Saturday, January 24, 2015

Technical Analysis Jan 2015: MAYBANK (1155)

MALAYAN BANKING BERHAD 

Observation from Chart:-

MAYBANK retest strong divergence resistance.

How about this round? Will it succeed breakout?

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

Immediate support @ RM8.50 support level.
Subsequent support @ RM8.38 level.

Immediate resistance @ MA50, which is around RM9.00 level.
Subsequent resistance @ RM9.25 level.

Let's watch closely......

Friday, January 16, 2015

Technical Analysis Jan 2015: ARMADA (5210)

BUMI ARMADA BERHAD

Observation from Chart:-

ARMADA forming ascending triangle pattern.

Will it breakout RM1.22 resistance level?

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

Immediate support MA20 support level.
Immediate resistance @ RM1.22 level.
Subsequent resistance @ RM1.28 level.

Let's watch closely......

Wednesday, January 14, 2015

Technical Analysis Jan 2015: TENAGA (5347)

TENAGA NASIONAL BHD 

Observation from Chart:-

TENAGA retest RM14.54 resistance level again.

How about this round? Will it breakout?

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

Immediate support @ RM14.00 level.
Subsequent support @ RM13.64 level.

Immediate resistance @ RM14.54 level.

Let's watch closely.

Tuesday, January 13, 2015

Technical Analysis Jan 2015: AIRASIA (5099)

AIRASIA BERHAD 

Observation from Chart:

AIRASIA (5099) retrace RM2.75 resistance level.

Will it breakout & close the earlier gap down ?

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

Immediate resistance @ RM2.75 level.
Subsequent resistance @ RM2.80 level.

Immediate support @ RM2.48 level.
Subsequent support @ RM2.38 level.

Let's watch closely.

Tuesday, January 6, 2015

Technical Analysis Jan 2015: YTLPOWR (6742)

YTL POWER INTERNATIONAL BHD 

Observation from Chart:-

YTLPOWER forming lower high & lower low.

WIll it retest RM1.42 support level again?

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

Immediate resistance @ RM1.49 level
Subsequent resistance @ 1.53 level.

Immediate support @ RM1.46 level.
Subsequent support @ RM1.42 level.

It would be an opportunity, if able form a reversal @ support level.

Let's watch closely.

Sunday, January 4, 2015

Technical Analysis Jan 2015: MUDAJYA (5085)

MUDAJAYA GROUP BERHAD 

Observation from Chart:-

MUDAJAYA retrace down from RM2.40 to RM1.40 level (-41.7%).

Will it forming double bottom @ RM1.40 level?

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

Immediate support @ RM1.44 level.
Subsequent support @ RM1.40 level.

Immediate resistance @ RM1.50 level.
Subsequent resistance @ RM.53 level.

Let's watch closely.

Saturday, January 3, 2015

Technical Analysis Jan 2015: MYEG (0138)

MY E.G. SERVICES BERHAD 

Observation from Chart:-

MYEG keep retest RM4.38 resistance level.

Will it breakout & go higher?

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

Immediate support @ MA20, which is around RM4.20 level.
Subsequent support @ MA50, which is around RM4.11 level.

Immediate resistance would be RM4.38 level.

Do watch out, MYEG Bonus Issue which will be ex-date on 8 Jan 2015.

Let's watch closely

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.