Monday, October 31, 2011

Technical Analysis Oct 2011: KULIM (2003)




KULIM (MALAYSIA) BERHAD

Observation From Chart:

KULIM break through MA100 resistant.
31 Oct 2011, it do retest it as support level.

Will it go higher?

Other indicator:-
MACD moving toward positive region.
Stochastic %K reach overbought stage, pending SELL call yet.

Immediate resistant RM3.68 level.

However, if retrace down, it might retest MA50 support level.

Strong support would be RM3.46 or MA200 level.

Let watch closely.

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

Sunday, October 30, 2011

Technical Analysis Oct 2011: TEBRAU (1589)




TEBRAU TEGUH BERHAD

Observation from Chart:-

28 Oct 2011, TEBRAU retest MA200 resistant but unable break through.

Will it retrace down?

Other indicator:-
MACD trade at positive region, uptrend sign.
MACD bullish crossing been formed.
Stochastics %K been trigger BUY call.

TEBRAU will announce their quarter result around Mid of Nov 2011.
If the result above expectation, the bull run will continue.
Else, it might take a break for consolidation or further retrace down.

If retrace down, RM0.68 is current strong support level, which is MA100 & bolinger middle band.
Subsequent support would be MA50 which is around RM0.64 level.

Let watch closely.

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

Technical Analysis Oct 2011: TENAGA (5347)



TENAGA NASIONAL BHD

Observation from Chart:-

28 Oct 2011, TENAGA retest MA100 resistant but unable break through.

Will it retrace down?

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

TENAGA been announced fourth quarter net loss of RM453.90 million, the second consecutive quarter of losses on Oct 28, 2011.

High probably, it might retrace down retest support.
Immediate support is around RM5.70 level.
Subsequent support would be MA50 which is around RM5.32 level.

Let watch closely.

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

Saturday, October 29, 2011

Technical Analysis Oct 2011: BJTOTO (1562)


BERJAYA SPORTS TOTO BERHAD

Observation from Chart:-

BJTOTO is forming bolinger band squueze, which trading within RM4.16 & RM4.26 level.

On the other view, we do observed it do forming higher low but pending higher high formation.

Short term wise, it might retest RM4.32 level & retrace down retest lower triangle line. Then we may define it forming ascending triangle.

However, if break through RM4.32 level, the higher high might be formed.
A complete cycle of higher low & higher low been formed then that's confirmed an uptrend.

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

Let watch closely...

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

Wednesday, October 26, 2011

Technical Analysis Oct 2011: ZELAN (2283)





Zelan Berhad

Observation from Chart:

ZELAN have been rebound from RM0.24 low to RM0.36 level. (+RM0.12 or +50%)

25 Oct 2011, it do retest RM0.36 level but unable break through.

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

If retrace down, it might retest MA100 which is RM0.33 support level.
Subsequent support will be MA50 or RM0.30 level.

If able break through RM0.36 resistant, next resistant would be RM0.39 level.
Subsequent resistant will be RM0.43 or MA200 level.

Let watch closely for entry opportunity.

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

Technical Analysis Oct 2011: MBSB (1171)


MALAYSIA BUILDING SOCIETY BERHAD

Observation from Chart:

Since 26 Sept 2011, MBSB already start rebound from RM1.20 low.

The rebound quite strong, in between it do retest lower line triangle.

Now, it retest RM1.69 strong resistant.

Will it break through the resistant? Or retrace down?

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

It is a good entry point, if MBSB able break through RM1.69 level.

Let watch closely...

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

Monday, October 24, 2011

Technical Analysis Oct 2011: BJCORP (3395)





BERJAYA CORPORATION BERHAD

Observation from Chart:-

BJCORP consolidate above MA50.

Immediate support is MA50.
Immediate resistant around RM1.03 & RM1.05 level.

MA100 or RM1.08 is strong resistant.

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K not yet trigger BUY call.

BJCORP performed a lot of shares Buy Back, it might be some good news pending announcement.

Let watch closely for entry opportunity.

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

Sunday, October 23, 2011

Technical Analysis Oct 2011: UEM LAND (5148)


UEM LAND HOLDINGS BERHAD

Observation from Chart:-

On Oct 21, 2011 UEMLAND retest MA50 support level.

Will it break through MA50 or further retrace down?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K no trigger buy call.

Technically, it will keep coonsolidate below MA50, which is RM2.00 psychology level.

If market sentiment is bullish enough, it might break through MA50, subsequent resistant would be MA100.

Let watch closely for the break out.

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

Saturday, October 22, 2011

Technical Analysis Oct 2011: BURSA (1818)


BURSA MALAYSIA BERHAD

Observation from Chart:-

21 Oct 2011, Bursa retest MA50 resistant BUT still unable break through.

Will it break through this level?

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

Immediate resistant RM6.44 or MA50 level.
Immediate support RM6.14 or MA20 level.

In view of DownJone, NYSE etc surge higher...FBMKLCI should be gap up on coming trading day. High probably, Bursa will be break through MA50 resistant.

Let watch closely.

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

Friday, October 21, 2011

Technical Analysis Oct 2011: UOADEV (5200)




UOA DEVELOPMENT BHD

Observation from chart:-

UOADEV rebound from RM1.18 low to RM1.74 high. (+RM0.56 or +47.9%)

As today, it retest strong resistant RM1.74 & closed at RM1.59

Will it break through RM1.74?

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

Strong resistant is RM1.74
Strong support is around RM1.46 level, which is MA50 level.

High probably it will consolidate before go higher.
Let watch closely.

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

Thursday, October 20, 2011

Technical Analysis Oct 2011: HIRO (9644)



HIROTAKO HOLDINGS BHD

Observation from chart:-

HIRO rebound from RM0.57 low to RM0.835 high. (+RM0.27 or +47.8%)

As today, it retest strong resistant RM0.835 & closed at RM0.81

Will it break through RM0.835?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K been trigger SELL call.

Strong resistant is around RM0.835 level.
Strong support MA100 which is around RM0.74 level.

High probably it will retrace down retest support before go higher.
Let watch closely.

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

Technical Analysis Oct 2011: HAIO (7668)


HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO rebound from RM1.60 low.

As today, it retest MA100 level & closed at RM1.90 (+RM0.30)

Will it break through MA100?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K been trigger SELL call.

Strong resistant at MA100 which is around RM1.95 level.
Strong support at MA50 which is around RM1.78 level.

High probably will retrace down retest support before go higher.
Let watch closely.

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

Wednesday, October 19, 2011

Technical Analysis Oct 2011: BSTEAD (2771)



BOUSTEAD HOLDINGS BERHAD


Observation From Chart:

BSTEAD rebound from RM4.55 low.

As today, it closed at RM5.46 (+RM0.91)

How high will it go further?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K overbought stage.

Strong resistant at MA100 which is around RM5.59 level.
Strong support at MA50 which is around RM5.22 level.

High probably will consolidate within MA50 & MA100 before go higher.
Let watch closely.

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

Monday, October 17, 2011

Technical Analysis Oct 2011: GAMUDA (5398)



Gamuda Berhad (5398)

Observation from Chart:

GAMUDA
trade above MA50 level.

RM3.02 is current support level.

However, RM3.40 which is MA100 strong resistant level.

Other indicator:-
1. MACD moving toward positive region.
2. Stochastic %K already reach overbought stage.

High probably will have a correction or trading side way for consolidation before go higher.

Let watch closely.

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

Sunday, October 16, 2011

Technical Analysis Oct 2011: MFLOUR (3662)


MALAYAN FLOUR MILLS BERHAD

Observation from Chart:-

14 Oct 2011, MFLOUR
(3662) is retest MA100 level.

Will it break through MA100 or retrace dwon?

If able break through MA100, next resistant would be RM7.80 level.
If retrace down, immediate support at MA50 level. Subsequent support around RM7.05 level.

Other indicator:-
MACD is moving toward positive region.
Stochastic %K already already reach overbought stage.

It might be consolidate between MA50 to MA100 level, before go higher.

Let watch closely.

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

Technical Analysis Oct 2011: KFC (3492)



KFC HOLDINGS (MALAYSIA) BERHAD

Observation from Chart:

After huge retrace down, KFC retest & consolidate at RM3.18 level.

On 12 Oct 2011, successful trigger rebound.

How high will it go?

Other indicator:-
1. MACD still at negative region.
2. No reversal candlestick been formed yet.
3. Stochastic %K still on BUY call.

Immediate resistant will be around RM3.53 level

Subsequent resistant would be RM3.59 level which is MA50 level.

Let watch closely.

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

Saturday, October 15, 2011

Technical Analysis Oct 2011: AIRASIA (5099)


AIRASIA BERHAD

Observation from Chart:

AIRASIA rebound from RM2.70 to RM3.40 ( +RM0.70 or 26%) which currently retest MA50 level.

Will it break through MA50 resistant level?

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

If unable break through MA50 level, high probably will retrace down retest immediate support, RM3.21 level.

Let watch closely.

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

Friday, October 14, 2011

Technical Analysis Oct 2011: E&O (3417)



EASTERN & ORIENTAL BERHAD

Observation From Chart:

E&O is rebound from RM1.35 level.

How high will it rebound?

Other indicator:-
1. MACD bullish crossover.
2. Stochastic %K still on BUY call.

RM1.49 might be immediate resistant level which is MA50 level.

If able break through RM1.49, next resistant would be RM1.63 level.

However, if retrace down, RM1.35 is current support level.

Let watch closely.

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

Thursday, October 13, 2011

Technical Analysis Oct 2011: HUAYANG (5062)


HUA YANG BERHAD

Observation from Chart:-

HUAYANG (5062) is moving toward retest RM1.53 level again.

Will it break through this resistant? Or retrace down?

If break through RM1.53, next resistant would be RM1.60

Other indicator:-
1. MACD moving toward positive region.
2. Stochastic %K still on BUY call.

Do declared, Bonus issue of 36,000,000 new ordinary shares of RM1.00 each in Hua Yang Berhad (“HuaYang”) (“HuaYang Share(s)”) (“Bonus Share(s)”) on the basis of one (1) Bonus Share for every three (3) existing HuaYang Shares held on 28 October 2011

Most probably it will retest RM1.53 resistant & it do posible retest RM1.60 level.

Let watch closely...

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

Wednesday, October 12, 2011

Technical Analysis Oct 2011: MAGNA (7617)



MAGNA PRIMA BERHAD


Observation from Chart:-

12 Oct 2011 MAGNA (7617) retest RM0.80 level again.

It keep trying break through this strong resistant, RM0.80 level BUT unsuccessful.

If break through RM0.80, next resistant would be MA50 which is RM0.815

Other indicator:-
1. MACD at negative region, downtrend sign.
2. MACD histogram turned into RED color.
3. Stochastic %K been trigger SELL call BUT pending confirmation.

Most probably it will retrace down & retest RM0.75 support level.

Let watch closely...

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

Monday, October 10, 2011

Technical Analysis Oct 2011: PARKSON (5657)



PARKSON HOLDINGS BERHAD

Observation from Chart:-

Parkson seem like forming ascending triangle.

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

If break through the top triangle line: RM5.78 is next resistant.

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

If retrace down, immediate support would be lower triangle line.

Let watch closely.

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

Friday, October 7, 2011

Technical Analysis Oct 2011: IJM (3336)




IJM CORPORATION BERHAD

Observation from Chart:-

IJM seem like forming ascending triangle.

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

If break through the top triangle line: RM5.50 is next resistant.

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

If retrace down, immediate support would be lower triangle line.

Let watch closely.

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

Technical Analysis Oct 2011: Axiata (6888)


AXIATA GROUP BERHAD

Observation from Chart:-

On 7 Oct 2011, AXIATA (6888) is retest heavy resistant, RM4.84 level or MA50 level.

Will it break through or retrace down?

Other indicator:-
1. MACD indicator at negative region, downtrend sign.
2. Stochastic %K NO trigger sell call.

If retraced down, most probably will retest MA20 or bolinger middle band support level.
Subsequent support would be RM4.52 level.

7 Oct 2011, Axiata declared Interim Tax Exempt Dividend Under Single Tier System of 4 sen per Ordinary Share of RM1.00 each.
Ex-date: 20/10/2011

Let watch closely.

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

Thursday, October 6, 2011

Technical Analysis Oct 2011: YTLPOWR (6742)


YTL POWER INTERNATIONAL BHD

Observation from Chart:-

YTLPOWR formed a support at RM1.63 level.

If rebound, immediate resistant would be RM1.77 or MA20 level.

Subsequent resistant would be RM1.87 level.

Other indicator:-
MACD indicator remain at negative region, downtrend sign.
Stochastic %K already trigger buy call.

Let watch closely for rebound.

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

Tuesday, October 4, 2011

Technical Analysis Oct 2011: MHB (5186)


MALAYSIA MARINE AND HEAVY ENGINEERING HOLDINGS BERHAD

Observation from Chart:-

4 Oct 2011, MHB retest RM5.00 psychology level.

Will it rebound or further retrace down?

Other indicator:-
MACD indicator at negative region, downtrend sign.
No reversal candlestick been formed.
Stochastic %K at oversold stage, pending trigger buy call.

If rebound, RM5.60 is immediate resistant.
Subsequent resistant would be MA20 level.

If break down RM5.00 support, immediate support will be RM4.54 level.

Let watch closely.

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

Sunday, October 2, 2011

Technical Analysis Oct 2011: SUPERMX (7106)


SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX rebound from RM2.32 low.

How high will it rebound?

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

Immediate resistant would be RM2.70 level.

If retrace down, it might retest RM2.32 again.

Let watch closely.

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

Technical Analysis Oct 2011: WCT (9679)



WCT BERHAD

Observation from Chart:-

On 30 Sept 2011, WCT retest RM2.12 resistant but unable break up.
Added, selling pressure is quite high.

Most probably it will retrace down retest immediate support.

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

Perhaps coming budget 2012, there is any grant project that involve WCT then definitely it will rebound.

If rebound, may look for MA20 & RM2.46 resistant level.
However, if no positive news flow, it might retrace down retest RM1.86 support level.

Let watch closely...

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

Saturday, October 1, 2011

Technical Analysis Oct 2011: DIALOG (7277)



DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG rebound from RM1.84 low.

On 30 Sept 2011, it retest RM2.30 resistant level & closed at RM2.25 which is bolinger middle band.

Other indicator:-
1. MACD at negative region BUT bullish crossover.
2. Stochastic %K still at buy call sign.

Current resistant RM2.30 & RM2.41 level.

If retrace down, it might retest RM2 which is psychology level.
Or subsequent support level, RM1.84.

Let watch closely...

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

Technical Analysis Oct 2011: IOICORP (1961)


IOI CORPORATION BERHAD

Observation from Chart:

IOICORP is forming bolinger band squeeze, trade within RM4.36 & RM4.71.

RM4.71 is current resistant.
RM4.36 is current support.

Other indicator:-
1. MACD at negative region BUT is that moving toward positive region?
2. Stochastic %K still at buy call sign.

If able break through RM4.71 level with huge volume, may consider to entry.
However, if break down RM4.36 level, may consider high risk & it might be start another downtrend.

Let watch closely...

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