Sunday, April 5, 2015

Technical Analysis April 2015: PWROOT (7237)

POWER ROOT BERHAD

Observation from Chart:-

PWROOT (7237) succeed breakout RM1.78 resistance level?

How high will it go?

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

Immediate resistance @ RM1.91 level
Subsequent resistance @ RM2.00 level.

Immediate support @ RM1.78 level.
Subsequent support @ RM1.61 level.

Let's watch closely.

Thursday, March 26, 2015

Technical Analysis Mar 2015: OSK (5053)

OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) retest RM2.19 resistance level.

How about this round, will it succeed breakout?

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

Immediate support @ MA20 support level.
Subsequent support @ RM2.04 level.

Immediate resistance @ RM2.19 level
Subsequent resistance @ RM2.30 level.

Let's watch closely.

Monday, March 23, 2015

Technical Analysis Mar 2015: SUNWAY (5211)

SUNWAY HOLDING BERHAD 

Observation from chart:-

SUNWAY succeed breakout RM3.55 resistance level.

How high will it go?

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

It's historical high, no immediate resistance @ this level.
If retrace down, strong support @ RM3.55 level,
Subsequent support @ RM3.48 level.

Let's watch closely.

Saturday, March 14, 2015

Technical Analysis Mar 2015: IRCB (2127)

INTEGRATED RUBBER CORPORATION (2127) 

Observation from Chart:

IRCB forming higher high & higher low.

How high will it go?

Other indicator:
MACD trade @ positive region, uptrend itinerary
Stochastic %K trigger SELL call, pending confirmation.

Immediate resistance @ RM0.80 level.
Subsequent resistance @ RM0.83
level.

Immediate support @ RM0.76 level.
Subsequent support @ RM0.735 level.

Let's watch closely.

Technical Analysis Mar 2015: MRCB (1651)

MALAYSIAN RESOURCES CORP BHD 

Observation from Chart:

MRCB retest strong support, RM1.28 level.

Will it rebound?

Other indicator:
MACD moving toward positive region, uptrend itinerary
Stochastic %K trigger SELL call, pending confirmation.

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

Immediate support @ RM1.28 level.
Subsequent support @ RM1.06 level.

Let's watch closely.

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.