM2.75 resistance level to put a lid on the price.
GBGAQRS will likely decline after failing to hold above RM1.12. Atrader can liquidate as long as the stock stays below RM1.12, withsupports expected at RM1.00 and if violated, at RM0.90. Thenegative bias will be nullified should the stock sustain a close aboveRM1.15 and that should lead the stock higher.
KSK may rebound if it holds above the RM0.65 support level. Apurchase can be made on a close above RM0.66, with a close belowRM0.65 as a stop-loss. The price target is RM0.80, if the August highof RM0.70 is broken. A close below RM0.70 should see the stocktrade lower, with supports expected at RM0.615 and RM0.595.
Cypark will fall futher if it closes below the psychological RM1.50. A position can be exited if it happens and supports are expected at
the one-year low of RM1.30 and if broken, RM1.20. A failure to break below RM1.50 could see the stock rebound but the upside bias will only take over if the stock closes above the Oct high of RM1.70.
the one-year low of RM1.30 and if broken, RM1.20. A failure to break below RM1.50 could see the stock rebound but the upside bias will only take over if the stock closes above the Oct high of RM1.70.
MPHB may decline after failing to hold above RM3.70. A trader can liquidate if the stock stays below RM3.70, with supports expected at RM3.50, and if that is violated, RM3.30. A close back above RM3.70 will likely see the stock resuming its rally, with resistance at RM3.90 and RM4.15.
Ann Joo may decline if it breaks below the RM1.30 support level. Aposition can be liquidated if it happens, wtih supports anticipated at RM1.15 and psychological RM1.00. The stock may rebound,however, if it fails to break below RM1.30. This should see it scalehigher, with resistance seen at the gap of RM1.44.
Source: OSK
No comments:
Post a Comment