Tuesday, December 16, 2014

Technical Analysis Dec 2014: SKPETRO (5218)

SapuraKencana Petroleum Berhad (5218) 

Observation from Chart:

SKPETRO (5218) have been retrace down 50.1%.

Will it technical rebound? Or break the RM2.00 support?

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

Immediate support @ RM2.00 level.
Immediate resistance @ RM2.40 level.
Subsequent resistance @ MA20 level.

Do monitor crude oil price.

Let's watch closely for rebound opportunity.

Tuesday, December 9, 2014

Technical Analysis Dec 2014: UMWOG (5243)

UMW Oil & Gas Corporation Berhad (5243) 

Observation from Chart:-

UMWOG (5243) consolidate side way?

Will it rebound @ this level?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on oversold stage, pending trigger BUY call.

Immediate support @ RM2.30 level.
Subsequent suport @ RM2 level.

Immediate resistance @ RM2.60 level.
Subsequent resistance @ RM2.88 level, which is MA20.

Let's watch closely.

Sunday, December 7, 2014

Technical Analysis Dec 2014: EFFICEN (0064)

EFFICIENT E-SOLUTIONS BHD

Observation from Chart:-

EFFICEN consolidate sideway?

Will it retrace down to RM0.25 support level?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on oversold stage, pending trigger BUY call.

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

Immediate resistance @ RM0.295 level, which is MA100.
Subsequent resistance @ RM0.33 level, which is MA20 / MA50.

Let's watch closely.

Saturday, December 6, 2014

Technical Analysis Dec 2014: KNM (7164)

KNM GROUP BERHAD 

Observation from Chart:-

KNM have been retrace down 60.3%.

Will it rebound @ RM0.45 support level ?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on oversold stage, pending trigger BUY call.

Immediate support @ RM0.45
Subsequent suport @ RM0.425 level.

Immediate resistance @ RM0.52 level.
Subsequent resistance @ RM0.57 level.

From technical view, KNM is forming lower low & lower high, market sentiment is bearish.
NO bullish reversal been form yet.

Let's watch closely for rebound opportunity.

Thursday, December 4, 2014

Technical Analysis Dec 2014: HAIO (7668)

HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO forming lower high & lower low?

How low will it go?

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

Immediate resistance @ RM2.44 level.
Subsequent resistance @ RM2.55 level.

Immediate support @ RM2.30 level.
Subsequent support @ RM2.21 level.

Let's watch closely.

Wednesday, December 3, 2014

Technical Analysis Dec 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX forming double bottom @ RM2.01 level ?

Will it breakout descending triangle resistance?

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

Immediate resistance @ RM2.15 level.
Subsequent resistance @ RM2.17 level.

Immediate support @ RM2.01 level.
Subsequent support @ RM1.89 level.

How do you think on USD impact glove sector?
http://globalrubbermarkets.com/6397/malaysia-rubber-gloves-gain-on-weakening-ringgit.html
http://www.theedgemarkets.com/en/node/172663

Let's watch closely ...

Sunday, November 30, 2014

Technical Analysis Nov 2014: ARMADA (5210)


BUMI ARMADA BERHAD

Observation from Chart:-

ARMADA forming lower high & lower low.

How low will it go?

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

Immediate support RM1.00 psychology support level.

Immediate resistance @ RM1.34 level.
Subsequent resistance @ RM1.43 level.

Let watch closely......

Sunday, November 23, 2014

Technical Analysis Nov 2014: CIMB (1023)

CIMB GROUP HOLDINGS BERHAD 

Observation From Chart:

CIMB formed lower high & lower low.

How low will it go?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastics %K @ oversold stage, pending BUY call.

Immediate resistance @ RM6.00 level.
Subsequent resistance @ RM6.15 level.

Immediate support @ RM5.50 level.
Subsequent support @ RM5.00 level.

Let's watch closely for technical rebound.

Saturday, November 22, 2014

Technical Analysis Nov 2014: NOVAMSC (0026)

NOVA MSC BHD

Observation from Chart:-

NOVAMSC (0026) is retest RM0.185 resistance level.

Will it breakout & form higher high?

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

If retrace down, immediate support @ RM0.145 level.
Subsequent support @ RM0.115 level.

If succeed breakout the resistance, higher high is confirm. Then most likely another wave of uptrend.
Do watch out upcoming quarter result, which will announce next few days.

Let's watch closely

Thursday, November 20, 2014

Technical Analysis Nov 2014: BJTOTO (1562)





BERJAYA SPORTS TOTO BERHAD

Observation from Chart:-

BJTOTO is forming double bottom @ RM3.37 level ?

Will it breakout RM3.70 level to form "W" sign?

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

If retrace down, immediate support @ RM3.37 level.
Strong support @ RM3.00 level.

Insider start acquire the share & perform share buy back in huge volume.
For more info, pls refer BursaMalaysia website.

Double bottom @ RM3.37 seem solid.



Immediate resistance @ MA20 level.
Subsequent resistance @ MA50 level.
Strong resistance @ RM3.70 level, which is "W" level.

Let's watch closely