Wednesday, September 17, 2014

Technical Analysis Sept 2014: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO retest ascending triangle resistance.

Will it breakout the resistance?

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

Immediate resistance @ RM2.72 level.
Subsequent resistance @ RM2.74 level.

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

HAIO keep on perform Share Buy Back, till today Cumulative net outstanding treasury shares as at to-date is 3.3% of outstanding shares of the listed issuer.

Based on pass history, HAIO do distribute treasury shares as bonus issue.
So, how do you think about this round?

Pass history on HAIO dividend.
http://www.hai-o.com.my/dividend.php

Do watch out upcoming AGM, perhaps will announce some good news conjunction HAIO 40th Anniversary. 

Let's watch closely.

Monday, September 15, 2014

Technical Analysis Sept 2014: FGV (5222)

FELDA GLOBAL VENTURES HLDG BHD 

Observation From Chart:

FGV forming lower high & lower low.

How low will it go?

Other indicator:-
MACD trade @ negative region, downtrend sign. 
Stochastic %K oversold stage.

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

Immediate support @ RM3.50 level.
Subsequent support @ RM3.00 level.

Let's watch closely for technical rebound
.

Wednesday, September 10, 2014

Technical Analysis Sept 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX rebound from MA20/ MA50 support level. 

Will it breakout MA100 resistance level?

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

Immediate resistance @ MA100 level.
Subsequent resistance @ RM2.42 level.

Immediate support @ MA20/MA50 level.
Subsequent support @ RM2.17 level.

Enterovirus & EBOLA theme might boost up glove sector bull run.

Source:
http://www.cnn.com/2014/09/09/health/enterovirus-clusters/ http://www.washingtonpost.com/news/to-your-health/wp/2014/09/10/this-is-how-people-are-being-warned-about-the-ebola-epidemic-in-west-africa/

 Let's watch closely ...

Tuesday, September 2, 2014

Technical Analysis Sept 2014: ULICORP (7133)

UNITED U-LI CORPORATION BHD (7133) 

Observation from Chart:-

ULICORP (7133) retrace down retest RM1.70 bolinger band support level.

Will it rebound?

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

Immediate support @ RM1.71 level.
Subsequent support @ RM1.63 level.

Immediate resistance @ MA20 level.
Subsequent resistance @ RM1.83 level.

Let's watch closely.

Saturday, August 30, 2014

Technical Analysis Aug 2014: IRIS (0010)

IRIS CORPORATION BHD 

Observation from Chart:-

IRIS (0010) is forming reversal candlestick ...

Will it rebound?

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

Immediate resistance @ RM0.41 level.
Subsequent resistance @ MA20/MA50 level.

Immediate support @ RM0.36 level.
Subsequent support @ RM0.33 level.

On 29 Aug 2014, IRIS announced below market expectation Q1 result & causing the sell off...

Let watch closely for rebound.

Thursday, August 28, 2014

Technical Analysis Aug 2014: PADINI (7052)

PADINI HOLDINGS BHD 

Observation from Chart:-

PADINI retest RM1.87 support level.

Will it rebound ? Or break the support level?

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

Immediate support @ RM1.87 level. Once it break the strong support, it might be high selling pressure.

Immediate resistance @ RM1.92 level.
Subsequent resistance @ MA20 / MA50 level, which is RM1.95 level.

Let's watch closely.

Sunday, August 24, 2014

Technical Analysis Aug 2014: MMCCORP (2194)

MMC CORPORATION BERHAD 

Observation From Chart:-

MMCCORP retest RM2.33 support level. 

Will it rebound?

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

It might be consolidate sideway.
If rebound, immediate resistance @ MA20 which is RM2.45 level.
Subsequent resistance @ MA50 which is RM2.51 level.

Immediate support @ RM2.33
Subsequent support @ RM2.25

Let's watch closely.

Thursday, August 21, 2014

Technical Analysis Aug 2014: ULICORP (7133)

UNITED U-LI CORPORATION BHD (7133) 

Observation from Chart:-

ULICORP (7133) retrace down retest RM1.71 bolinger band support level.

Will it rebound?

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

Immediate support @ RM1.71 level.
Subsequent support @ RM1.63 level.

Immediate resistance @ MA20 level.
Subsequent resistance @ RM1.81 level.

DO watch out upcoming quarter result, which will announce next week.
Perhaps the result above expectation, it might breakout the band & go higher.

Let's watch closely.

Sunday, August 17, 2014

Technical Analysis Aug 2014: OSK (5053)

OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) forming higher high.

How high will it go?

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

Due to overbought, it's opportunity if retrace down to RM2.30 support level.
Subsequent support @MA20 level.

Let's watch closely.

Saturday, August 9, 2014

Technical Analysis Aug 2014: MAS (3786)

MALAYSIAN AIRLINE SYSTEM BERHAD

Observation from Chart:

MAS forming ascending triangle pattern.

Will it breakout RM0.25 resistance level?

Other indicator:-
MACD at positivie region, uptrend sign.
Stochastics %K indicator, on BUY call itinerary.

Khazanah to cough out 1.4b ringgit to privatise MAS, offers 27 sen/shr
Source: http://www.businesstimes.com.sg/breaking-news/asia/khazanah-offers-27-sen-share-mas-20140808

As the privatize news & offer price been announced, most likely it will be trade around the offer price range.

Let's watch closely...