Monday, February 20, 2017

Technical Analysis Feb 2017: DNEX (4456)


DAGANG NEXCHANGE BERHAD 

Observation from Chart:-

DNEX (4456) succeed breakout ascending triangle pattern.

How high will it go?

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

Immediate resistance @ RM0.34 level.

Immediate support @ RM0.30 level.
Subsequent support @ RM0.27 level.

Let's watch closely.

Wednesday, February 15, 2017

Technical Analysis Feb 2017: EG (8907)


EG INDUSTRIES BERHAD 

Observation from Chart:-

EG (8907) succeed breakout bolinger band squeeze

How high will it go?

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

Immediate resistance @ RM1.26 level.
Subsequent resistance @ RM1.36 level.

Immediate support @ RM0.91 level.
Subsequent support @ RM0.815 level.

Last round, EG breakout bolinger band squeeze, from RM0.615 to RM1.26 high (Total 106.6% in 3month duration)

If this round, EG also hit 100%, the share price will go to RM1.82 level
If this round EG hit 50%, the share price will go to RM1.36 level.

This projection is purely based on Technical Analysis, pls refer our DISCLAIMER.

Let's watch closely.

Saturday, February 11, 2017

Technical Analysis Feb 2017: PUNCAK (6807)


PUNCAK NIAGA HOLDINGS BHD

Observation from Chart:-

PUNCAK (6807) is forming higher high & higher low. 

How high will it go?

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

Immediate resistance @ RM1.045 level.
Subsequent resistance @ RM1.09 level.

Immediate support @ RM1.00 level.
Strong support @ RM0.94 level.

Let's watch closely.

Friday, February 10, 2017

Technical Analysis Feb 2017: BRAHIMS (9474)


BRAHIM'S HOLDINGS BERHAD 

Observation from chart:-

BRAHIMS (9474) succeed breakout downtrend resistance level.

How high will it go?

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

Immediate support @ RM0.68 level.
Subsequent support @ RM0.65 level.

Immediate resistance @ RM0.73 level.
Subsequent resistance @ RM0.755 level.

Let's watch closely upcoming quarter result.

Thursday, February 9, 2017

Technical Analysis Feb 2017: INARI (0166)



INARI AMERTRON BERHAD

Observation from chart:-

INARI forming higher & higher low.

How high will it go?

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

Immediate support @ RM1.74 level.
Subsequent support @ RM1.63 level.

Immediate resistance @ RM1.83 level.
Subsequent resistance @ RM1.98 level.

Let's watch closely upcoming quarter result.

Wednesday, February 8, 2017

Technical Analysis Feb 2017: DRBHCOM (1619)


DRB-HICOM BERHAD 

Observation from Chart:-

DRBHCOM forming BIG ascending triangle?

Will it retest RM1.535 resistance level?

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

Immediate resistance @ RM1.35 level.
Subsequent resistance @ RM1.42 level.

Immediate support @ RM1.23 level.
Subsequent support @ RM1.09 level.

Positive news on DRBHCOM that potential boost DRBHCOM share price movement
Source: http://www.orientaldaily.com.my/
Source: http://www.kwongwah.com.my/

Let's watch closely.

Monday, February 6, 2017

Technical Analysis Feb 2017: GBGAQRS (5226)


GABUNGAN AQRS BERHAD (5226) 

Observation from Chart: 

GBGAQRS (5226) forming higher high & higher low.

How high will it go?

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

Immediate resistance @ RM1.02 level.
Subsequent resistance @ RM1.07 level.

Immediate support @ RM0.985 level.
Subsequent support @ RM0.95 level.

MIDF research house comment on GBGAQRS
Source: http://www.sinchew.com.my/
Source: http://www.thestar.com.my/

Let's watch closely.

Sunday, February 5, 2017

Technical Analysis Feb 2017: POS (4634)


POS MALAYSIA BHD (4634) 

Observation From Chart:

POS consolidate sideway & forming bolinger band squeeze

Will it breakout resistance?

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

Immediate resistance @ RM4.14 level.
Subsequent resistance @ RM4.44 level.

Immediate support @ RM3.80 level,
Subsequent support @ RM3.65 level.

Let's watch closely upcoming quater result & dividend announcement.

Saturday, February 4, 2017

Technical Analysis Feb 2017: TNLOGIS (8397)


TIONG NAM LOGISTICS HOLDINGS BERHAD 

Observation from Chart:-

TNLOGIS (8397) succeed breakout bolinger band squeeze resistance.

How high will it go?

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

Immediate resistance @ RM1.72 level.
Subsequent resistance @ RM1.75 level.

Immediate support @ RM1.62 level.
Subsequent support @ RM1.54 level.

Let's watch closely.

Sunday, January 8, 2017

Technical Analysis Jan 2017: TADMAX (4022)


TADMAX RESOURCES BERHAD 

Observation from Chart:-

TADMAX (4022) succeed breakout symmetrical triangle resistance.

How high will it go?

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

Immediate resistance @ RM0.40 level.
Subsequent resistance @ RM0.415 level.

Immediate support @ RM0.39 level.
Subsequent support @ RM0.375 level.

Let's watch closely.