Friday, July 25, 2014

Technical Analysis July 2014: SCOMI (7158)

SCOMI GROUP BERHAD

Observation from Chart:-

SCOMI succeed breakout MA20 resistance level.

How high will it go?

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

Immediate resistance @ RM0.42 level
Subsequent resistance @ RM0.43 level

If retrace down or consolidate side way,
immediate support @ MA200 which is RM0.405 level.
subsequent support @ MA20, which is RM0.40 level.

Let watch closely...

Thursday, July 24, 2014

Technical Analysis July 2014: GLOMAC (5020)

GLOMAC BERHAD

Observation from Chart:-

GLOMAC succeed breakout RM1.14 resistance level.
Will it break RM1.17 resistance?

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

Immediate resistance @ RM1.17 level
Subsequent resistance @ RM1.21 level

If retrace down or consolidate side way,
immediate support @ RM4.45 level.
subsequent support @ MA200, which is RM1.10 level.

Let watch closely...

Technical Analysis July 2014: GTRONIC (7022)

GLOBETRONICS TECHNOLOGY BHD

Observation from chart:-
GTRONIC succeed breakout RM4.45 resistance level.

How high will it go?

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

Immediate resistance would be RM5 psychology level.
If able breakout, it's new high record.

If retrace down or consolidate side way,
immediate support @ RM4.45 level.
subsequent support @ MA20 level.

Let's watch closely.

Tuesday, July 22, 2014

Technical Analysis July 2014: KPJ (5878)

KPJ HEALTHCARE BERHAD

Observation from Chart:-

KPJ consolidate sideway @ RM3.49 till RM3.63 level.

How low will it consolidate?

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

Since already break down MA200, it might be facing high selling pressure...
If rebound, may look for immediate resistance.

Immediate support @ RM3.49, which is MA20 level.
Subsequent support @ RM3.38, which is MA50 level

Immediate resistance @ RM3.63 level.
Subsequent resistance @ RM3,86

Let's watch closely.

Saturday, July 19, 2014

Technical Analysis July 2014: REDTONE (0032)

REDTONE INTERNATIONAL BERHAD
Observation from Chart:-

REDTONE been trading sideway since end of March & forming bolinger band squeeze.

Will it breakout the squeeze?

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

High posibility will retest RM0.78 resistance level.
If positive news flow, it might be breakout RM0.78 resistance

Immediate support @ MA20 / MA50 level.
Subsequent support @ MA100 level.

Do watch out upcoming quarterly result, it will be announce soon.

Let watch closely.

Technical Analysis July 2014: HUNZPTY (5018)

HUNZA PROPERTIES BHD (5018)

Observation From Chart:-

HUNZPTY forming bolinger band squeeze...

When will it breakout?

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

Immediate resistance @ RM2.05  level.
Subsequent resistance @ MA200 level, around RM2.08

Immediate support @ MA20 / MA50 level
Subsequent support @ RM1.89 level.

Let's watch closely.

Wednesday, July 16, 2014

Technical Analysis July 2014: IGB (1597)

IGB CORPORATION BERHAD

Observation from Chart:-

IGB succeed breakout RM2.79 resistance level.

How high will it go?

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

If retrace down, RM2.79 would be immediate support.
Subsequent support @ MA20 / MA50 level.

Since it just breakout RM2.79, higher high been formed.
 Immediate resistance would be RM2.90 level.

Let's watch closely.

Monday, July 14, 2014

Technical Analysis July 2014: L&G (3174)

LAND & GENERAL BHD (3174) 

Observation from Chart:-

L&G (3174) bolinger band squeeze..

How about this round, will it breakout ?

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

If retrace down, MA20 /MA50 would be immediate support.
Strong support @ RM0.54, which is MA100 support level.

Once breakout RM0.585, higher high been formed.
Subsequent resistance would be RM0.61 level.

Let's watch closely.

Sunday, July 13, 2014

Technical Analysis July 2014: OLDTOWN (5201)

OLDTOWN BERHAD 

Observation from Chart:-

OLDTOWN break MA20 support level.

How about MA50 support, is that strong for it rebound?

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

Immediate resistance @ RM2.20 level. 
Subsequent resistance @ RM2.28 level.

Immediate support @ RM2.17 support level.
Subsequent support @ RM2.15 level, which is MA50 support level.

At this moment, MA50 is crucial support.

Let's watch closely.

Saturday, July 12, 2014

Technical Analysis July 2014: TONGHER (5010)

TONG HERR RESOURCES BHD (5010)

Observation from Chart:-

TONGHER (5010) retest MA100 support & rebound...

How high will it rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K already on BUY call.
Parabolic Stop & Reversal turned GREEN color.

Immediate support @ MA100 level.
Subsequent support @ RM1.82 level.

Immediate resistance @ RM2.00 level.
Subsequent resistance @ RM2.06 level.

Let's watch closely