Saturday, February 28, 2015

Technical Analysis Mar 2015: ICON (5255)

ICON OFFSHORE BERHAD (5255) 

Observation from Chart:-

ICON consolidate side way.

Will it breakout RM0.88 resistance & go higher?

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

Immediate resistance @ RM0.88 level.
Subsequent resistance @ RM0.99 level.

Immediate support @ RM0.745 level.
Subsequent support @ RM0.61 level.

Let's watch closely

Technical Analysis Feb 2015: OCK (0172)

OCK GROUP BERHAD

Observation from Chart:-

OCK succeed breakout RM0.905 resistance level.

How high will it go?

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

Immediate resistance @ RM1.00 level.
Subsequent resistance @ RM1.05 level.

Immediate support @ RM0.905
Subsequent support @ MA20

Let's watch closely
.

Saturday, February 7, 2015

Technical Analysis Feb 2015: OSK (5053)

OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) formed 3 white soldiers.

How high will it go?

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

Due to overbought, it's opportunity if retrace down to RM2.03 support level.
Subsequent support @ RM2.00 level.

Immediate resistance @ RM2.17 level
Subsequent resistance @ RM2.30 level.

Let's watch closely.

Thursday, February 5, 2015

Technical Analysis Feb 2015: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX forming ascending triangle pattern.

Will it breakout ascending triangle resistance?

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

Immediate resistance @ upper level of ascending triangle.
Subsequent resistance @ RM2.37 level.

Immediate support @ RM2.20 level.
Subsequent support @ RM2.15 level.

Let's watch closely ...

Technical Analysis Feb 2015: PERISAI (0047)

PERISAI PETROLEUM TEKNOLOGI BHD 

Observation from Chart:-

PERISAI forming bolinger band squeeze.

When will it breakout?

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

If able breakout RM0.52 resistance, it might nice.
Else, it might be consolidate side way.

If break RM0.38 support level, it might be another wave of downtrend.

Let's watch closely.

Saturday, January 24, 2015

Technical Analysis Jan 2015: MAYBANK (1155)

MALAYAN BANKING BERHAD 

Observation from Chart:-

MAYBANK retest strong divergence resistance.

How about this round? Will it succeed breakout?

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

Immediate support @ RM8.50 support level.
Subsequent support @ RM8.38 level.

Immediate resistance @ MA50, which is around RM9.00 level.
Subsequent resistance @ RM9.25 level.

Let's watch closely......

Friday, January 16, 2015

Technical Analysis Jan 2015: ARMADA (5210)

BUMI ARMADA BERHAD

Observation from Chart:-

ARMADA forming ascending triangle pattern.

Will it breakout RM1.22 resistance level?

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

Immediate support MA20 support level.
Immediate resistance @ RM1.22 level.
Subsequent resistance @ RM1.28 level.

Let's watch closely......

Wednesday, January 14, 2015

Technical Analysis Jan 2015: TENAGA (5347)

TENAGA NASIONAL BHD 

Observation from Chart:-

TENAGA retest RM14.54 resistance level again.

How about this round? Will it breakout?

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

Immediate support @ RM14.00 level.
Subsequent support @ RM13.64 level.

Immediate resistance @ RM14.54 level.

Let's watch closely.

Tuesday, January 13, 2015

Technical Analysis Jan 2015: AIRASIA (5099)

AIRASIA BERHAD 

Observation from Chart:

AIRASIA (5099) retrace RM2.75 resistance level.

Will it breakout & close the earlier gap down ?

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

Immediate resistance @ RM2.75 level.
Subsequent resistance @ RM2.80 level.

Immediate support @ RM2.48 level.
Subsequent support @ RM2.38 level.

Let's watch closely.

Tuesday, January 6, 2015

Technical Analysis Jan 2015: YTLPOWR (6742)

YTL POWER INTERNATIONAL BHD 

Observation from Chart:-

YTLPOWER forming lower high & lower low.

WIll it retest RM1.42 support level again?

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

Immediate resistance @ RM1.49 level
Subsequent resistance @ 1.53 level.

Immediate support @ RM1.46 level.
Subsequent support @ RM1.42 level.

It would be an opportunity, if able form a reversal @ support level.

Let's watch closely.