Tuesday, July 19, 2016

Technical Analysis July 2016: DUFU (7233)


DUFU TECHNOLOGY CORP. BHD 

Observation from Chart:-

DUFU forming higher high & higher low.

How high will it go?

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

Immediate support @ RM0.645 level.
Subsequent support @ RM0.63 which is around MA20 level.

Immediate resistance @ RM0.68 level.
Subsequent resistance @ RM0.70 level .

Insider been disposed the share @ RM0.66 level
For more info, pls refer BursaMalaysia website.



Let's watch closely.

Technical Analysis July 2016: BJCORP (3395)

BERJAYA CORPORATION BERHAD

Observation from Chart:-

BJCORP forming two kind of pattern.
1. Period of 1 Quarter chart: descending triangle pattern.
2. Period of 1 year chart: bolinger band squeeze pattern (resistance @ RM0.44, support @ RM0.34)

Will it breakout the descending triangle resistance?

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

Immediate resistance @ RM0.37 which is descending triangle line
Subsequent resistance @ RM0.385 level.

Immediate support @ MA20 which is RM0.355 level.
Subsequent support @ RM0.35 level.

From fundamental point of view,
BJCORP succeed launch lottery at Vietnam
Source: http://www.nst.com.my/

Approx next 4months, Digit game will be launch
Source: http://www.chinapress.com.my/

Let's watch closely BJCORP next few quarter report card.

Sunday, July 17, 2016

Technical Analysis July 2016: PADINI (7052)


PADINI HOLDINGS BHD 

Observation from Chart:-

PADINI retest uptrend resistance level.

Will it break the resistance level?

Other indicator:-
MACD trade at positive region, uptrend stock.
Stochastic %K already at overbought stage.

Immediate resistance @ uptrend resistance level.

Immediate support @ RM2.45 level.
Subsequent support @ RM2.36 level.

Let's watch closely.

Saturday, July 16, 2016

Technical Analysis July 2016: MAGNUM (3859)

MAGNUM BERHAD 

Observation from Chart:-

MAGNUM formed double bottom @ RM2.19 level & retest MA200 resistance level (+11%).

Will it breakout & go higher?

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

Due to overbought, most likely it will retrace down or consolidate sideway.
Immediate support @ MA100 which is around RM2.37 level.
Subsequent support @ RM2.33 level.

Immediate resistance @ MA200 level
Subsequent resistance @ RM2.50 level.

Let's watch closely...

Wednesday, July 13, 2016

Technical Analysis July 2016: UOADEV (5200)


UOA DEVELOPMENT BHD 

Observation from chart:-

UOADEV retest RM2.19 resistance level.

Will it breakout & go higher ?

Other indicator:-
MACD trading @ positive region, uptrend sign.
Stochastic %K trigger BUY call.

Immediate resistance @ RM2.19 level.
Immediate support @ RM2.15 level.
Subsequent support @ RM2.13 level.

If breakout RM2.19 resistance, another new high record been form.
It might be kickoff another wave of uptrend.

Let's watch closely.

Technical Analysis July 2016: LKL (0182)


LKL INTERNATIONAL BERHAD (0182) 

Observation From Chart:

LKL consolidate side way.

Will it breakout & go higher?

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

Immediate resistance @ RM0.29 level.
Subsequent resistance @ RM0.305 level.

Immediate support @ RM0.28 level.
Subsequent support @ RM0.26 level.

Insider accumulate the share @ RM0.28
Source: http://www.bursamalaysia.com/ 

Let's watch closely.

Tuesday, July 12, 2016

Technical Analysis July 2016: HAIO (7668)


HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO formed 3rd gap up.

Will it be follow "gap up then side way" trend?

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

Immediate resistance @ RM2.93 level.
Subsequent resistance @ RM3.00 level.

Immediate support @ RM2.88 level.
Subsequent support @ RM2.86 level.

Will HAIO market capital moving toward yr 2018 mission?
Source: http://www.sinchew.com.my/

Let's watch closely.

Sunday, July 10, 2016

Technical Analysis July 2016: SCGM (7247)


SCGM BHD 

Observation from Chart:-

SCGM (7247) is forming symmetrical triangle pattern.

When will it breakout?

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

Immediate resistance @ RM3.60 level.
Subsequent resistance @ RM3.65 level.

Immediate support @ RM3.40 level.
Subsequent support @ RM3.25 level.

Referring SCGM Dividend History,
2cent Interim Dividend ex-date on 11 July 2016,.

Source:www.malaysiastock.biz

Let's watch closely.

Technical Analysis July 2016: OPENSYS (0040)


OPENSYS (M) BHD 

Observation from Chart:-

OPENSYS (0040) is consolidate sideway (within RM0.27 & RM0.315 range) since Oct 2015.

When will it breakout?

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

Immediate resistance @ RM0.315 level.
Subsequent resistance @ RM0.325 level.

Immediate support @ RM0.27 level.
Subsequent support @ RM0.26 level.

Upcoming Q2 result will be announced on August 2016.

Let's watch closely.

Saturday, July 9, 2016

Technical Analysis July 2016: MALAKOF (5264)


MALAKOFF CORPORATION BERHAD (5264) 

Observation from Chart:-

MALAKOF is forming bolinger band squeeze.

When will it breakout?

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

Immediate resistance @ RM1.63 level.
Subsequent resistance @ RM1.67 level.

Immediate support @ RM1.55 level.
Subsequent support @ RM1.57 level.

Upcoming Q2 result will be announced on August 2016.

Let's watch closely.