Tebrau should climb higher after closing at its the highest in more than five years. A purchase can be made as long as the stock stays above the psychological RM1.00, with a close below RM0.96 as stop-loss. The price target is a prior high of RM1.30, with resistance also expected at RM1.15. Failure to stay above RM1.00 could see the stock trade sideways, with strong support expected at RM0.90.
Lafarge should continue higher after printing a new all-time high. A position can be initiated if the stock stays above RM10.00, with a close below RM9.80 as a stop-loss. The price target is RM12.50, with resistance seen at RM11.30. Failure to stay above RM10.00 should see the stock trend sideways, with supports lying at RM9.60 and RM9.10.