Monday, September 26, 2016

Technical Analysis Sept 2016: BJTOTO (1562)


BERJAYA SPORTS TOTO BERHAD 

Observation from Chart:-

BJTOTO succeed breakout RM3.40 resistance level.

How high will it go?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K @ on buy call itinerary.

Immediate support @ RM3.40 level.
Subsequent support @ RM3.35 level.

Immediate resistance @ RM3.50 level.
Subsequent resistance @ RM3.56 level.

Let's watch closely.

Wednesday, September 21, 2016

Pre-GE14: Technical Outlook of GAMUDA (5398)


GAMUDA BERHAD (5398) 

Observation from Chart:

GAMUDA forming bolinger band squeeze.

Will it breakout & go higher?

Flash back, Pre & Post GE13 GAMUDA history,
Stage 1, Bolinger band squeeze
Stage 2, Breakout & higher high, higher low
Stage 3, Gap up after election


How do you think on upcoming Pre & Post GE14 ?

Let's watch closely.

Sunday, September 18, 2016

Technical Analysis Sept 2016: YONGTAI (7066)



YONG TAI BHD (7066) 

Observation from Chart:-

YONGTAI (7066) forming symmetrical triangle pattern.

When will it breakout ?

Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.

Immediate resistsnce @ RM1.12 level.
subsequent resistance @ RM1.14 level.

Immediate support @ RM1.07 level.
Subsequent support @ RM1.04 level.

Let's watch closely.

Technical Analysis Sept 2016: YEELEE (5584)


YEE LEE CORPORATION BHD (5584) 

Observation from Chart:-

YEELEE forming lower high & lower low.

How low will it go?

Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K at SELL call itinerary.

Immediate support @ RM2.24 level.
Subsequent support @ RM2.19 level.

Immediate resistance @ RM2.28 level.
Subsequent resistance @ RM2.35 level
.
Lower low been confirmed, it's on downtrend.

Let's watch closely.

Thursday, September 15, 2016

Technical Analysis Sept 2016: GAMUDA (5398)


GAMUDA BERHAD (5398) 

Observation from Chart:

GAMUDA forming ascending triangle pattern.

Will it break through the strong resistance?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM4.91 level.
Subsequent resistance @ RM5.00 level.

Immediate support @ RM4.81 level.
Subsequent support @ RM4.76 level.

Let's watch closely.

Wednesday, September 14, 2016

Technical Analysis Sept 2016: MITRA (9571)


MITRAJAYA HOLDINGS BERHAD

Observation From Chart:

MITRA is forming higher high & higher low.

How about this round, will it break RM1.45 resistance?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K on SELL call itinerary.

Immediate resistance @ RM1.45 level.
Subsequent resistance @ RM1.50 level.

Immediate support @ RM1.40 level.
Subsequent support RM1.35 level.

Once breakout RM1.45 resistance, higher high is confirm.
Uptrend will resume.

Fundamental Outlook of MITRA
Source: http://www.mitrajaya.com.my/

Let's watch closely.

Sunday, September 11, 2016

Technical Analysis Sept 2016: PRESBHD (5204)


PRESTARIANG BERHAD

Observation from Chart:-

PRESBHD rebound from uptrend support level.

Will it retest the uptrend resistance level which is approx RM3.60 level ?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM2.24 level.
Subsequent resistance @ RM2.33 level.

Immediate support @ RM2.14 level.
Subsequent support @ RM2.08 level.

Let's watch closely.

Wednesday, September 7, 2016

Technical Analysis Sept 2016: BURSA (1818)


BURSA MALAYSIA BERHAD 

Observation from Chart:-

BURSA rebound at support level.

Will it retest the resistance level ?

Other indicator:-
MACD at negative region, it is downtrend itinerary.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM9.00 level.
Subsequent resistance @ RM9.30 level.

Immediate support @ RM8.70 level.
Subsequent support @ RM8.65 level.

If market sentiment remain bullish momentum, high potential BURSA will retest uptrend resistance level.

Let's watch closely.

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Tuesday, September 6, 2016

Technical Analysis Sept 2016: MYEG (0138)


MY E.G. SERVICES BHD (0138)

Observation From Chart:-

MYEG succeed breakout RM2.14 resistance level.

Will it retest & breakout next resistance RM2.34 level ?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call.

Immediate support @ RM2.14 level.
Subsequent support @ RM2.10 level.

Immediate resistance @ RM2.25 level.
Subsequent resistance @ RM2.30 level.

Positive news on MYEG:-
29 August 2016 , MYEG proposed one (1) Bonus Share for every two (2) existing MYEG Shares held on an entitlement date to be determined later ("Proposed Bonus Issue").

For more info, pls refer http://www.bursamalaysia.com/

Based on pass history, bonus issue held on Oct / Dec.

Upcoming budget 2017 & upcoming dividend also potential boost the share price..

Let's watch closely.

Monday, September 5, 2016

Technical Analysis Sept 2016: KRONO (0176)


KRONOLOGI ASIA BERHAD (0176) 

Observation from Chart:

KRONO (0176) succeed formed higher high & higher low

How high will it go?

Other indicator:-
MACD trade at positive region.
Stochastic %K trigger BUY call, pending confirmation.

Immediate resistance @ RM0.24 level.
Subsequent resistance @ RM0.245 level.

Immediate support @ RM0.235 level
Subsequent support @ RM0.23 level.

Let watch closely...