Saturday, April 19, 2014

Technical Analysis Apr 2014: MPAY (0156)

MANAGEPAY SYSTEMS BERHAD (0156)

Observation from Chart:-  

MPAY (0156) retest RM0.34 resistance level. 

Will it breakout & go higher?

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

Immediate support @ MA20 level.
Subsequent support @ MA50 level.

Immediate resistance @ RM0.34 level.
Once breakout RM0.34 level, higher high been form, potential kick off another wave of bull run.

Let's watch closely

Wednesday, April 16, 2014

Technical Analysis Apr 2014: DSONIC (5216)

DATASONIC GROUP BERHAD 

Observation from Chart:-

DSONIC (5216) retrace down from RM4.84 high & retest MA100 support level...

Will it rebound from MA100 level?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K still on SELL call.

Immediate support @ MA100 level.
Subsequent support @ MA200 level.

Immediate resistance @ MA50 level.
Subsequent resistance @ MA20 level.

Let's watch closely.

Saturday, April 12, 2014

Technical Analysis Apr 2014: MRCB (1651)

MALAYSIAN RESOURCES CORP BHD 

Observation from Chart:

MRCB forming ascending triangle pattern.
Will it breakout RM1.65 resistance?

Other indicator:
MACD trade at positive region, uptrend itinerary
Stochastic %K no BUY call yet..

Immediate resistance @ RM1.65 level.
Subsequent resistance @ RM1.80 level.

Immediate support @ MA20 level.
Subsequent support @ MA50 level.

Let's watch closely.

Technical Analysis Apr 2014: N2N (0108)

N2N CONNECT BHD

Observation from Chart:-

N2N keep on retest RM0.85 resistance level.

Will it breakout this strong resistance?

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

If able breakout RM0.85, higher high is confirmed, the uptrend will resume

If retrace down,
Immediate support @ MA20 level.
Subsequent support @ MA50 level.

Let's watch closely.

Saturday, April 5, 2014

Technical Analysis Apr 2014: HAPSENG (3034)

HAP SENG CONSOLIDATED BERHAD 

Observation from Chart:-

HAPSENG succeed breakout bolinger band squeeze.

How high will it go?

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

If able form higher high & higher low, the uptrend will resume

If retrace down,
Immediate support @ RM3.04 level.
Subsequent support @ RM3.00 level.

Let's watch closely.

Technical Analysis Apr 2014: HUAYANG (5062)

HUA YANG BERHAD

Observation from Chart:-

HUAYANG (5062) been trading sideway quite sometimes & formed bolinger band squeeze.

Will it breakout the bolinger band squeeze?

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

Immediate resistance @ RM1.88 level.
Subsequent resistance @ MA100

Immediate support @ MA20 / MA50 level.
Subsequent support @ RM1.75 level.

Let watch closely...

Monday, March 31, 2014

Technical Analysis Mar 2014: MPAY (0156)

MANAGEPAY SYSTEMS BERHAD (0156)

Observation from Chart:-  

MPAY (0156) keep on retest RM0.27 resistance level. 

Will it breakout & go higher?

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

Immediate support @ MA20 level.
Subsequent support @ RM0.245 level.

Immediate resistance @ RM0.27 level.
Once breakout RM0.27, higher high been form, potential kick off another wave of bull run.

Let's watch closely

Saturday, March 29, 2014

Technical Analysis Mar 2014: BARAKAH (7251)

BARAKAH OFFSHORE PETROLEUM BHD (7251) 

Observation from Chart:-  

BARAKAH (7251) break RM1.50 strong support level? 
How low will it go?

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

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

Immediate resistance @ RM1.50 level.
Subsequent resistance @ MA20 level.

Let's watch closely

Monday, March 24, 2014

Technical Analysis Mar 2014: TOPGLOVE (7113)

TOP GLOVE CORPORATION BERHAD Observation from chart:

TOPGLOVE hugging bolinger lower band go lower low.

How low will it go?

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

High potential it might retrace down to RM4.62 support level.
Due to oversold, it might be technical rebound soon.
Immediate resistance @ RM5.00 level.

Let's watch closely...

Saturday, March 22, 2014

Technical Analysis Mar 2014: HOVID (7213)

HOVID BHD


Observation from Chart:

HOVID forming bolinger band squeeze....

When will it breakout the squeeze?

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

Immediate support @ RM0.33
Subsequent support @ RM0.30 level.

Immediate resistance @ MA20 / MA50 level
Subsequent resistance @ RM0.36 level.

Let watch closely...