Thursday, March 23, 2017

Technical Analysis Mar 2017: WELLCAL (7231)


WELLCALL HOLDINGS BHD 

Observation from Chart:

WELLCAL forming non stop higher high

Will it retrace down to retest support level?

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

Most probably correction / consolidate will be in place soon.

Immediate support @ RM2.11 level.
Subsequent support @ RM2.05 level.

Let's watch closely...

Technical Analysis Mar 2017: KRONO (0176)


KRONOLOGI ASIA BERHAD (0176) 

Observation from Chart:

KRONO (0176) forming bolinger band squeeze.

When will it breakout the band?

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

Immediate resistance @ RM0.385 level.
Subsequent resistance @ RM0.41 level.

Immediate support @ RM0.35 level
Subsequent support @ RM0.32 level.

Let's watch closely...

Wednesday, March 22, 2017

Technical Analysis Mar 2017: EFFICEN (0064)


EFFICIENT E-SOLUTIONS BHD 

Observation from Chart:-

EFFICEN forming higher high?

Will it form a higher low?

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

Immediate resistance @ RM0.295 level.
Subsequent resistance @ RM0.305 level.

Immediate support @ RM0.275 level.
Subsequent suport @ RM0.26 level.

If able form a higher low, means uptrend is confirm.

Let's watch closely.

Technical Analysis Mar 2017: NOTION (0083)


NOTION VTEC BERHAD

Observation from Chart:-

NOTION (0083) non stop bull run since 3 Jan 2017
(Less than 3months period, share price 200% gain)

Will it retrace down to retest support level?

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

Immediate resistance @ RM1.32 level.
Subsequent resistance @ RM1.455 level.

Immediate support @ RM1.25 level.
Subsequent support @ RM1.16 level.

Let's watch closely.

Tuesday, March 21, 2017

Technical Analysis Mar 2017: WASEONG (5142)


WAH SEONG CORPORATION BERHAD 

Observation from Chart:-

WASEONG (5142) forming symmetrical triangle pattern.

Will it break up or down?

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

Immediate resistance @ RM0.88 level.
Subsequent resistance @ RM0.905 level.

Immediate support @ RM0.86 level.
Subsequent support @ RM0.82 level.

If break up, potential retest RM0.98 level.
If break down, potential retest RM0.74 level.

Let's watch closely.

Monday, March 20, 2017

Technical Analysis Mar 2017: WTK (4243)


WTK HOLDINGS BERHAD

Observation from Chart:-

Since 23 Nov 2016, WTK (4243) 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 @ RM1.05 level.
Subsequent resistance @ RM1.12 level.

Immediate support @ RM0.98 level.
Subsequent support @ RM0.895 level.

Let's watch closely.

Technical Analysis Mar 2017: UCHITEC (7100)


UCHI TECHNOLOGIES BERHAD

Observation from Chart:

UCHITEC (7100) forming bolinger band squeeze. (squeeze @ RM1.75 to RM1.85 range)

When will it breakout?

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

Immediate resistance @ RM1.85 level.

Immediate support @ RM1.75 level.
Subsequent support @ RM1.69 level.

Referring the Q4 annual report, there is 8cent final dividend.
Based on pass history, UCHITEC will announce their final dividend on April.



Let's watch closely...

Sunday, March 19, 2017

Technical Analysis Mar 2017: NWP (5025)


NWP HOLDINGS BERHAD 

Observation from Chart:

NWP (5025) succeed breakout bolinger band squeeze. (Almost 5months squeeze @ RM0.195 to RM0.25 range)

How high will it go?

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

Immediate resistance @ RM0.27 level.
Subsequent resistance @ RM0.28 level.

Immediate support @ RM0.25 level.
Subsequent support @ RM0.225 level.

Let's watch closely...

Technical Analysis Mar 2017: BAHVEST (0098)


BORNEO AQUA HARVEST BHD 

Observation from Chart:

BAHVEST (0098) forming descending triangle pattern.

Will it breakout downtrend resistance line?

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

If breakout descending triangle line,
Immediate resistance @ RM0.85 level.
Subsequent resistance @ RM0.87 level.

Immediate support @ RM0.815 level.
Subsequent support @ RM0.775 level.

Let's watch closely...

Thursday, March 16, 2017

Technical Analysis Mar 2017: IRIS (0010)


IRIS CORPORATION BHD 

Observation from Chart:-

IRIS (0010) succeed breakout RM0.145 resistance level.

How high will it go?

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

Immediate resistance @ RM0.15 level.
Subsequent resistance @ RM0.18 level.

Immediate support @ RM0.145 level.
Subsequent support @ RM0.135 level.

Let's watch closely.