Thursday, April 27, 2017

Technical Analysis Apr 2016: FGV (5222)


FELDA GLOBAL VENTURES HLDG BHD 

Observation From Chart:

FGV retest ascending triangle resistance again.

How about this round? Will it breakout & go higher?

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

Immediate resistance @ RM2.14 level.
Subsequent resistance @ RM2.29 level.

Immediate support @ RM1.98 level.
Subsequent support @ RM1.87 level.

Let's watch closely for entry opportunity

Wednesday, April 26, 2017

Technical Analysis Apr 2017: SENERGY (5218)


SAPURA ENERGY BERHAD

Observation from Chart:

SENERGY (5218) forming ascending triangle pattern.

Will it retest RM2.10 resistance level?

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

Immediate support @ RM2.00 level.
Subsequent support @ RM1.90 level.

Immediate resistance @ RM2.10 level.
Subsequent resistance @ RM2.17 level.

Let's watch closely.

Tuesday, April 25, 2017

Technical Analysis Apr 2017: BURSA (1818)


BURSA MALAYSIA BERHAD 

Observation from Chart:-

BURSA retest RM9.97 resistance level.

Will it breakout & go higher ?

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

Immediate resistance @ RM9.97 level.
Subsequent resistance @ RM10.90 level.

Immediate support @ RM9.43 level.
Subsequent support @ RM9.25 level.

If market sentiment remain bullish momentum, high potential BURSA will breakout resistance level. 

Let's watch closely.

Monday, April 24, 2017

Technical Analysis Apr 2017: SENDAI (5205)



EVERSENDAI CORPORATION BERHAD 

Observation from Chart:

SENDAI (5205) forming higher high & higher low.

Will it retest uptrend resistance level?

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

Immediate resistance @ RM0.86 level.
Subsequent resistance @ RM1.00 level.

Immediate support @ RM0.75 level.
Subsequent support @ RM0.70 level.

Let's watch closely.

Sunday, April 23, 2017

Technical Analysis Apr 2017: HUAYANG (5062)


HUA YANG BERHAD

Observation from Chart:-

HUAYANG (5062) consolidate within RM1.15 & RM1.05 range since Nov 2016

Will it breakout the bolinger band squeeze?

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

Immediate resistance @ RM1.15 level.
Subsequent resistance @ RM1.19 level.

Immediate support @ RM1.05 vel.
Subsequent support @ RM0.99 level.

Let watch closely...

Thursday, April 20, 2017

Technical Analysis Apr 2017: AIRASIA (5099)


AIRASIA BERHAD 

Observation from Chart:

AIRASIA (5099) 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.

Immediate resistance @ RM3.30 level.
Subsequent resistance @ RM3.50 level.

Immediate support @ RM3.00 level.
Subsequent support @ RM2.90 level.

Let's watch closely.

Technical Analysis Apr 2017: MRCB (1651)


MALAYSIAN RESOURCES CORP BHD 

Observation from Chart:

MRCB retrace down from overshoot uptrend resistance level.

Will it retest uptrend support level?

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

Immediate resistance @ RM1.68 level.
Subsequent resistance @ RM1.77 level.

Immediate support @ RM1.54 level.
Subsequent support @ RM1.50 level.

High possibility will retrace down retest support level before next wave.

Let's watch closely.

Tuesday, April 18, 2017

Technical Analysis Apr 2017: OWG (5260)



ONLY WORLD GROUP HOLDINGS BERHAD (5260) 

Observation from Chart:-

OWG retrace down from RM2.50 high to RM1.88 level (approx -25%.)

Will it rebound at this support level?

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

Immediate support @ RM1.88 level.
Subsequent support @ RM1.83 level.

Immediate resistance @ RM2.02 level.
Subsequent resistance @ RM2.15 level.

Let's watch closely.

Technical Analysis Apr 2017: DIGISTA (0029)


DIGISTAR CORPORATION BERHAD 

Observation from chart:-

DIGISTA forming ascending triangle pattern.

Will it breakout & go higher?

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

Immediate resistance @ RM0.23 level.
Subsequent resistance @ RM0.24 level.

Immediate support @ RM0.205 level.
Subsequent support @ RM0.195 level.

Let's watch closely.

Sunday, April 16, 2017

Technical Analysis Apr 2017: DELEUM (5132)


DELEUM BERHAD 

Observation from Chart:-

DELEUM forming bolinger band squeeze within RM0.99 & RM1.08 range.

When will it breakout the band?

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

Immediate resistance @ RM1.08 level.
Subsequent resistance @ RM1.12 level.

Immediate support @ RM0.99 level.
Subsequent support @ RM0.95 level.

Let's watch closely