Timecom’s rebound may resume after closing above the psychological RM4.00 yesterday. A position can be initiated if it stays above RM4.00, with a close below RM3.87 as a stop-loss. The price target is RM4.70, with selling expected at RM4.40. Failure to stay above RM4.00 could see the stock lower, with strong support seen at RM3.70.
Gadang may rebound after closing the highest in more than a month. A purchase can be made if it stays above RM0.62, with a close below RM0.60 as a stop-loss. The price target is RM0.77, should the recent high of RM0.70 be broken. The stock will likelytrade lower if it fails to stay above RM0.62, and downside risks will increase on a close below RM0.60.
Pantech should climb higher after posting a new 52-week high. A purchase can be made if it stays above RM0.715, with a close below yesterday’s low of RM0.695 as a stop-loss. The price target is RM0.875, with selling expected at RM0.80. Failure to stay above RM0.715 will likely see the stock trend sideways, with supports seen at RM0.67 and RM0.60.
LionCor may rebound if it closes above the RM0.30 resistance level. A purchase can be made if this happens, with a close below yesterday’s low of RM0.29 as a stop-loss. The price target is the prior high of RM0.40, with selling expected at RM0.35. The stock may decline if it fails to get above RM0.30, while supports are anticipated at RM0.26 and RM0.23.
Boilerm should continue to trade higher after posting a new all-time high. A purchase can be made if it stays above RM0.91, with a close below RM0.87 as a stop-loss. The price target is RM1.06, if the RM1.00 level is broken. Failure to stay above RM0.91 will likely see the stock trade sideways, with further support seen at RM0.85.
Sign may rebound after hitting a new 52-week high. A position can be initiated if it stays above RM0.80, with a close below last week’s low of RM0.76 as a stop-loss. The price target is RM1.10, with selling expected at RM0.95. Failure to stay above RM0.80 will likely see the stock move sideways, with further support seen at RM0.72.
Uzma should climb higher after posting a fresh 52-week high. A purchase can be made if it closes above RM1.60, with a close below RM1.50 as a stop-loss. The price target is RM1.95, with selling expected at RM1.80. Failure to stay above RM1.60 will see the stock continue sideways, with strong support anticipated at RM1.40.
Cypark may rise after closing at its highest in more than four months. A purchase can be made if it stays above RM1.70, with a close below RM1.65 as a stop-loss. The price target is the prior high of RM2.15, with selling expected at RM1.90. Failure to stay above RM1.70 should see the stock move sideways, with supports seen at RM1.50 and RM1.60.
Source: OSK
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