Pantech’s rebound may resume if it holds above the 50-day MAV line. A purchase can be made if it closes above RM0.725, with a close below RM0.715 as a stop-loss. The price target is RM0.865, if the recent high of RM0.80 is violated. Failure to stay above RM0.715 could see the stock trade lower, with supports anticipated at RM0.69 and RM0.665.
Apex Healthcare’s rally may resume after the three-month resistance of RM3.80 was violated. A purchase can be made above RM3.80, with a close below RM3.65 as a stop-loss. The price targets are RM4.20 and RM4.50. Failure to stay above RM3.80 could likely see the stock trade sideways, with support anticipated at RM3.60 and a stronger one at RM3.50.
KSK may decline further after closing at its lowest in over six months. A trader can liquidate as long as the stock stays below RM0.60, with supports anticipated at RM0.55 and RM0.525. An upside bias may return if the stock closes above January’s high of RM0.625. Resistance levels are anticipated at RM0.65 and RM0.70.
Vitrox may rise if it breaks above the nine-month resistance of RM0.72. A purchase can be made if the stock closes above RM0.72, with a close below RM0.68 as a stop-loss. The price target is the prior high of RM0.875, with selling expected at RM0.80. Failure to break above RM0.72 will likely see the stock trade sideways, with support seen at RM0.64, followed by a stronger one at RM0.60.
Ann Joo may fall further after closing at its lowest in more than a year. A trader may decide to liquidate if the stock closes below RM1.30, while supports are expected at RM1.20 and RM1.15. However, the stock could make a rebound if it fails to break below RM1.30, with strong resistance expected at RM1.40.
Borneo Aqua may decline after forming two consecutive weak candles. A trader may opt to liquidate if the stock closes below RM0.90, while supports are anticipated at RM0.85 and RM0.80. Buying could return quickly if the stock fails to break below RM0.90, but expect strong resistance at RM1.00.
Berjaya Corp may fall further after posting a 52-week low. Traders may opt to liquidate if the the stock closes below RM0.535, while supports are anticipated at the psychological RM0.50 and RM0.48. Buying may return if the stock fails to break below RM0.535 and resistance levels are expected at RM0.57 and RM0.60.
Astro could decline if it stays below the RM2.80 resistance level. A liquidation can be made as long as the stock stays below RM2.80, while supports are anticipated at RM2.70 and RM2.60. Buying could make a comeback if the stock closes above RM2.80. The resistance levels are seen at RM2.90 and a stronger one is at RM3.00.
Source: OSK
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