Wednesday, September 28, 2011

Technical Analysis Sept 2011: BURSA (1818)



BURSA MALAYSIA BERHAD

Observation from Chart:-

After huge retrace down, Bursa formed a support RM5.83 level & start rebound.

How high will it go?

What's the immediate resistant level?

Other indicator:-
Reversal candlestick been formed.
MACD at negative region, it is downtrend itinerary.
Stochastic %K do trigger buy call.

Immediate resistant RM6.38 or MA20 level.
Immediate support RM5.83

Let watch closely for technical rebound.

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

Monday, September 26, 2011

Technical Analysis Sept 2011: MAYBANK (1155)


MALAYAN BANKING BERHAD

Observation from Chart:-

MAYBANK hugging bolinger lower band keep forming lower low.

How low will it go?

What's the immediate support level?

Other indicator:-
No reversal candlestick been formed.
MACD at negative region, it is downtrend itinerary.
RSI & Stochastic %K at oversold stage BUT no trigger buy call yet.

High probably will retest RM7.05 or RM6.95 support level.

Let watch closely for technical rebound opportunity.


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

Sunday, September 25, 2011

Technical Analysis Sept 2011: SAPCRES (8575)



SAPURACREST PETROLEUM BERHAD

Observation from Chart:-

22 Sept 2011, SAPCRES have been break dwon MA200 support level.

Next trading day, it gap down & closed at RM3.47 level. (-5.2%)

Other indicator:-
No reversal candlestick been formed.
MACD at negative region, it is downtrend itinerary.
Stochastic %K at oversold stage BUT no trigger buy call yet.

High probably will retest RM3.30 support level.

Let watch closely for technical rebound opportunity.


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

Friday, September 23, 2011

Technical Analysis Sept 2011: BENALEC (5190)



BENALEC HOLDINGS BERHAD

Observation from Chart:-

After BENALEC break down RM1.21 support level, it was no rebound. (-RM0.21 or -17.4%)

Today, it do retest RM1.00 physiology level & formed a bullish engulfing rebound.

This round rebound, it might retest RM1.21 resistant level.

Other indicator:-
MACD indicator at negative region, downtrend sign.
RSI & Stochastic %K extremely oversold stage, buy call been trigger.

Let watch closely.

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

Wednesday, September 21, 2011

Technical Analysis Sept 2011: MRCB (1651)



MALAYSIAN RESOURCES CORP BHD

Observation from Chart:

21 Sept 2011, MRCB retest RM1.76 support level & rebound.

How high will it go?

Resistant would be around RM1.97 level or MA20 level.

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

Let watch closely for technical rebound...

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

Tuesday, September 20, 2011

Technical Analysis Sept 2011: MSM (5202)


MSM MALAYSIA HOLDINGS BERHAD

Observation From Chart:-

20 Sept 2011, MSM (5202) break down bolinger band squeeze & retest RM4.93 support level.

Subsequent support at RM4.45 level.

Other indicator:-
MACD at negative region, downtrend itinerary.
No reversal candlestick been formed.
RSI & Stochastic %K at oversold stage, NO trigger BUY call yet.

Let watch closely for technical rebound.

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

Sunday, September 18, 2011

Technical Analysis Sept 2011: SUPERMX (7106)



SUPERMAX CORPORATION BERHAD

Observation From Chart:-

Since SUPERMAX break down RM3.60 support level, there is no rebound.

As 14 Sept closing price, RM2.32 which is -RM1.28 or 35.3%

Current support is RM2.32

Subsequent support at RM2.00 level.

Other indicator:-
MACD still at negative region, downtrend sign.
No reversal candlestick been formed.
RSI & Stochastic %K at oversold stage, already trigger BUY call, pending confirmation.

Let watch closely for technical rebound.

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


Technical Analysis Sept 2011: BJTOTO (1562)


BERJAYA SPORTS TOTO BERHAD

Observation from Chart:-

15 Sept 2011, BJTOTO super bullish & break through 3 major resistant which are MA200, MA100, MA50 resistant level with huge volume.

Subsequent resistant is around RM4.50 level.
Immediate support is around RM4.32 level.

Other indicator:-
MACD moving toward positive region BUT pending confirmation.
Stochastic %K been trigger BUY call.

Estimate next few days, BJTOTO will announce their quarterly report.
Will it break through RM4.50 level? It rely on coming BJTOTO quarterly result + dividend.

Let watch closely...

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

Friday, September 16, 2011

Technical Analysis Sept 2011: GAB (3255)


GUINNESS ANCHOR BERHAD

Observation from Chart:

GAB keep consolidate & retest MA200 support level.

If able rebound, immediate resistant would be MA50 / MA100, which is around RM10.30 level.

Other indicator:-
MACD have been bullish crossing BUT still at negative region.
Stochastic %K still on buy call position BUT weak buying power.

However, if break down MA200 support, immediate support level is around RM9.85 level.

Let watch closely for rebound opportunity.

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

Tuesday, September 13, 2011

Technical Analysis Sept 2011: AIRASIA (5099)



AIRASIA BERHAD

Observation from Chart:

AIRASIA keep consolidate & trade above MA100 support level.

High probably it might be retest RM3.66 or MA50 resistant level soon.

Other indicator:-
MACD is going bullish crossing soon BUT still at negative region.
Stochastic %K still on buy call position.

However, if break down MA100 support, MA200 is immediate support level, which is around RM2.97 level.

Let watch closely for rebound opportunity.

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

Sunday, September 11, 2011

Technical Analysis Sept 2011: OSK (5053)



OSK HOLDINGS BERHAD

Observation from Chart:-

On 9 Sept 2011, OSK retest RM1.52 resistant level.

Will it break through this resistant? Or retrace down?

Other indicator:-
MACD is moving toward positive region.
Stochastic %K still on buy call position.

If able break through RM1.52, immediate resistant would be MA100 which is RM1.55 level.

However, it might be a short term pull back, retest MA50 or MA20 support level.

Subsequent, strong support at RM1.30 level.

Let watch closely.

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

Saturday, September 10, 2011

Technical Analysis Sept 2011: HSL (6238)


HOCK SENG LEE BERHAD

Observation from Chart:-

HSL (6238) seem like forming ascending triangle.

Will it break through RM1.52 resistant? Or retrace down?

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

If able break through RM1.52, subsequent resistant would be RM1.56 & RM1.60 level.

If retrace down, RM1.30 is strong support level.

Let watch closely.

Disclaimer:

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

Friday, September 9, 2011

Technical Analysis Sept 2011: TSH (9059)




TSH RESOURCES BERHAD

Observation from Chart:-

9 Sept 2011, TSH (9059) retest strong resistant RM3.21 level.

Will it break through this resistant? Or retrace down?

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

If retrace down, RM3.15 is immediate support level or MA50 support level.

Subsequent strong support at RM3.00 which is psychology level.

Let watch closely.

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

Technical Analysis Sept 2011: YTL (4677)


YTL CORPORATION BERHAD

Observation from Chart:-


YTL
retest RM1.39 support level.

Will it consolidate above MA20 support level?
Or further retrace down retest subsequent support level?

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

If retrace down, RM1.28 is strong support level.

Let watch closely for entry opportunity.

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

Thursday, September 8, 2011

Technical Analysis Sept 2011: MFLOUR (3662)



MALAYAN FLOUR MILLS BERHAD

Observation from Chart:-

MFLOUR (3662) is forming Descending Triangle.

Will it break through upper triangle line or break down RM7.00 support?

If able break through upper triangle line, next resistant would be RM7.80 level.
If break down strong support level RM7.00, subsequent support would be RM6.30

Other indicator:-
MACD still trade at negative region, downtrend itinerary.
Stochastic %K already trigger buy call BUT pending confirmation.

Let watch closely.


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

Technical Analysis Sept 2011: TENAGA (5347)


TENAGA NASIONAL BHD

Observation from Chart:-

After huge retrace down, 7 Sept 2011,TENAGA formed a doji candlestick.

8 Sept 2011, rebound RM0.18 or 3.5%

Other indicator:-
MACD bullish touching pending crossover. BUT, still trade at negative region, it is downtrend sign.
Stochastics %K been trigger BUY call.

High probably, it might retest RM5.50 resistant or bolinger middle band.

Let watch closely.


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

Tuesday, September 6, 2011

Technical Analysis Sept 2011: GENTING (3182)




GENTING BERHAD

Observation from Chart:-

9 Sept 2011, GENTING is retest current support level RM9.40.

Will it rebound or further retrace down?

Other indicator:-
1. Reversal candlestick have been formed.
2. MACD bullish touching pending crossover BUT still at negative region, downtrend itinerary.
3. Stochastic %K already trigger buy call.

High probably, GENTING will retest RM9.96 resistant or RM10.00 psychology level.

Let watch closely for technical rebound.


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

Monday, September 5, 2011

Technical Analysis Sept 2011: TM (4863)




TELEKOM MALAYSIA BERHAD

Observation From Chart:-

5 Sept 2011, TM is forming a shooting star.

Most probably it will retrace down, retest support level.

Other indicator:-
MACD at positive region, uptrend sign.
RSI already reach overbought stage.
Stochastic %K do trigger sell call but pending confirmation.

RM4.10 is strong support level which is also MA20 / bolinger middle band support level.

Subsequent support MA50 & MA100 support level.

Let watch closely.

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

Sunday, September 4, 2011

Technical Analysis Sept 2011: PCHEM (5183)



PETRONAS CHEMICALS GROUP BERHAD


Observation from Chart:-

2 Sept 2011, PCHEM retest upper line of descending triangle.

Will it break through or retrace down?

If able break through upper triangle line, next resistant would be RM6.65 level.
If break down RM6.00 strong support level, subsequent support would be RM5.77

Other indicator:-
MACD toward bullish touching BUT still trade at negative region, downtrend itinerary.
Stochastic %K already trigger buy call BUT pending confirmation.

Let watch closely.

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

Thursday, September 1, 2011

Technical Analysis Sept 2011: GPACKET (0082)



GREEN PACKET BERHAD

Observation from Chart:-

Seem like GPACKET (0082) is trading side way & forming bolinger band squeeze.

It will retest immediate resistant RM0.75 before go higher. (On May 2011, retest RM0.75 level 2X before break through this level)

However, strong support would be RM0.61 level

Other indicator:-
Reversal candlestick been formed.
MACD still at negative region, downtrend sign.
Stochastic %K trigger buy call BUT pending confirmation.

Let watch closely.

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