Wednesday, August 17, 2016

Technical Analysis Aug 2016: GBGAQRS (5226)

GABUNGAN AQRS BERHAD (5226)

Observation from Chart:

GBGAQRS (5226) forming ascending triangle pattern.

Will it breakout RM1.18 resistance level & go higher?

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

Immediate resistance @ RM1.18 level.
Subsequent resistance @ RM1.28 level.

Immediate support @ RM1.12 level.
Subsequent support @ ascending triangle support level.

For news pertaining GBGAQRS:-
AQRS to get RM500 mil SUKE subcontract
Source: http://www.theedgeproperty.com.my/

Company do make clarification pertaining that news.
For full info, pls refer www.bursamalaysia.com

Let's watch closely

Saturday, August 13, 2016

Technical Analysis Aug 2016: AAX (5238)

AIRASIA X BERHAD (5238) 

Observation from Chart:

AAX (5238) retest ascending triangle resistance level.

Will it breakout this strong resistance?

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

Immediate resistance @ RM0.41 level.
Subsequent resistance @ RM0.49 level.

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

Let's watch closely

Thursday, August 11, 2016

Technical Analysis Aug 2016: DSONIC (5216)


DATASONIC GROUP BERHAD 

Observation from Chart:-

DSONIC (5216) retest RM1.44 resistance.

Will it breakout & go higher ?

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

Immediate resistance @ RM1.44.
If able breakout, subsequent resistance @ RM1.50 & RM1.55 level.

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

Insider acquired from the open market @ RM1.405


Let's watch closely.


Tuesday, August 2, 2016

Technical Analysis Aug 2016: HAIO (7668)



HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO forming higher high & higher low.

Will it breakout RM2.95 resistance level?

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

Immediate resistance @ RM2.95 level.
Subsequent resistance @ RM3.00 level.

Immediate support @ RM2.88 level.
Subsequent support @ RM2.86 level.

HAIO proposed share buy back again.
For more info, refer Bursa Malaysia website.

Source: www.bursamalaysia.com

Let's watch closely.

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Saturday, July 30, 2016

Technical Analysis July 2016: TUNEPRO (5230)


TUNE PROTECT GROUP

Observation from Chart:-

TUNEPRO forming higher high & higher low.

How high will it go?

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

Immediate support @ RM1.57 level.
Subsequent support @ RM1.50 level.

Immediate resistance @ RM1.70 level.
Subsequent resistance @ RM1.75 level .

Let's watch closely.

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Tuesday, July 19, 2016

Technical Analysis July 2016: DUFU (7233)


DUFU TECHNOLOGY CORP. BHD 

Observation from Chart:-

DUFU forming higher high & higher low.

How high will it go?

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

Immediate support @ RM0.645 level.
Subsequent support @ RM0.63 which is around MA20 level.

Immediate resistance @ RM0.68 level.
Subsequent resistance @ RM0.70 level .

Insider been disposed the share @ RM0.66 level
For more info, pls refer BursaMalaysia website.



Let's watch closely.

Technical Analysis July 2016: BJCORP (3395)

BERJAYA CORPORATION BERHAD

Observation from Chart:-

BJCORP forming two kind of pattern.
1. Period of 1 Quarter chart: descending triangle pattern.
2. Period of 1 year chart: bolinger band squeeze pattern (resistance @ RM0.44, support @ RM0.34)

Will it breakout the descending triangle resistance?

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

Immediate resistance @ RM0.37 which is descending triangle line
Subsequent resistance @ RM0.385 level.

Immediate support @ MA20 which is RM0.355 level.
Subsequent support @ RM0.35 level.

From fundamental point of view,
BJCORP succeed launch lottery at Vietnam
Source: http://www.nst.com.my/

Approx next 4months, Digit game will be launch
Source: http://www.chinapress.com.my/

Let's watch closely BJCORP next few quarter report card.

Sunday, July 17, 2016

Technical Analysis July 2016: PADINI (7052)


PADINI HOLDINGS BHD 

Observation from Chart:-

PADINI retest uptrend resistance level.

Will it break the resistance level?

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

Immediate resistance @ uptrend resistance level.

Immediate support @ RM2.45 level.
Subsequent support @ RM2.36 level.

Let's watch closely.

Saturday, July 16, 2016

Technical Analysis July 2016: MAGNUM (3859)

MAGNUM BERHAD 

Observation from Chart:-

MAGNUM formed double bottom @ RM2.19 level & retest MA200 resistance level (+11%).

Will it breakout & go higher?

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

Due to overbought, most likely it will retrace down or consolidate sideway.
Immediate support @ MA100 which is around RM2.37 level.
Subsequent support @ RM2.33 level.

Immediate resistance @ MA200 level
Subsequent resistance @ RM2.50 level.

Let's watch closely...

Wednesday, July 13, 2016

Technical Analysis July 2016: UOADEV (5200)


UOA DEVELOPMENT BHD 

Observation from chart:-

UOADEV retest RM2.19 resistance level.

Will it breakout & go higher ?

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

Immediate resistance @ RM2.19 level.
Immediate support @ RM2.15 level.
Subsequent support @ RM2.13 level.

If breakout RM2.19 resistance, another new high record been form.
It might be kickoff another wave of uptrend.

Let's watch closely.