Saturday, September 27, 2014

Technical Analysis Sept 2014: WILLOW (0008)

WILLOWGLEN MSC BHD 

Observation from Chart:

WILLOW (0008) forming ascending triangle pattern.

Will it break through the resistance, RM0.925 level ?

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

Immediate resistance @ MA20 level.
Subsequent resistance @ RM0.925 level.

Immediate support @ ascending triangle line level.
Subsequent support @ MA50 level.

If able breakout RM0.925 resistance, another new high record been form & bull run might be resume.

Let's watch closely.

Friday, September 26, 2014

Technical Analysis Sept 2014: KIMHIN (5371)

KIM HIN INDUSTRY BHD 

Observation From Chart:

KIMHIN forming higher high & higher low.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K already reach overbought stage.

Immediate resistant RM1.72 level.

High possibility will be retrace down retest support level.
Immediate support RM1.56 level.
Subsequent support MA20 level.

Let's watch closely.

Monday, September 22, 2014

Technical Analysis Sept 2014: KULIM (2003)

KULIM (MALAYSIA) BERHAD 

Observation From Chart:

KULIM rebound from RM3.27 support level.

Will it breakout RM3.50 resistance level?

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

Immediate resistant RM3.50 level.
Subsequent resistance RM3.56 level.

Immediate support MA20 level.
Subsequent support would be RM3.27 level.

Let's watch closely.

Wednesday, September 17, 2014

Technical Analysis Sept 2014: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO retest ascending triangle resistance.

Will it breakout the resistance?

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

Immediate resistance @ RM2.72 level.
Subsequent resistance @ RM2.74 level.

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

HAIO keep on perform Share Buy Back, till today Cumulative net outstanding treasury shares as at to-date is 3.3% of outstanding shares of the listed issuer.

Based on pass history, HAIO do distribute treasury shares as bonus issue.
So, how do you think about this round?

Pass history on HAIO dividend.
http://www.hai-o.com.my/dividend.php

Do watch out upcoming AGM, perhaps will announce some good news conjunction HAIO 40th Anniversary. 

Let's watch closely.

Monday, September 15, 2014

Technical Analysis Sept 2014: FGV (5222)

FELDA GLOBAL VENTURES HLDG BHD 

Observation From Chart:

FGV forming lower high & lower low.

How low will it go?

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

Immediate resistance @ MA20 level.
Subsequent resistance @ MA50 level.

Immediate support @ RM3.50 level.
Subsequent support @ RM3.00 level.

Let's watch closely for technical rebound
.

Wednesday, September 10, 2014

Technical Analysis Sept 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX rebound from MA20/ MA50 support level. 

Will it breakout MA100 resistance level?

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

Immediate resistance @ MA100 level.
Subsequent resistance @ RM2.42 level.

Immediate support @ MA20/MA50 level.
Subsequent support @ RM2.17 level.

Enterovirus & EBOLA theme might boost up glove sector bull run.

Source:
http://www.cnn.com/2014/09/09/health/enterovirus-clusters/ http://www.washingtonpost.com/news/to-your-health/wp/2014/09/10/this-is-how-people-are-being-warned-about-the-ebola-epidemic-in-west-africa/

 Let's watch closely ...

Tuesday, September 2, 2014

Technical Analysis Sept 2014: ULICORP (7133)

UNITED U-LI CORPORATION BHD (7133) 

Observation from Chart:-

ULICORP (7133) retrace down retest RM1.70 bolinger band support level.

Will it rebound?

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

Immediate support @ RM1.71 level.
Subsequent support @ RM1.63 level.

Immediate resistance @ MA20 level.
Subsequent resistance @ RM1.83 level.

Let's watch closely.

Saturday, August 30, 2014

Technical Analysis Aug 2014: IRIS (0010)

IRIS CORPORATION BHD 

Observation from Chart:-

IRIS (0010) is forming reversal candlestick ...

Will it rebound?

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

Immediate resistance @ RM0.41 level.
Subsequent resistance @ MA20/MA50 level.

Immediate support @ RM0.36 level.
Subsequent support @ RM0.33 level.

On 29 Aug 2014, IRIS announced below market expectation Q1 result & causing the sell off...

Let watch closely for rebound.

Thursday, August 28, 2014

Technical Analysis Aug 2014: PADINI (7052)

PADINI HOLDINGS BHD 

Observation from Chart:-

PADINI retest RM1.87 support level.

Will it rebound ? Or break the support level?

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

Immediate support @ RM1.87 level. Once it break the strong support, it might be high selling pressure.

Immediate resistance @ RM1.92 level.
Subsequent resistance @ MA20 / MA50 level, which is RM1.95 level.

Let's watch closely.

Sunday, August 24, 2014

Technical Analysis Aug 2014: MMCCORP (2194)

MMC CORPORATION BERHAD 

Observation From Chart:-

MMCCORP retest RM2.33 support level. 

Will it rebound?

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

It might be consolidate sideway.
If rebound, immediate resistance @ MA20 which is RM2.45 level.
Subsequent resistance @ MA50 which is RM2.51 level.

Immediate support @ RM2.33
Subsequent support @ RM2.25

Let's watch closely.