Saturday, May 21, 2016

Technical Analysis May 2016: DIGI (6947)

DIGI.COM BHD 

Observation from Chart:-

DIGI forming lower high & lower low.

How low will it go?

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

Immediate support @ RM4.30 level.
Subsequent support @ RM4.00 level.

Immediate resistance @ RM4.80 level.
Subsequent resistance @ RM5.00 level
.
Due to no clear base been formed, potential formed another lower low record. It's opportunity if able formed double bottom & breakout MA20 resistance level.

Let's watch closely.

Saturday, April 30, 2016

Technical Analysis May 2016: GTRONIC (7022)

GLOBETRONICS TECHNOLOGY BHD 

Observation from chart:-

GTRONIC break the bolinger band squeeze support level already 34%.

Will it technical rebound?

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

Immediate resistance would be RM3.50 level
Subsequent resistance would be RM3.84 level.

Immediate support @ RM3.42 level.
Subsequent support @ RM3.00 level.

Let's watch closely for reversal candlestick for technical rebound opportunity.
.

Wednesday, April 20, 2016

Technical Analysis Apr 2016: HAIO (7668)

HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO forming ascending triangle pattern,

Will it ready to breakout?

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

Immediate resistance @ RM2.57 level.
Subsequent resistance @ RM2.66 level.

Immediate support @ MA20 level.
Subsequent support @ RM2.52 level.

Let's watch closely.

Sunday, April 3, 2016

Technical Analysis Apr 2016: KIMLUN (5171)

KIMLUN CORPORATION BERHAD 

Observation from Chart:-

KIMLUN retest RM1.83 resistant level again.

Will it break through? Or retrace down?

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

High potential will consolidate side way or retrace down.
If retrace down, RM1.75 would be immediate support level.
Subsequent support @ RM1.65 level.

Immediate resistance @ RM1.83 level
Subsequent resistance @ RM2.00 psychology resistance level.

Let's watch closely...

Thursday, March 31, 2016

Technical Analysis Mar 2016: FGV (5222)

FELDA GLOBAL VENTURES HLDG BHD 

Observation From Chart:

FGV retest descending triangle resistance again.

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

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

Immediate resistance @ RM1.55 level.
Subsequent resistance @ RM1.64 level.

Immediate support @ RM1.46 level.
Subsequent support @ RM1.43 level.

Let's watch closely for entry opportunity
.

Saturday, March 26, 2016

Technical Analysis Mar 2016: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX retrace down from RM3.50 peak.

Will it rebound @ RM2.48 support level?

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

Immediate resistance @ RM2.76 level.
Subsequent resistance @ RM2.90 level.

Immediate support @ RM2.48 level.
Subsequent support @ RM2.40 level.

Let's watch closely for rebound opportunity.

Friday, March 25, 2016

Technical Analysis Mar 2016: OCNCASH (0049)

OCEANCASH PACIFIC BHD (0049) 

Observation from Chart:-

OCNCASH is forming lower high & lower low.

How low will it go?

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

Immediate resistance @ RM0.40 level.
Subsequent resistance @ RM0.42 level.

Immediate support @ RM0.39 which is MA200 level
Subsequent support @ RM0.36

Let's watch closely.

Friday, March 11, 2016

Technical Analysis Mar 2016: IOICORP (1961)

IOI CORPORATION BERHAD 

Observation from Chart:

IOICORP rebound from MA20 support level. 

How high will it go?

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

Immediate resistance, RM5.00 psychology level.
Immediate support, MA20 level.

If the bull strong enough, it might break through & go higher

Let's watch closely.

Friday, March 4, 2016

Technical Analysis Mar 2016: MYEG (0138)



MY E.G. SERVICES BHD (0138) 

Observation From Chart:-

MYEG forming descending triangle pattern.

Will it rebound @ RM2.05 support level?

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

Immediate support @ RM2.05 level.
Subsequent support @ RM1.88 which is MA100 level.

Immediate resistance @ RM2.15 which is MA50 level.
Subsequent resistance @ RM2.33 level.

Let's watch closely for rebound opportunity.

Thursday, March 3, 2016

Technical Analysis Mar 2016: BJTOTO (1562)


BERJAYA SPORTS TOTO BERHAD 

Observation from Chart:-

BJTOTO succeed form "W" pattern.

Will it breakout RM3.34 resistance?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K @ overbought region.

Immediate support @ RM3.20 level.
Subsequent support @ RM3.13 level.

Immediate resistance @ RM3.34 level.
Subsequent resistance @ RM3.40 level.

Positive News on BJTOTO:
BCorp and BToto to operate computerised lottery in Vietnam 
Source: http://www.thestar.com.my/business/business-news/2016/01/20/bcorp-and-btoto-to-operate-computerised-lottery-in-vietnam/

Let's watch closely for the breakout.