Trading Stocks - MYEG | Brahims | Protasco | Hartalega | Tek Seng | BIG

MYE.G.  Services  may  trend  higher  after  sustaining  above  the MYR2.09 level to touch the 50-day  SMA line in its latest session. A bullish bias may be present above this point, with a target price of MYR2.20,  followed  by  MYR2.33.  On  the  other  hand,  it  may  turn sideways if it dips back below the MYR2.09 mark. Support may be found at MYR1.98, where  traders can  exit upon a  breach to avoid the risk of a further correction

Brahims  may rebound further  after recovering above the MYR0.93level to touch the 50-day SMA line in its latest session. A bullish bias may  be  present  above  this  point,  with  a  target  price  of  MYR1.07. However,  it  may  drift  sideways  if  it  cannot  hold  above  the mentioned MYR0.93 mark. Support may then be found at MYR0.88, where traders can exit upon a breach.

Protasco  was  testing  the  MYR1.54  level  in  its  latest  session.  The stock  may  climb  further  if  it  breaches  this  point  in  the  near  term, with  a  target  price  of  MYR1.66.  On  the  other  hand,  it  may  turn sideways if the MYR1.54 mark cannot be surpassed. Support may be found at MYR1.46, where traders can exit upon a breach.

Hartalega  may soon test the MYR4.90 level after moving above the downtrend line. The stock may climb further if it breaches this point in  the  near  term,  with  a  target  price  of  MYR5.16,  followed  by MYR5.56.  Meanwhile,  it  may  move  sideways  if  the  MYR4.90  mark cannot  be  surpassed.  Support  may  be  found  at  MYR4.44  where traders can exit upon a breach.

Tek  Seng  was  testing  the  MYR1.14  level  after  touching  the  50-day SMA  line  in  its  latest  session.  The  stock  may  trend  upwards  if  it crosses  above  this  point  in  the  near  term,  with  a  target  price  of MYR1.28.  However,  it  may  turn  sideways  if  the  MYR1.14  mark cannot  be  surpassed.  Support  may  be  found  at  MYR1.04  where traders can exit upon a breach.

B.I.G. Industries was testing the MYR0.735  level in its latest session. The  stock  may  climb  further  if  it  breaches  this  point  in  the  near term, with a target  price of MYR0.795, followed by MYR0.865. On the  other  hand,  it  may  consolidate  further  if  the  MYR0.735  mark cannot  be  surpassed.  Support  may  be  found  at  MYR0.675,  where traders can exit upon a breach.