Tuesday, July 22, 2014

Technical Analysis July 2014: KPJ (5878)

KPJ HEALTHCARE BERHAD

Observation from Chart:-

KPJ consolidate sideway @ RM3.49 till RM3.63 level.

How low will it consolidate?

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

Since already break down MA200, it might be facing high selling pressure...
If rebound, may look for immediate resistance.

Immediate support @ RM3.49, which is MA20 level.
Subsequent support @ RM3.38, which is MA50 level

Immediate resistance @ RM3.63 level.
Subsequent resistance @ RM3,86

Let's watch closely.

Saturday, July 19, 2014

Technical Analysis July 2014: REDTONE (0032)

REDTONE INTERNATIONAL BERHAD
Observation from Chart:-

REDTONE been trading sideway since end of March & forming bolinger band squeeze.

Will it breakout the squeeze?

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

High posibility will retest RM0.78 resistance level.
If positive news flow, it might be breakout RM0.78 resistance

Immediate support @ MA20 / MA50 level.
Subsequent support @ MA100 level.

Do watch out upcoming quarterly result, it will be announce soon.

Let watch closely.

Technical Analysis July 2014: HUNZPTY (5018)

HUNZA PROPERTIES BHD (5018)

Observation From Chart:-

HUNZPTY forming bolinger band squeeze...

When will it breakout?

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

Immediate resistance @ RM2.05  level.
Subsequent resistance @ MA200 level, around RM2.08

Immediate support @ MA20 / MA50 level
Subsequent support @ RM1.89 level.

Let's watch closely.

Wednesday, July 16, 2014

Technical Analysis July 2014: IGB (1597)

IGB CORPORATION BERHAD

Observation from Chart:-

IGB succeed breakout RM2.79 resistance level.

How high will it go?

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

If retrace down, RM2.79 would be immediate support.
Subsequent support @ MA20 / MA50 level.

Since it just breakout RM2.79, higher high been formed.
 Immediate resistance would be RM2.90 level.

Let's watch closely.

Monday, July 14, 2014

Technical Analysis July 2014: L&G (3174)

LAND & GENERAL BHD (3174) 

Observation from Chart:-

L&G (3174) bolinger band squeeze..

How about this round, will it breakout ?

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

If retrace down, MA20 /MA50 would be immediate support.
Strong support @ RM0.54, which is MA100 support level.

Once breakout RM0.585, higher high been formed.
Subsequent resistance would be RM0.61 level.

Let's watch closely.

Sunday, July 13, 2014

Technical Analysis July 2014: OLDTOWN (5201)

OLDTOWN BERHAD 

Observation from Chart:-

OLDTOWN break MA20 support level.

How about MA50 support, is that strong for it rebound?

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

Immediate resistance @ RM2.20 level. 
Subsequent resistance @ RM2.28 level.

Immediate support @ RM2.17 support level.
Subsequent support @ RM2.15 level, which is MA50 support level.

At this moment, MA50 is crucial support.

Let's watch closely.

Saturday, July 12, 2014

Technical Analysis July 2014: TONGHER (5010)

TONG HERR RESOURCES BHD (5010)

Observation from Chart:-

TONGHER (5010) retest MA100 support & rebound...

How high will it rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K already on BUY call.
Parabolic Stop & Reversal turned GREEN color.

Immediate support @ MA100 level.
Subsequent support @ RM1.82 level.

Immediate resistance @ RM2.00 level.
Subsequent resistance @ RM2.06 level.

Let's watch closely

Wednesday, July 9, 2014

Technical Analysis July 2014: HAIO (7668)

HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO forming higher high & higher low.

Seem like it's forming uptrend ascending triangle pattern?

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

Immediate resistance @ RM2.60 level.
Subsequent resistance @ RM2.65 level.

Immediate support @ MA20 / MA50 level.
Subsequent support @ MA100 level.

HAIO keep on perform Share Buy Back, till today Cumulative net outstanding treasury shares as at to-date is 3.22% of outstanding shares of the listed issuer. Based on pass history, HAIO do distribute treasury shares as bonus issue. How about this round?

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

Let's watch closely.

Monday, July 7, 2014

Technical Analysis July 2014: KUB (6874)

KUB MALAYSIA BERHAD

Observation from Chart:-

KUB 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.

If able break through upper uptrend resistance, it will kick off another wave of bull run..
If retrace down, RM0,57 will be immediate support.
Subsequent support @ MA20 level.

Let watch closely.

Friday, July 4, 2014

Technical Analysis July 2014: INARI (0166)

INARI AMERTRON BERHAD

Observation from chart:-

INARI forming higher high & higher low.

How high will it go higher?

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

If retrace down, immediate support would be MA20 level.
Subsequent support @ RM2.88 level.

If breakout RM3.15 resistance level, another new high record.

Let's watch closely.