Trading Stocks - Yinson | Hiap Huat | CB Industrial Products | SYF Resources | Malaysian Resource Corp | Lion Industries Corp | Brahim Holdings | Pasukhas |

Yinson may climb higher after holding above the 200-day MAV line. A  purchase  can  be  made  if  it  stays  above  RM2.00,  with  a  close
below of RM1.80 as a stop-loss. The price target is at RM2.60, if the recent  high  of  RM2.30  is  broken.  The  stock  may  decline  if  it  is unable to stay above RM2.00 and selling is likely to intensify below RM1.80.

HHHCorp should climb higher after closing at its highest in more six days.  A  purchase  can  be  made  above  RM0.175,  with  a  close  below RM0.165  as  a  stop-loss.  The  price  targets  are  at  RM0.20  and  the highest close of RM0.25. Failure to stay above RM0.175 may see the stock lower, with supports at RM0.15 and RM0.12.

CBIP may rise after holding above the 200-day MAV line. A purchase can be made on close above RM2.70, with a close below RM2.60 as a  stop-loss.  The  price  targets  are  the  prior  highs  of  RM2.90  and RM3.10.  Failure  to  stay  above  RM2.70  could  see  the  stock  trend lower, with supports at RM2.45 and RM2.30.

SYF  may  rebound  after  closing  at  its  highest  in  over  two  weeks.  A purchase can be made on a level above RM0.70, with a close below RM0.68  as  a  stop-loss.  The  price  target  is  at  RM0.875,  if  the September high of RM0.80 is broken. A close below RM0.68 should see the stock trade lower, with strong support expected at RM0.60. 

MRCB  may  rebound  if  it  can  hold  above  the  seven-month  support level.  A  purchase  can  be  made  on  a  close  above  two-day  high  of RM1.58, with a close below RM1.55 as a stop-loss. The price targets are  the  prior  highs  of  RM1.75  and  RM1.90.  The  stock  may  trade lower if it fails to break above RM1.58, with strong support expected at RM1.50

LionInd  may  fall  after  forming  weak  candles  below  the  RM1.00 resistance  level.  Liquidation  can  be  done  if  it  stays  below  RM1.00 and  supports  are  expected  at  RM0.90  and  RM0.85.  Buying  could make  a  return  if  the  stock  closes  back  above  RM1.00,  following which it could trade higher. The resistance is at RM1.15.  

Brahims  may  fall  further  after  the  high  volume  day  failed  to  keep  it above the 200-day MAV line. An investor may choose to liquidate if it  stays  below  RM1.08  and  supports  are  expected  at  RM1.00  and RM0.93.  A  failure  to  close  below  RM1.00  may  invite  buying  and resistance can be seen at RM1.15 and RM1.27.

PasukGB’s  downside  risk  has  increased  after  high  volume  trades failed  to  see  it  above  RM0.30.  A  position  can  be  exited  as  long  as the  stock  stays  below  RM0.30,  or  otherwise  on  a  close  below RM0.27,  and  supports  are  anticipated  at  RM0.25  and  RM0.20.  A close back above RM0.30 could see it move higher, and resistance is at RM0.40 and RM0.50.

Source: OSK