Monday, February 1, 2016

Technical Analysis Feb 2016: CMSB (2852)

CAHYA MATA SARAWAK BERHAD (2852)

Observation From Chart:-

CMSB rebound from RM5.00 strong support level.

Will it breakout RM5.35 resistance level?

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

Immediate support @ RM5.00 level.
Subsequent support @ RM4.70 level.

Immediate resistance @ RM5.35 level.
Subsequent resistance @ RM5.45 level.

Let's watch closely for entry opportunity.

Sunday, January 31, 2016

Technical Analysis Jan 2016: COASTAL (5071)

COASTAL CONTRACTS BHD (5071) 

Observation From Chart:-

COASTAL forming lower high & lower low.

How low will it go?

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

Immediate support @ RM1.45 level.

Immediate resistance @ MA20 level, which is around RM1.65
Subsequent resistance @ RM2.00 level.

Let's watch closely

Thursday, January 28, 2016

Technical Analysis Jan 2016: HAPSENG (3034)

HAP SENG CONSOLIDATED BERHAD 

Observation from Chart:-

HAPSENG forming higher high & higher low.

Will it breakout the resistance & go higher?

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

If able breakout RM6.80, another new high record been form.
If retrace down, Immediate support @ MA20 level.
Subsequent support @ MA50 level.

Let's watch closely for opportunity.

Sunday, January 24, 2016

Technical Analysis Jan 2016: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX forming ascending triangle pattern..

Will it breakout the resistance?

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

Immediate resistance @ RM3.47 level.
Subsequent resistance @ RM3.50 level.

Immediate support @ ascending triangle support level.
Subsequent support @ RM3.12 level.

Let's watch closely for breakout...

Technical Analysis Jan 2016: UEMS (5148)

UEM SUNRISE BERHAD

Observation from Chart:-

UEMS forming lower high & lower low.

When will it rebound?

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

Immediate support @ RM0.95 level.
Subsequent support @ RM1.14 level.

Immediate resistance @ RM1.03 level.
Subsequent resistance @ RM1.18 level.

Let's watch closely for breakout downtrend resistance level.

Saturday, January 23, 2016

Technical Analysis Jan 2016: CIMB (1023)

CIMB GROUP HOLDINGS BERHAD 

Observation From Chart:

CIMB succeed rebound @ RM3.95 level ?

How high will it rebound?

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

Immediate resistance @ RM4.25 level.
Subsequent resistance @ RM4.40 level.

Immediate support @ RM4.00 level.
Subsequent support @ RM3.95 level.

Let's watch closely for opportunity.

Sunday, January 17, 2016

Technical Analysis Jan 2016: SKPETRO (5218)

SapuraKencana Petroleum Berhad (5218) 

Observation from Chart:

SKPETRO (5218) retest strong support RM1.67 level again.

Will it technical rebound? Or break the RM1.67 support?

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

Immediate support @ RM1.67 level.
Subsequent support @ RM1.37 level.

Immediate resistance @ RM1.84 level.
Subsequent resistance @ RM2.00 level.

Due to crude oil price break USD30 psychology support level, this might be impact SKPETRO performance.

Let's watch closely crude oil price for rebound opportunity.

Friday, December 4, 2015

Technical Analysis Dec 2015: CIMB (1023)

CIMB GROUP HOLDINGS BERHAD 

Observation From Chart:

CIMB forming double bottom @ RM4.45 level ?

How high will it rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastics %K @ SELL call.

Immediate resistance @ RM4.60 level.
Subsequent resistance @ RM4.70 level.

Immediate support @ RM4.50 level.
Subsequent support @ RM4.45 level.

Let's watch closely for entry opportunity.

Technical Analysis Dec 2015: OCNCASH (0049)

OCEANCASH PACIFIC BHD (0049) 

Observation from Chart:-

OCNCASH is rebound from support level.

Will it breakout resistance & go higher?

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

Immediate resistance @ RM0.46 level.
If succeed breakout RM0.46 resistance level, higher high is confirm. Uptrend will resume.

Immediate support @ RM0.43.
Subsequent support @ RM0.40

Let's watch closely.

Saturday, November 28, 2015

Technical Analysis Nov 2015: PRESBHD (5204)

PRESTARIANG BERHAD 

Observation from Chart:-

PRESBHD is retest RM2.66 resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM2.66 level.
Subsequent resistance @ RM2.72 level.

If succeed breakout RM2.66 resistance level, higher high is confirm. Uptrend will resume.

Immediate support @ RM2.45.
Subsequent support @ RM2.32

Let's watch closely.