YOCB Daily Chart
YOCB (5159) has undergone a consolidation phase for a period of time end of Aug 2016 with very little volume traded.
However, a notable increased in trading volume with a full bar was detected in the latest session with closing price at MYR1.17.
Should the bull start the engine in the coming trading days, YOCB would move higher with target prices to meet are the Fibonacci Retracement level as drawn.
KERJAYA Daily Chart
KERJAYA (7161) undergoes a correction period after making the historical high of on 26/7/2016, however it was well supported by the 65-days Moving Average (indicated by arrows), where the latest price was closed just nice above the MA65 during the session ended although it was traded below this line before that.
If the MA65 is supports effectively, foresee KERJAYA would try to break above the downtrend line and heading to test the resistance level of MYR2.42 and the historical high level of MYR2.53.
SKPRES Daily Chart
SKPRES (7155) reached the Fibonacci Extension level of 150% and retreated from this level on 21/9/2016 making a correction until the latest session where a full bar was seen and closed above the middle Bollinger Band (10-days Moving Average) although the traded volume is not obvious increased.
If the bullish momentum starts in the coming trading days, moving towards MYR1.38 is the nearest target SKPRES would to test decisively.
Good luck and happy trading!
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