Wednesday, March 30, 2011

Technical Analysis Mar 2011: OLYMPIA (3018)



OLYMPIA INDUSTRIES BERHAD

Observation from Chart:-

As today, 30 March 2011 OLYMPIA is break up bolinger band squeeze.

Current resistant is around RM0.445
Current support level MA20 (bolinger middle band), which is around RM0.355

If able break up RM0.45 with huge volume, it might retest RM0.58 level
However, if break down MA20, next support would be RM0.335 (MA100 support level)

Let watch closely.

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Tuesday, March 29, 2011

Technical Analysis Mar 2011: KNM (7164)



KNM GROUP BERHAD

Observation from Chart:-

KNM is keep consolidate & forming bolinger band squeeze.

Current resistant MA50, which is around RM2.80
Current support level MA20 (bolinger middle band), which is around RM2.63

If break up MA50, it will retest RM3 & RM3.23 level
If break down MA20, next support would be RM2.55 (MA100 support level) & RM2.33 level.

Let watch closely.

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Thursday, March 24, 2011

Technical Analysis Mar 2011: FBMKLCI


FBMKLCI

Observation from Chart:-

FBMKLCI currently trade within 1480 & 1528 range.

1480 is current support level.

1528 is current resistant level.

MACD histogram & Stochastic %K remain positive outlook.

So, it might retest 1528 level soon.

If able break up 1528 level, next resistant would be around 1541 level.

However, if retrace down, there is posibility retest bolinger middle band level.

Let watch closely...


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Tuesday, March 22, 2011

Technical Analysis Mar 2011: TIMECOM (5031)



TIME DOTCOM BERHAD

Observation from Chart:-

Today, TIMECOM have been break UP RM0.81 resistant, closed at RM0.83.

It might retest next resistant RM0.89 level soon.

However, if retrace down, there is posibility retest RM0.81 level.

MA100 is strong support level, everytime retrace down to this level, it will rebound without fail.

It is a good entry opportunity, if retrace down to MA100 level.

Let watch closely...


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Sunday, March 20, 2011

Technical Analysis Mar 2011: BURSA (1818)


BURSA MALAYSIA BERHAD

Observation from Chart:-


Bursa have been break down decending triangle pattern support RM8.14
So, RM8.14 support level have been turned to current resistant level.

If future retrace down, it might retest next support RM7.64 level soon.

However, if able break up RM8.14, there is posibility retest RM8.64 & RM8.98 resistant.

Let watch closely for entry opportunity.


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Saturday, March 19, 2011

Technical Analysis Mar 2011: MPHB (3859)



MULTI-PURPOSE HOLDINGS BERHAD

Observation from Chart:-

MPHB retrace down from RM2.75 & found the support at RM2.42

If this round rebound is strong enough, it might retest RM2.75 level.
MACD histrogram been turned green color. Pending bullish crossover.

However, if retrace down, next support level should be around RM2.23 level.

Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Thursday, March 17, 2011

Technical Analysis Mar 2011: UEM LAND (5148)


UEM LAND HOLDINGS BERHAD

Observation from Chart:-

UEMLAND have been retrace down from RM3.30 high to RM2.63

Everytime touch RM2.63 level, it will rebound. RM2.63 is current support level.

Now, UEMLAND is forming Descending Triangle

If able break above upper line of triangle, it might retest RM2.85 level.

If break down RM2.63 support, next strong support level RM2.57 (MA100) & RM2.37

Let watch closely for entry opportunity.


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Technical Analysis Mar 2011: TM (4863)



TELEKOM MALAYSIA BERHAD

Observation From Chart:-

TM have been retrace down from RM4.05 high to RM3.80 level. (-RM0.25)
RM3.80 is current support level, MA50 support level.

If able rebound, it will retest RM3.93 & RM4.05 level.

If future retrace down, may retest RM3.60 support level which is MA100 support level.
Let watch closely for entry oppotunity.

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Tuesday, March 15, 2011

Technical Analysis Mar 2011: SUPERMX (7106)


SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX seem like forming ascending triangle on MACD indicator.

If able break up the triangle, it will retest RM4.57 , RM4.81 resistant level & RM5.00 psychology level.

If retrace down, may retest RM4.16 & RM4.00 support level.
Let watch closely.

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Saturday, March 12, 2011

Technical Analysis Mar 2011: PERISAI (0047)





PERISAI PETROLEUM TEKNOLOGI BHD

Observation from Chart:-

Since 3 Mar 2011, PERISAI formed reversal candlestick at RM0.51 level.
In 6 trading days, it have been rebound 32.4% or RM0.165

As 11 Mar 2011, PERISAI retest earlier resistant level, closed at RM0.675 .

If able break above this level, PERISAI would be uptrend.

If retrace down, next support level would be RM0.65 & RM0.60 which is MA50 support level.

Let watch closely.


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Friday, March 11, 2011

Technical Analysis Mar 2011: GENTING (3182)


GENTING BERHAD

Observation from Chart:-

As today 11 Mar 2011, GENTING closed at RM10.00 phicology level & strong support level.

If able rebound, RM10.40 & RM10.64 would be near term resistant level.

However,

1. NO reversal candlestick been formed.

2. MACD at negative region.

3. Stochastic %K NO trigger any buy call.

If break down RM10 support level, it might retest MA200 support level which is RM9.50 level.

Let watch closely.


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Thursday, March 10, 2011

Technical Analysis Mar 2011: KIMLUN (5171)


KIMLUN CORPORATION BERHAD

Observation from Chart:-

KIMLUN been retrace down from RM1.80 high to RM1.50 (loss RM0.30 or -16.70%)
On 4 March, it formed reversal candlestick at RM1.60 support level.

Next resistant RM1.80
If able break up this level, it will retest RM2.00

However, if retrace down, it might retest RM1.51 & RM1.39 support level again.

Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Wednesday, March 9, 2011

Technical Analysis Mar 2011: SCOMI (7158)



SCOMI GROUP BERHAD

Observation from Chart:-

SCOMI been retrace down from RM0.40 high to RM0.31 (loss RM0.09 or -22.20%)
On 8 March, it formed reversal candlestick at RM0.31 support level.

Next resistant RM0.36 & RM0.385
If able break up this level, it will retest RM0.40

However, if retrace down, it might retest RM0.31 support level again.

Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Tuesday, March 8, 2011

Technical Analysis Mar 2011: AFFIN (5185)




AFFIN HOLDINGS BERHAD

Observation from Chart:-

AFFIN been retrace down from RM3.63 high to RM3.16 (loss RM0.47 or -12.90%)
On 3 March, it formed reversal candlestick.

Current resistant RM3.38 which is MA20 & MA50 days.
If able break up this level, next resistant would be RM3.63

However, if retrace down, it might retest RM3.16 support level.

Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Monday, March 7, 2011

Technical Analysis Mar 2011: KPJ (5878)



KPJ HEALTHCARE BERHAD

Observation from Chart:-

Since Feb 2011, KPJ keep consolidate around RM3.70 till RM3.84
Now, KPJ is forming bolinger band squeeze.

Current resistant RM3.84 & RM4.00 level.
If able break up RM4.00 level, the uptrend will be continue.

If retrace down, it might retest next support level, RM3.75 which also MA100 support level.
Subsequent support level would be RM3.69 level.

Let watch closely for entry opportunity...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Sunday, March 6, 2011

Technical Analysis Mar 2011: DIALOG (7277)



DIALOG GROUP BERHAD

Observation from Chart:-

Since Feb 2011, DIALOG keep consolidate around RM2.10 till RM2.33
Now, DIALOG is forming bolinger band squeeze.

Current resistant RM2.24 & RM2.33 level.
If able break up RM2.33 level, the uptrend will be continue.

If retrace down, it might retest next support level, RM2.08 which also MA50 support level.
Subsequent support level would be RM2 or psychology level.

Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Friday, March 4, 2011

Technical Analysis Mar 2011: YTLLAND (2577)


YTL LAND & DEVELOPMENT BERHAD

Observation from Chart:-

YTLLAND retrace down from RM2.05 high to RM1.52 (-25.7%)

As 3 Mar 2011, YTLLAND formed reversal candlestick.

If able rebound, next resistant would be RM1.66 & RM1.85 level.
If the rebound strong enough, it might retest RM2.05 high as well.

If future retrace down, next support level, RM1.50 which also MA100 support level.

Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Thursday, March 3, 2011

Technical Analysis Mar 2011: KENCANA (5122)


KENCANA PETROLEUM BERHAD

Observation From Chart:-

KENCANA seem like forming symmetrical triangle.

If able break up the upper triangle line, may look for RM2.76 level for profit target (around +10% profit)
If break down the lower triangle line, it might retrace down to RM2.22 level (around -10% loss)

Most analysts will take a position once the price breaks through the top line of the triangle with increased volume.

Let watch closely for entry opportunity.

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Technical Analysis Mar 2011: DRBHCOM (1619)


DRB-HICOM BERHAD

Observation from Chart:-

DRBHCOM have been retrace down from RM2.19 high to RM1.73 (-21%)

As 2 March 2011, NO reversal candlestick been formed, so high probability it will future retrace down.
Next support would be around RM1.57

However, technical rebound might be in place soon.
If rebound, it will retest RM1.76 & RM1.86 resistant.

Let watch closely for entry opportunity.


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Tuesday, March 1, 2011

Technical Analysis Mar 2011: PCHEM (5183)




PETRONAS CHEMICALS GROUP BERHAD

Observation from Chart:-

PCHEM listed on Nov 26, 2010.

Last 2X, once touching RM6.38 level, it will retrace down to RM5.95 level rebound.
So, RM6.38 is current resistant & RM5.95 is current strong support level (also MA50 support level).

As today (March 1, 2011), it have been attempt 3X at RM6.38 level, will it break up this level of resistant? Or retrace down retest RM5.95 again?

Let watch closely.


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Technical Analysis Mar 2011: SAPCRES (8575)


SAPURACREST PETROLEUM BERHAD

Observation from Chart:-

SAPCRES have been retrace down from RM3.90 high to RM3.36

It have been attempt 3X at RM3.36 level & now forming decending triangle pattern.
So, RM3.36 is current strong support level (also MA50 support level).

If selling pressure too high, it might future break down.

Next level of support, RM3.12 & RM2.90

However, if able break up the triangle upper line with huge volume, it might retest RM3.74 & RM3.90 resistant.

Let watch closely for entry opportunity.


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!