Technical Analysis Dec 2012: TENAGA (5347)

TENAGA NASIONAL BHD

Observation from Chart:-

TENAGA consolidate within RM6.74 & RM6.88 range.

When will it break through the band?

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

Immediate support @ MA20 / MA50 level.
Subsequent support @ MA100 level.

Immediate resistance @ RM6.88 level.
Sunsequent resistance @ RM6.98 level.

Let's watch closely.

Technical Analysis Dec 2012: FGV (5222)

FELDA GLOBAL VENTURES HLDG BHD

Observation From Chart:

FGV succed break through descending triangle.

How high will it rebound?

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

Immediate resistance @ RM4.71 level.
Subsequent resistance @ RM4.92 level.

Immediate support @ MA20 level.
Subsequent support @ RM4.53 level.

Once higher high & higher low is form, FGV will moving uptrend.
Added, FGV will be park under FTSE Bursa Malaysia KLCI.

Astro and Felda Global to replace AirAsia and MMHE on FTSE Bursa Malaysia KLCI

Souce:
http://www.themalaysianinsider.com/business/article/astro-and-felda-global-to-replace-airasia-and-mmhe-on-ftse-bursa-malaysia-klci

Let's watch closely.

Technical Analysis Dec 2012: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO retest RM2.17 resistance level again.

How about this round, will it able break through?

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

Immediate resistance @ RM2.17 level.
Subsequent resistance @ RM2.28 level.

Immediate support @ MA50 / MA20 level.
Subsequent support @ MA100 level.

If able break throuigh RM2.17, higher high been formed.

HAIO just announced Q2 result & better dividend compare last year...
Source: http://www.theedgemalaysia.com/highlights/227563-hai-o-to-declare-higher-dividend.html

Let's watch closely.

Technical Analysis Dec 2012: YTLPOWR (6742)

YTL POWER INTERNATIONAL BHD

Observation from Chart:-

YTLPOWER retest RM1.50 support level again.

It's good entry opportunity? How high will it rebound?

Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K at oversold stage, pending trigger BUY call.

Immediate resistance @ MA20 level
Subsequent resistance @ MA50 level.

If rebound, it will retest immediate resistance.
If the market sentiment bullish, it might go higher.

However, if break down RM1.50 support, it might facing high selling preasure.

Let's watch closely.

Technical Analysis Dec 2012: UOADEV (5200)

UOA DEVELOPMENT BHD

Observation from chart:-

UOADEV still unable break through RM1.77 resistance level on 3rd attempt.

Will it retest RM1.69 support level again?

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

Immediate resistance @ RM1.77 level.
Subsequent resistance @ RM1.82 level.

Immediate support @ MA20 level.
Subsequent support @ RM1.69 level.

According last two attempt, the moment unable break through RM1.77, it will retrace down to RM1.69 support.

So high probably it might retest RM1.69 level.

Let's watch closely.

Technical Analysis Dec 2012: ADVENTA (7191)

ADVENTA BHD

Observation from Chart:-

ADVENTA succeed break through RM1.92 resistance level.

How high will it go?

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

Immediate support @ RM1.92 level.
Subsequent support @ MA20 / MA50 level.

Immediate resistance @ RM2.00 psychology level.

Do watch out Q4 result, which will announce soon.

Let's watch closely...

Technical Analysis Dec 2012: KPJ (5878)

KPJ HEALTHCARE BERHAD

Observation from Chart:-

KPJ already break down MA200 support level.

How low will it go?

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

Since already break down MA200, it might be facing high selling pressure...
If rebound, may look for immediate resistance.

Immediate support @ RM5.30 level.
Immediate resistance @ MA200 level.

Let's watch closely for reversal sign...

Technical Analysis Dec 2012: DIGI (6947)

DIGI.COM BERHAD

Observation from chart:-

DIGI rebound from RM4.50 level & consolidate @ RM4.80 level.

Today, Dec 13, 2012 retest MA50 resistance level & formed doji candlestick.

Will it break through? Or retrace down?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K reach overbought stage.

High probably it might retrace down for consolidate.
Immediate support @ MA100 / MA20 level.
Subsequent support @ RM4.50 level.

Once it break through MA50 resistance, it might retest RM5.38 level.

Let's watch closely.

Technical Analysis Dec 2012: SKPETRO (5218)

SapuraKencana Petroleum Berhad (5218)

Observation from Chart:

SKPETRO succeed break through RM2.93 resistance.

How high will it go?

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

Higher high & higher low been firmed, uptrend will continue.
If retrace down, it might be good opportunity.

Immediate support @ RM2.93 level.
Subsequent support @ MA50 / MA100 level.

Let's watch closely.

Technical Analysis Dec 2012: GASMSIA (5209)

GAS MALAYSIA BERHAD

Observation From Chart:-

GASMSIA (5209) retest RM2.58 support level again.

Will it rebound?

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

Immediate support @ RM2.58 level.
Immediate resistance @ RM2.64 level.

High probably will consolidate within RM2.58 & RM2.64 range.
If break down RM2.58 support, it might facing high selling pressure.

Let's watch closely.

Technical Analysis Dec 2012: YTL (4677)

YTL CORPORATION BERHAD

Observation from Chart:-

YTL succeed break through RM1.79 resistance level.

How high will it go?

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

Immediate resistance @ RM1.84 level.
Subsequent resistance @ RM1.90 level.

Immediate support @ RM1.79.
Subsequent support @ RM1.74

Let's watch closely.

Technical Analysis Dec 2012: AXIATA (6888)

AXIATA GROUP BERHAD

Observation from Chart:-

AXIATA (6888) is retest strong resistance, RM6.00 psychology level.

Will it break through ?

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

If able break through, higher high will be formed, uptrend is firmed.
If retrace down, most likely it will retest RM5.80 support level.
Subsequent support @ RM5.60 level.

Let's watch closely.

Technical Analysis Dec 2012: PCHEM (5183)

PETRONAS CHEMICALS GROUP BERHAD

Observation from Chart:-

PCHEM break down RM6.31 strong support level & retrace down as much as 10% ++

3 Dec 2012, closed @ RM5.66 level.

Will it go down future? Or technical rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K oversold stage but No BUY call yet.

There is a support @ RM5.65 & RM5.55 level.
High probably it migh consolidate or technical rebound @ this level.

Immediate resistace @ RM5.76 level.
Subsequent resistance @ RM5.86 level.

Let's watch closely.

Technical Analysis Dec 2012: OSK (5053)

OSK HOLDINGS BERHAD

Observation from Chart:-

OSK (5053) retest ascending triangle support level.
Everyyime retest this support, it will rebound.

How about this round, will it rebound?

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

If rebound, it might retest RM1.52 level.
If break down, might encounter high selling pressure.
Next support @ RM1.38 level.

Let's watch closely.

Technical Analysis Dec 2012: BJTOTO (1562)

BERJAYA SPORTS TOTO BERHAD

Observation from Chart:-

BJTOTO rebound from MA200 support level & break through strong resistance RM4.47 level.

How high will this bull run go?

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

As long as no reversal sign, it will go higher.

If retrace down, immediate support @ RM4.47 level.
Subsequent support @ MA20 / MA50 level.
 
Do watch out coming quarter result, which will announce around mid of Dec.
Perhaps the result will kick off the bull run.

Let's watch closely

Technical Analysis Nov 2012: MFLOUR (3662)

MALAYAN FLOUR MILLS BERHAD

Observation from Chart:-

MFLOUR (3662) break down RM1.345 support level.

How low will it go?

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

High probably it might further retrace down.
Immediate support would be RM1.17 level.

If rebound, immediate resistance level would be MA20, RM1.345 level.
Subsequent resistance, RM1.41 level.

Let's watch closely.

Technical Analysis Nov 2012: BAHVEST (0098)

BORNEO AQUA HARVEST BHD

Observation from Chart:

BAHVEST (0098) succeed break through ascending triangle resistance level.

How high will it go?

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

Since already break through strong resistance, higher high been formed.

If retrace down, may watch for:-
Immediate support @ RM0.725 level.
Subsequent support @ MA20 level.

Let's watch closely...

Technical Analysis Nov 2012: CYPARK (5184)

CYPARK RESOURCES BERHAD

Observation from Chart:

CYPARK keep retest RM1.55 support level.

Will it rebound? Or break down?

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

Immediate support @ RM1.55
Subsequent support @ RM1.51 level.

Immediate resistance @ MA20 level.
Subsequent resistance @ RM1,61 level.

Let's watch closely...

Technical Analysis Nov 2012: YTL (4677)

YTL CORPORATION BERHAD

Observation from Chart:-

YTL forming bolinger band squeeze within RM1.69 & RM1.79 range.

How about this round, will it break through RM1.79?

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

If the bull strong enough, it might break through RM1.79 & go higher.
Subsequent resistance @ MA100, which is RM1.81 level.

If retrace down, MA20 / MA50 would be immediate support.
Subsequent support @ RM1.69

Let's watch closely.

Technical Analysis Nov 2012: KULIM (2003)

KULIM (MALAYSIA) BERHAD

Observation From Chart:

KULIM retest MA200 support level.

Will it rebound?

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

Immediate resistant MA50 level.
Subsequent resistance MA20 level.

Immediate support MA200 level.
Subsequent support would be RM4.56 level.

At this moement still NO buy call, high probability it will retest RM4.56 level before rebound.

Let's watch closely.

Technical Analysis Nov 2012: YTLPOWR (6742)

YTL POWER INTERNATIONAL BHD
Observation from Chart:-

YTLPOWER retest RM1.52 support level & rebound?

How high will it rebound?

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

Immediate resistance @ MA20 level
Subsequent resistance @ MA50 level.
High probability it will retest immediate resistance.
If the market sentiment bullish, it might go higher.

If break down RM1.52 support, it might facing high selling preasure.

Let's watch closely.

Technical Analysis Nov 2012: GASMSIA (5209)

GAS MALAYSIA BERHAD

Observation From Chart:-

GASMSIA (5209) retest RM2.66 support level?

Will it rebound?

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

Immediate support @ RM2.66 level.
Subsequent support @ MA20 / MA50.

Immediate resistance @ RM2.70 level.
Subsequent resistance @ RM2.75 level.

Let's watch closely.

Technical Analysis Nov 2012: MPHB (3859)

MULTI-PURPOSE HOLDINGS BERHAD

Observation from Chart:-

MPHB succeed break through ascending triangle.

How high will go?

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

High probability it migh retest RM3.89 level.

If retrace down, immediate support @ RM3.68 level.
Subsequent support @ MA20 & MA50 level.

Let's watch closely...

Technical Analysis Nov 2012: GENTING (3182)

GENTING BERHAD

Observation from Chart:-

GENTING is retest MA20 / MA100 support level.

Will it rebound?

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

If rebound, RM9.50 would be immediate resistance level.
If break down, next support would be RM9 psychology support.

Let's watch closely.

Technical Analysis Nov 2012: POS (4634)

POS MALAYSIA BHD

Observation From Chart:-

POS (4634) retest MA100 support level & rebound.

How high will it rebound?

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

Immediate resistance @ MA20, which is RM3.05 level.
Subsequent resistance would be MA50 level.

Immediate support @ MA100, which is RM2.94 level.
Subsequent support @ RM2.80 level.

High posibility it will retest MA20 resistance level.

Let's watch closely.

Technical Analysis Nov 2012: TM (4863)

TELEKOM MALAYSIA BERHAD

Observation From Chart:-

TM keep consolidate & retest RM5.55 support level.

Will it rebound?

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

If technical rebound, high posibility will retest MA20 resistance level, whiich is RM5.85 level.
Subsequent resistance would be MA50 level.

Immediate support @ RM5.55 level.
Subsequent support @ MA200, which is around RM5.30 level.

Let's watch closely.

Technical Analysis Nov 2012: AIRASIA (5099)

AIRASIA BERHAD

Observation from Chart:

AIRASIA is forming head & shoulder? Or double bottom?

Will it break down RM2.85 support level?

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

Immediate support @ RM2.85 level.
Subsequent support @ RM2.65 level.

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

Let's watch closely.

Technical Analysis Nov 2012: ANNJOO (6556)

ANN JOO RESOURCES BERHAD

Observation from Chart:

ANNJOO retest RM1.43 support level.

Will it rebound?

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

If rebound, high probably it will retest MA100 resistance level.
if break down the support, subsequent support would be MA50 level.

Let's watch closely...

Technical Anlaysis Nov 2012: BOILERM (0168)

BOILERMECH HOLDINGS BHD

Observation from chart:-

BOILERM retest MA20 support level.

Will it rebound?

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

If rebound, it will retest RM0.90 resistace level.
If break down MA20, subsequent support @ MA50 level.

Do watch out, insider been acquire the stock in huge volume...

Let's watch closely.

Technical Analysis Nov 2012: E&O (3417)

EASTERN & ORIENTAL BERHAD

Observation From Chart:

E&O succeed break through bolingger band squeeze.

How high will it go?

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

Immediate resistance @ RM1.70 level.
Subsequent resistance @ RM1.80 level.

Immediate support @ MA20
Subsequent support @ MA50

Let's watch closely.

Technical Analysis Nov 2012: NAIM (5073)

NAIM HOLDINGS BERHAD

Observation from Chart:-

NAIM have been retrace down from RM2.03 high to RM1.95 support level.

Will it rebound?

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

If rebound, immedite resistance would be RM2.03 level.
If break down RM1.95, subsequent support @ RM1.92 level.

As long as it can keep the higher high & higher low momentum, uptrend will be continue...

Let's watch closely.

Technical Analysis Nov 2012: SEG (9792)

SEG INTERNATIONAL BHD

Observation from Chart:-

SEG retrace from RM2.15 high & retest RM1.95 support.

Will it rebound?

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

Immediate support @ RM1.95 level.
Subsequent support @ MA200 level, which is RM1.89 level.

Immediate resistance @ MA50 level, which is around RM2.01
Subsequent support @ MA20 level, which is around RM2.06

Let's watch closely.

Technical Analysis Nov 2012: DIJACOR (5401)

DIJAYA CORPORATION BHD

Observation from chart:-

DIJAYA is consolidate between RM1.00 & RM1.08 level.

Will it break through RM1.08 level?

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

If there is positive news flow, it might break through RM1.08 & formed higher high.
If no, it might keep consolidate within the range.

Immediate resistance @ RM1.08
Subsequent resistance @ RM1.10 (MA200 level)

Immediate support @ MA50 & MA100
Strong support @ RM1.10

Let's watch closely.

Technical Analysis Nov 2012: MUDAJAYA (5085)

MUDAJAYA GROUP BERHAD

Observation from Chart:-

MUDAJAYA forming symmetrical triangle.

When will it break out?

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

Due to uncertainly, it would be better wait for break out confirmation.

If break up, bull run will kick off.
However, it break down the support, potential facing high selling preasure.

Let's watch closely.

Technical Analysis Oct 2012: DIALOG (7277)

DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG consolidate within RM2.35 & RM2.42 range.

When will it break through bolinger band squeeze?

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

Immediate resistance @ RM2.42 level.
Immmediate support @ RM2.35 level.

High possibility it may break the resistance & go higher.

If break the resistance, subsequent resistance @ RM2.46 level.
If break the support, subsequent support would be RM2.30 level.

Let's watch closely.

Technical Analysis Oct 2012: MYEG (0138)

MY E.G. SERVICES BERHAD

Observation from Chart:-

MYEG succeed break through descending triangle resistance level.

How high will it go?

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

Immediate resistance would be RM0.79 level.
If able break through RM0.79, higher high been confirm, probably it may retest RM0.86 level.
However, if retrace down, MA20 / MA50 would be immediate support.

Let's watch closely

Technical Analysis Oct 2012: BJTOTO (1562)

BERJAYA SPORTS TOTO BERHAD

Observation from Chart:-

BJTOTO rebound from RM4.38 support level.

Will it break through RM4.47 resistance level?

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

High probably it will retest RM4.47 level.
If the bull strong enough, it might break through & formed higher high.
If retrace down, immediate support @ MA20 level.

Do watch out coming quarter result, which will announce around mid of Nov.
Perhaps the result will kick off the bull run.

Let's watch closely

Technical Analysis Oct 2012: PUNCAK (6807)

PUNCAK NIAGA HOLDINGS BHD '

Observation from Chart:-

PUNCAK (6807) keep consolidate within RM1.28 & RM1.40 range & forming bolinger band squeeze.

When will it break through the band?

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

High posiblity will continue consolidate within the band.

Immediate resistance @ RM1.37 level.
Strong resistance @ RM1.40 level.

Immediate support @ MA20 level.
Strong support @ RM1.28 level.

Let's watch closely for the break out.

Technical Analysis Oct 2012:TAKAFUL (6139)

SYARIKAT TAKAFUL MALAYSIA BHD

Observation from Chart:-

TAKAFUL (6139) forming bullish reversal?

How high will it go?

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

This round technical rebound, most posiblity will retest MA20 resistance level.
If strong rebound, subsequent resistance would be MA50 level.

However, if retrace down, it will retest RM4.65 support level.
Subsequent support @ MA200 level.

Let's watch closely.

Technical Analysis Oct 2012: BJCORP (3395)

BERJAYA CORPORATION BERHAD

Observation from Chart:-

BJCORP forming ascending triangle pattern.

Will it break through the resistance?

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

High posiblity will consolidate @ support level.
If rebound, upper triangle would be immediate resistance level.

Let's watch closely.

Technical Analysis Oct 2012: UOADEV (5200)

UOA DEVELOPMENT BHD

Observation from chart:-

UOADEV keep retest MA50 resistance level.

Will it break through the resistance?

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

Immediate resistance @ MA50 level.
Subsequent resistance @ RM1.82 level.

Strong support @ MA20 level.
Subsequent support @ MA100 level.

Volume of acquire is there.
High probably, it will break through MA50 soon.

Do watch out Q3 result which will be announce around Nov 2012.

Let's watch closely.

Technical Analysis Oct 2012: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO succeed break through MA200 resistance level.

What's next?

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

Immediate resistance @ RM2.23 level.
Subsequent resistance @ RM2.35 level.

Immediate support @ MA200 level.
Subsequent support @ MA100 / MA20 level.

Higher high been formed, watch out for higher low.

Let's watch closely.

Technical Analysis Oct 2012: AFG (2488)

ALLIANCE FINANCIAL GROUP BHD (2488)

Observation from Chart:

AFG retest RM4 psychology support level.

Will it rebound or break down this support?

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

If break down psychology support, subsequent support would be MA200 level.
However, if rebound, MA20 would be immediate resistance.
Subsequent resistance @ MA50, which is RM4.15 level.

Let's watch closely.

Technical Analysis Oct 2012: ANNJOO (6556)

ANN JOO RESOURCES BERHAD

Observation from Chart:

ANNJOO keep consolidate & trading sideway since End of Sept, 2012.

Will it break through MA20 resistance level?

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

It has been oversold & take a quite long duration for consolidate.
High probably it will technical rebound.
Once break through MA20, MA50 would be next resistance level, which is around RM1.43 level.

Immediate support @ RM1.31 level.

Let's watch closely...

Technical Analysis Oct 2012: MRCB (1651)

MALAYSIAN RESOURCES CORP BHD

Observation from Chart:

MRCB retest MA50 resistance level.

Will it break through?

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

Immediate support @ MA20 level.
Subsequent support @ RM1.54

If succeed break through, MA100 would be subsequent resistance, which is around RM1.70 level.

Let's watch closely.

Technical Analysis Oct 2012: 3A (0012)

Three-A Resources Berhad (3A)

Observation From Chart:

4 Sept 2012, 3A break down RM1.12 descending triangle support level & consolidate @ RM0.985 level.

Now retest RM1.12 resistance again, will it break through RM1.12 level?

Other indicator:-
MACD trade @ negative region, downtrend itinerary.
Stochastic %K trigger BUY call, pending confirmation.

Immediate resistance @ triangle line
Subsequent resistance @ MA100, which is RM1.12 level.

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

Let's watch closely.

Technical Analysis Oct 2012: DRBHCOM (1619)

DRB-HICOM BERHAD

Observation from Chart:-

DRBHCOM is forming Descending Triangle.

Will it break up?

Other indictor:-
MACD trade at negative region, downtrend sign.
Stochastics %K pending trigger BUY call.

Immediate support would be RM2.33 level.
If the bull strong enough, it might break through upper triangle line & forming higher high.

Let's watch closely.

Technical Analysis Oct 2012: TSH (9059)

TSH RESOURCES BERHAD

Observation from Chart:-

11 Oct 2012, TSH (9059) retest MA200 resistance level.

Will it break through & go higher?

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

If the bull strong enough, it might break through & go higher.
Strong resistance would be MA50 / MA100, which is around RM2.41 level.

Immediate support @ MA20 level.
Subsequent support @ RM2.16 level.

Let's watch closely.

Technical Analysis Oct 2012: CIMB (1023)

CIMB GROUP HOLDINGS BERHAD

Observation From Chart:

CIMB formed double bottom @ RM7.28 level.

How high will it go?

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

High probably will retest immediate resistance, RM7.90 level.
If retrace down, MA50 would be immediate support level.
Subsequent support @ MA20 level.

Let's watch closely.