Tuesday, September 17, 2019

Technical Analysis Sept 2019: DUFU (7233)



DUFU TECHNOLOGY CORP. BHD 

Observation from Chart:-

DUFU rebound from strong support level.

Will it retest RM2.67 resistance level?

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

Immediate support @ RM2.08 level.
Subsequent support @ RM1.97 level.

Immediate resistance @ RM2.53 level.
Subsequent resistance @ RM2.67 level .

Do check out Technical Analysis Aug 2019: DUFU

Let's watch closely.

Monday, August 26, 2019

Technical Analysis Aug 2019: REDTONE (0032)



REDTONE INTERNATIONAL BERHAD 

Observation from Chart:-

REDTONE retest RM0.405 strong resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM0.405 level.
Subsequent resistance @ RM0.44 level.

Immediate support @ RM0.37 level.
Subsequent support @ RM0.335 level.

Let's watch closely.

Wednesday, August 21, 2019

Technical Analysis Aug 2019: DUFU (7233)



DUFU TECHNOLOGY CORP. BHD 

Observation from Chart:-

DUFU forming double bottom @ RM1.41 level.

Will it form "W" pattern?

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

Immediate support @ RM2.04 level.
Subsequent support @ RM1.90 level.

Immediate resistance @ RM2.30 level.
Subsequent resistance @ RM2.45 level .

Let's watch closely.

Saturday, August 17, 2019

Technical Analysis Aug 2019: DRBHCOM (1619)


DRB-HICOM BERHAD 

Observation from Chart:-

DRBHCOM retest @ RM2.72 resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM2.72 level.
If breakout, higher high is confirm. Uptrend will resume.

Immediate support @ RM2.56 level.
Subsequent support @ RM2.38 level.

Let's watch closely.

Technical Analysis Aug 2019: OSK (5053)



OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) forming "M" pattern @ RM0.835 support level ?

Will it retest & rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K pending trigger BUY call.

Immediate resistance @ RM0.96 level
Subsequent resistance @ RM1.00 level.

Immediate support @ RM0.835 level.
However, if break the support, lower low is confirm. Downtrend will resume.

Let's watch closely.

Technical Analysis Aug 2019: GENTING (3182)


GENTING BERHAD 

Observation from Chart:-

GENTING retest RM5.91 support level ?

Will it rebound @ this strong support?

Other indicator:-
MACD at negative region, downtrend itinerary.
Stochastic %K pending trigger BUY call.

Immediate resistance @ RM6.25 level.
Subsequent resistance @ RM6.50 level.

Immediate support @ RM5.91 level.
If break this strong support, lower low is confirm. Downtrend will resume.

Let's watch closely.

Sunday, August 11, 2019

Technical Analysis Aug 2019: HAIO (7668)


HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO forming lower high & lower low.

How low will it go?

Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K trigger SELL call, pending confirmation.

Immediate resistance @ RM2.20 level.
Subsequent resistance @ RM2.25 level.

Immediate support @ RM2,14 level.
Subsequent support @ RM2.02 level.

Let's watch closely.

Saturday, July 27, 2019

Technical Analysis July 2019: TGUAN (7034)



THONG GUAN INDUSTRIES BERHAD 

Observation:

TGUAN (7034) forming higher high & higher low.

Will it swing toward strong resistance level, RM2.85 ?

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

Immediate resistance @ RM2.65 level
Subsequent resistance @ RM2.70 level

Immediate support @ RM2.52 level
Subsequent support @ RM2.50 level

Let's watch closely.

Technical Analysis July 2019: QL (7084)



QL RESOURCES BERHAD 

Observation from Chart:-

QL (7084) forming bolinger band squeeze within RM6.57 & RM7.01

When will it breakout?

Other indicator:-
MACD trade at nominal region
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM7.01 level
Subsequent resistance @ RM7.50 level

Immediate support @ RM6.57 level
Subsequent support @ RM6.08 level

Let's watch closely.

Technical Analysis July 2019: BURSA (1818)



BURSA MALAYSIA BERHAD 

Observation from Chart:-

BURSA retest RM6.79 support level.

Will it rebound or retest next support?

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

Immediate resistance @ RM7.00 level.
Subsequent resistance @ RM7.10 level.

Immediate support @ RM6.79 level.
Subsequent support @ RM6.50 level.

Let's watch closely.