Tuesday, November 29, 2011

Technical Analysis Nov 2011: GENM (4715)


GENTING MALAYSIA BERHAD

Observation from Chart:

As today, 29 Nov 2011 GENM is retest RM3.90 resistance level.

Will it break through this resistance?

Other indicator:-
1. MACD at positive region, uptrend sign.
2. No reversal candlestick been formed.
3. Stochastic %K trigger BUY call.

High probably it will break through the resistance.
If retrace down, RM3.77 is immediate support level.

Let watch closely...

Monday, November 28, 2011

Technical Analysis Nov 2011: KUB (6874)


KUB MALAYSIA BERHAD

Observation from Chart:-

On 25 Nov 2011, KUB formed a doji candlestick.

Will it rebound? Or further consolidate?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K NO trigger buy call yet.

It might trading side way.

If able break through RM0.68 resistance, subsequent resistance would be RM0.74 level.
If retrace down, RM0.61 is immediate support.

Let watch closely.

Sunday, November 27, 2011

Technical Analysis Nov 2011: IJM (3336)


IJM CORPORATION BERHAD

Observation from Chart:-

On 23 Nov 2011, IJM break down parallel line support.

Volume of dispose were seen on three consecutive days.

What's next support level?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K NO trigger buy call yet.

High probably will retest RM5.38 support level.
If rebound MA100 is current resistance level.

Let watch closely.

Technical Analysis Nov 2011: TOPGLOVE (7113)


TOP GLOVE CORPORATION BERHAD

Observation from chart:

TOPGLOVE trade above MA50 support level & retest MA20 resistance level.

Will it break through MA20?

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

If break through MA20 level, it might retest MA100 resistance level.
If retrace down, MA50 is immediate support.
Subsequent support, RM3.86 level.

Let watch closely...

Saturday, November 26, 2011

Technical Analysis Nov 2011: TENAGA (5347)


TENAGA NASIONAL BHD

Observation from Chart:-

TENAGA trade below MA50 support level.

High probably will go lower.

How low will it go?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastics %K still on SELL call.

Strong support is RM5 psychology level.
Strong resistance would be MA50 level.

Let watch closely.

Thursday, November 24, 2011

Technical Analysis Nov 2011: HAIO (7668)


HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO consolidate between RM1.80 to RM1.90 level & forming bolinger band squeeze.

When will it break through the band?

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

Immediate resistance @ RM1.90 level.
Immediate support @ RM1.80 level.

If breakout the squeeze,
strong resistance around RM2.02 or MA200 level.
strong support around RM1.73 level.

Let watch closely for breakout.

Technical Analysis Nov 2011: KEURO (3565)


KUMPULAN EUROPLUS BERHAD

Observation from Chart:-

KEURO is forming ascending triangle.

Will it break through upper triangle line, RM1.12 level?

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

It might retest RM1.12 resistance level.
If the bull is strong enough, it might break trough this resistance.

Most traders will enter into long positions when the price of the asset breaks above the top resistance, RM1.12 level.

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

KEURO will declare Q3 result around end of Dec 2011.
If above expectation, the bull run will continue.
Else, it might re-act another way.

Let watch closely.

Wednesday, November 23, 2011

Technical Analysis Nov 2011: MISC (3816)


MISC BERHAD

Observation from Chart:-

MISC retest 2X RM6.00 psychology level & rebound.

How high will it rebound?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K already trigger BUY call.

High probably it will be technical rebound.
RM6.40 is the immediate resistance level, MA50 level.

Let watch closely...

Technical Analysis Nov 2011: BJTOTO (1562)


BERJAYA SPORTS TOTO BERHAD

Observation from Chart:-

BJTOTO is forming symmetrical triangle?

On 23 Nov 2011, BJTOTO formed doji candlestick.

Is that a reversal sign?

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

High probably it will be technical rebound.
RM4.24 is the immediate resistance level.

Let watch closely...

Tuesday, November 22, 2011

Technical Analysis Nov 2011: KFC (3492)


KFC HOLDINGS (MALAYSIA) BERHAD

Observation from Chart:

KFC is forming descending triangle.

What will be next?

Other indicator:-
1. MACD still at negative region.
2. Reversal candlestick been formed.
3. Stochastic %K trigger on BUY call, pending confirmation.

Immediate resistance will be Upper Descending Trend Line
Subsequent resistant would be RM3.60 level which is MA100 level.

If retrace down, RM3.30 is current strong support level.
Subsequent support would be RM3.17 level.

Let watch closely.

Monday, November 21, 2011

Technical Analysis Nov 2011: KENCANA (5122)


KENCANA PETROLEUM BERHAD

Observation from Chart:-

21 Nov 2011,KENCANA (5122) is retest MA20 support level again.

Will it rebound or break down the support?

Other indicator:-
1. MACD breaish touching, pending crossover.
2. Stochastic %K been trigger SELL call.

If break down MA20 support level, subsequent support would be MA50 level.
If rebound, MA100 is immediate resistance level.

Let watch closely.

Sunday, November 20, 2011

Technical Analysis Nov 2011: MRCB (1651)


MALAYSIAN RESOURCES CORP BHD

Observation from Chart:

18 Nov 2011, MRCB have been break down ascending triangle support level.

How low will it go?

Other indicator:
MACD still at positive region, uptrend itinerary
Stochastic %K still at SELL call.

Strong support @ RM1.95
Subsequent support MA50 level.

If rebound, it might retest MA100 & RM2.10 resistance.

Let watch closely.

Saturday, November 19, 2011

Technical Analysis Nov 2011: KPJ (5878)


KPJ HEALTHCARE BERHAD

Observation from Chart:-

18 Nov 2011, KPJ break through RM4.23 resistance level.

What's next?

Other indicator:
No reversal candlestick been formed.
MACD moving toward positive region.
Stochastic %K indicator still on buy call yet.

High probably will retest MA100 resistance level, which is around RM4.32

If able break through MA100 resistance, subsequent resistance would be RM4.43 level.
However, if retrace down, it might retest MA50 support level.

Let watch closely...

Technical Analysis Nov 2011: DIALOG (7277)


DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG facing strong resistance at MA100 level.

Already 2X attempt MA100 but unable break through.

What's next?

Other indicator:-
1. No reversal candlestick been formed.
2. MACD at positive region, uptrend sign.
3. Stochastic %K still at buy call sign.

Immediate resistance MA100 level.
Sussequent resistance RM2.55 level

Immmediate support MA20 level.
Subsequent support MA50 level.

It keep consolidate & trading side way.
There is sign of forming bolinger band squeeze.

Let watch closely for break out...

Thursday, November 17, 2011

Technical Analysis Nov 2011: CIMB (1023)


CIMB GROUP HOLDINGS BERHAD

Observation From Chart:

17 Nov 2011, CIMB break down the RM7.00 psychology support level.

How low will it go?

Other indicator:-
1. No reversal candlestick been form.
2. MACD moving toward negative region, downtrend sign.
3. Stochastics %K reach oversold stage but NO trigger buy call yet.

High probably will retest immediate support, RM6.60 level.
If rebound, MA50 would be immediate resistance.

Let watch closely for entry opportunity.

Monday, November 14, 2011

Technical Analysis Nov 2011: MYEG (0138)


MY E.G. SERVICES BERHAD

Observation from Chart:-

MYEG is consolidate between RM0.61 & RM0.65 level.

Now, it is forming bolinger band squeeze.

Will it break through MA100 resistance level?

Other indicator:-
1. MACD moving toward positive region, uptrend sign.
2. MACD bullish crossing.
3. Stochastic %K been trigger BUY call.

From the buying volume, most probably will break through the resistance.

Subsequent resistance would be RM0.71 which is MA200 level.

If retrace down, may look for MA50 support, RM0.62 level.

Let watch closely...

Sunday, November 13, 2011

Technical Analysis Nov 2011: BIMB (5258)


BIMB HOLDINGS BERHAD

Observation From Chart:-

On 6 Oct 2011, BIMB succesful break through descending line with huge volume.

Now, it was consolidate within RM1.90 to RM2.07 level.
Other indicator:-
1. MACD trade at negative region, uptrend sign.
2. Stochastic %K not yet trigger buy call.

RM1.90 is MA50 support level.

We do need to watch out RM2.00 psychology level which is current MA100 resistance level.

If able break up this level, RM2.07 is the next resistance.

Let watch closely for entry opportunity.

Technical Analysis Nov 2011: HUAYANG (5062)


HUA YANG BERHAD

Observation from Chart:-

HUAYANG (5062) keep retest RM1.14 level again.

Will it rebound or break down the support?

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

If break down RM1.14 level, MA50 & MA100 is immediate support level.
If rebound, RM1.21 is immediate resistant level.

Let watch closely...

Saturday, November 12, 2011

Technical Analysis Nov 2011: AEONCR (5139)



AEON CREDIT SERVICE (M) BERHAD

Observation from Chart:-

8 Nov 2011, AEONCR successful break through srong resistance RM4.99 level.

Subsequent few days, it keep hugging bolinger upper band go higher.

How high will it go?

Other indicator:-
MACD at positive region, uptrend itinerary.
Stochastic %K still on BUY call, but already reach overbought stage.

Once reversal candlestick been formed, may consider take profit.
If retrace down, RM4.99 is strong support level.

Let watch closely.

Friday, November 11, 2011

Technical Analysis Nov 2011: BURSA (1818)






BURSA MALAYSIA BERHAD

Observation from Chart:-

BURSA retest MA20 support level.

Will it rebound or break down this level?

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

Immediate resistant RM6.78 level.
Subsequent resistant RM6.87 or MA100 level.

Immediate support RM6.54 or MA20 level.
Subsequent support RM6.40 level.

If market sentiment is positive, BURSA should be rebound.
Let watch closely.

Thursday, November 10, 2011

Technical Analysis Nov 2011: YTL (4677)





YTL CORPORATION BERHAD

Observation from Chart:-


YTL retest RM1.53 resistant level but unable break through it.

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

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

If retrace down, RM1.41 is strong support level.

Let watch closely for entry opportunity.

Wednesday, November 9, 2011

Technical Analysis Nov 2011: AXIATA (6888)


AXIATA GROUP BERHAD

Observation from Chart:-

On 9 Nov 2011, AXIATA (6888) is retest strong resistant, RM4.97 level.

Will it break through or retrace down?

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

If break through RM4.97, next resistant would be RM5.06 level.

If retraced down, most probably will retest MA100, which is RM4.82 level.
Subsequent support would be MA50 which is RM4.70 level.

Let watch closely.

Monday, November 7, 2011

Technical Analysis Nov 2011: GENTING (3182)


GENTING BERHAD

Observation from Chart:-

4 Nov 2011, GENTING retest current resistant level RM10.82.

Will it break through or retrace down?

Other indicator:-
1. NO reversal candlestick have been formed.
2. MACD at positive region, uptrend itinerary.
3. Stochastic %K already trigger BUY call.

If market sentiment positive, high probably GENTING will break through RM10.82 resistant & retest subsequent resistant RM11.32 level.
However, if retrace down, RM10.16 is strong support level, which is MA100 level.

Let watch closely.

Sunday, November 6, 2011

Technical Analysis Nov 2011: DIGISTA (0029)


DIGISTAR CORPORATION BERHAD

Observation from chart:-

DIGISTA is consolidate between RM0.395 & RM0.425 level, forming bolinger band squeeze.

Will it break through or break down?

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

Immediate resistant would be RM0.425 level.
Do watch out "strong" resistant at RM0.44 level, which is MA100 level.
Immediate support would be RM0.395 level.

KSL will annouce their quarterly result soon.
If the result above expectation, it might hugging bolinger upper band go higher.
However, if below exepctation, market will react the other way round.

Let watch closely.

Technical Analysis Nov 2011: KSL (5038)



KSL HOLDINGS BERHAD

Observation from chart:-

4 Nov 2011, KSL already successful break through MA50 resistant level.

How high will it go?

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

Immediate resistant would be RM1.54 level.
Immediate support would be MA50 level.

KSL will annouce their quarterly result on next two week.
If the result above expectation, the bull run will continue.
However, if below exepctation, market will react the other way round.

Let watch closely.

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

Saturday, November 5, 2011

Technical Analysis Nov 2011: BJCORP (3395)



BERJAYA CORPORATION BERHAD

Observation from Chart:-

BJCORP is trading side way & forming boliner band squeeze.

RM1.05 is immediate resistant.
RM0.99 is immdieate support.

Will it break through Rm1.05 resistant?


Other indicator:-
MACD trade at 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.

It have posiblity break through RM1.05 resistant.
Do need to watch out strong resistant at MA100 & MA200.

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 Nov 2011: BSTEAD (2771)



BOUSTEAD HOLDINGS BERHAD

Observation From Chart:

After huge rebound from RM4.55 low, BSTEAD keep consolidate around RM5.30 level.

Will it retest MA200 resistant?

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

Strong resistant at MA200 which is around RM5.62 level.
Strong support at MA50 which is around RM5.23 level.

High probably will retest MA200 level soon.
Let watch closely.

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

Thursday, November 3, 2011

Technical Analysis Nov 2011: E&O (3417)




EASTERN & ORIENTAL BERHAD

Observation From Chart:

E&O is retest MA200 support level.

Will it rebound? Or break through this support?

Other indicator:-
1. MACD bearish touching, pending crossover.
2. MACD trade at negative region, downtrend sign.
3. Stochastic %K still on SELL call.

If break down MA200 support, next support would be RM1.34 level.

However, if rebound, RM1.50 is current resistant level.

Let watch closely.

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

Wednesday, November 2, 2011

Technical Analysis Nov 2011: SUPERMX (7106)


SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX keep retest MA200 resistant level.

Will it break through this strong resistant?

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

It might retrace down for correction or consolidate at this level before go higher.

However, strong support at RM3.30, which is MA100 level.

On 1 Nov 2011, SUPERMAX proposed bonus issue of 340,077,440 new Supermax Shares to be credited as fully paid-up on the basis of one (1) Bonus Share for every one (1) existing Supermax Share held on an entitlement date to be determined later.

Let watch closely.

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