Tuesday, January 31, 2012

Technical Analysis Feb 2012: GENM (4715)


GENTING MALAYSIA BERHAD

Observation from Chart:

31 Jan 2012, GENM succeed break through the bolinger band with huge volume.

How high will it go?

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

It might be hugging bolinger upper band go higher high.

If retrace down, RM4.00 psychology level is immediate support level.
However, RM3.93 would be strong support level.

Let watch closely...

Technical Analysis Jan 2012: MUDAJAYA (5085)


MUDAJAYA GROUP BERHAD

Observation from Chart:-

MUDAJAYA trade above MA20 support level.

26 Jan 2012, it do retest RM2.44 support & rebound.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend stock.
RSI & Stochastic %K moving toward oversold stage.

If retrace down RM2.44 is immediate support level.
Subsequent support @ MA20 level.

If go higher, strong resistance @ RM2.79 level, which is MA200 level.

Let watch closely.

Sunday, January 29, 2012

Technical Analysis Jan 2012: CIMB (1023)


CIMB GROUP HOLDINGS BERHAD

Observation From Chart:

25 Jan 2012, CIMB break down MA50 support level & retest RM7.00 psychology support level.

Unfortunately, 26 Jan 2012, it do break down 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, RM6.80 level.
Subsequent support @ RM6.65 level.

If rebound, MA50 would be immediate resistance.

Let watch closely for entry opportunity.

Saturday, January 28, 2012

Technical Analysis Jan 2012: SUPERMX (7106)


SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX retrace down from RM2.32 & retest MA20 support level.

Reversal candlestick been formed, will it rebound?

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

If rebound, it might retest RM2.32 resistance level.
Immediate support @ MA20 level.
Subsequent support @ RM2 psychology level.
However, strong support at MA50 level.

Let watch closely.

Wednesday, January 25, 2012

Technical Analysis Jan 2012: GENM (4715)


GENTING MALAYSIA BERHAD

Observation from Chart:

Since Oct 2011, GENM keep consolidate & forming bolinger band squeeze.

On 25 Jan 2012, GENM rebound from MA20 / MA50 support level.

Will it break through RM3.92 resistance level?

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

High probably it will break through the resistance.

If retrace down, MA20 / MA50 is immediate support level.
However, RM3.77 is strong support level.

Let watch closely...

Tuesday, January 24, 2012

Technical Analysis Jan 2012: YTL (4677)


YTL CORPORATION BERHAD

Observation from Chart:-

YTL is forming ascending triangle pattern.

20 Jan 2012, YTL retest RM1.54 resistant level.

Will it break through the resistance? Or further consolidate?

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

If retrace down, lower triangle line will be strong support level.

Let watch closely for entry opportunity.

Technical Analysis Jan 2012: HAPSENG (3034)


HAP SENG CONSOLIDATED BERHAD

Observation from Chart:-

20 Jan 2012, HAPSENG retest MA20 support level.

Will it break through RM1.65 resistance?

Other indicator:-
1. Reversal candlestick have been formed.
2. MACD at positive region, uptrend itinerary.
3. Stochastic %K trigger BUY call, pending confirmation.

If market sentiment positive, high probably HAPSENG will break through RM1.65 resistance, which we may confirm another wave of uptrend. (higher low & higher high)

If retrace down, immediate support @ MA20 level.

Let watch closely.

Saturday, January 21, 2012

Technical Analysis Jan 2012: KSL (5038)


KSL HOLDINGS BERHAD

Observation from chart:-

KSL keep consolidate within RM1.36 to RM1.45 level & forming bolinger band squeeze.

When will it break through?

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

High probably will retest RM1.45
If bull strong enough, this is the time for it break through the resistance.

Immediate resistance would be RM1.45 level.
Immediate support would be RM1.36 level.

Let watch closely.

Thursday, January 19, 2012

Technical Analysis Jan 2012: TM (4863)




TELEKOM MALAYSIA BERHAD

Observation From Chart:-

19 Jan 2012, TM is forming a bullish engulfing

Will it break through MA20 resistance ?

Other indicator:-
MACD at positive region, uptrend sign.
RSI already reach oversold stage.
Stochastic %K do trigger BUY call.

High probably will retest RM5 level.
MA50 is strong support level.

Let watch closely.

Wednesday, January 18, 2012

Technical Analysis Jan 2012: RAMUNIA (7206)


RAMUNIA HOLDINGS BERHAD

Observation from Chart:-

18 Jan 2012, Ramunia succeed break through MA50 resistance level with huge volume.

Will it break through next resistance, RM0.405 level?

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

High probably will retest RM0.405 level.
If the bull strong enough, it might break through RM0.405 level & go higher.
Immediate support @ MA50 level.

Let watch closely for entry opportunity...

Monday, January 16, 2012

Technical Analysis Jan 2012: UOADEV (5200)



UOA DEVELOPMENT BHD

Observation from chart:-

16 Jan 2012,UOADEV succeed break through bolinger band squeeze.

How high will it go?

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

Immediate resistance, RM1.60 level.
Subsequent resistance, RM1.72 level.
Strong support is MA50 & MA100 level.

If the bull strong enough, it might retest RM1.72 level.
Else, it might retrace down, retest support.

Let watch closely.

Sunday, January 15, 2012

Technical Analysis Jan 2012: HLBANK (5819)


HONG LEONG BANK BERHAD

Observation from Chart:-

Since 19 Oct 2011, HLBANK keep consolidate but unable break through MA200 resistance level.

On 13 Jan 2012, HLBANK retest MA20 zupport level.

Will it rebound & break through MA200 resistance?

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

High probably will retest MA200 level again.
If the bull strong enough, it might break through MA200 level.
Else, it might retest MA20 support level.

Let watch closely.

Saturday, January 14, 2012

Technical Analysis Jan 2012: PARKSON (5657)


PARKSON HOLDINGS BERHAD

Observation from Chart:-

Since Oct 2011, PARKSON keep consolidate within RM5.40 & RM5.70 level.

On 14 Jan 2012, PARKSON retest RM5.70 strong resistance.

Will it break through the resistance?

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

High probably will break through RM5.70 resistance & go higher.
Next resistance would be RM5.95 level.

If retrace down, immediate support RM5.40 level.

Let watch closely.

Thursday, January 12, 2012

Technical Analysis Jan 2012: LIONIND (4235)



LION INDUSTRIES CORPORATION BERHAD

Observation from Chart:

6 Jan 2012m, LIONIND succeed break through symmetrical triangle.

Will it break through RM1.46 resistance or retrace down?

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

Immediate resistant would be RM1.46 level.
Immediate support MA100 level.

Let watch closely...

Technical Analysis Jan 2012: BJTOTO (1562)


BERJAYA SPORTS TOTO BERHAD

Observation from Chart:-

BJTOTO is retest strong resistance at RM4.50 ?

Will it break through or retrace down?

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

High probably it will be retrace down, retest support.
RM4.39 is the immediate resistance level.
Subsequent support, MA20 level.

Let watch closely...

Wednesday, January 11, 2012

Technical Analysis Jan 2012: HAIO (7668)


HAI-O ENTERPRISE BERHAD

Observation From Chart:

11 Jan 2012, HAIO succeed breakout MA200 resistance level with huge volume.

The bull run will continue. How high will it go?

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

Immediate resistance @ RM2.34 level.
Subsequent resistance @ RM2.44 level.

Immediate support @ MA200 level.

Let watch closely.

Tuesday, January 10, 2012

Technical Analysis Jan 2012: UNICO (5019)



UNICO-DESA PLANTATIONS BERHAD

Observation from Chart:-

UNICO is hugging bolinger upper band, go higher high.

How high will it go?

Other indicator:-
No reversal candlestick been formed.
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call.

High probably it will continue go higher.
If retrace down, MA20 is immediate support level.

Let watch closely.

Monday, January 9, 2012

Technical Analysis Jan 2012: WIJAYA (4022)


WIJAYA BARU GLOBAL BERHAD

Observation from Chart:-

WIJAYA is forming ascending triangle.

On 9 Jan 2012, WIJAYA retest RM0.84 resistance level.

Will it break through & go higher?

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

High probably it will break though the resistance.
If retrace down, it might retest lower triangle line.

Let watch closely.

Sunday, January 8, 2012

Technical Analysis Jan 2012: IJM (3336)



IJM CORPORATION BERHAD

Observation from Chart:-

On 6 Jan 2012, IJM retest MA20 support level.

Will it rebound or break down this support?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K NO trigger BUY call.

High probably it will consolidate above MA20.
Immediate resistance would be MA50 level.

Let watch closely.

Thursday, January 5, 2012

Technical Analysis Jan 2012: BHIC (8133)


BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD


Observation from Chart:-

BHIC already extreamly overbought stage on "BHIC ATTRACTS INTEREST ON PRIVATISATION TALK".

Will it go higher, break through RM4.15 resistance?

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

It have posiblity consolidate before go higher.
Or retrace down, retest support.

Let watch closely.

Wednesday, January 4, 2012

Technical Analysis Jan 2012: BJCORP (3395)


BERJAYA CORPORATION BERHAD

Observation from Chart:-

BJCORP already break down RM0.955 support level.

How low will it go?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K still NO trigger any BUY call yet.

It have posiblity retest RM0.88 support level.
If rebound, MA20 is immediate resistance level.

Let watch closely for entry opportunity.

Tuesday, January 3, 2012

Technical Analysis Jan 2012: MASTEEL (5098)


MALAYSIA STEEL WORKS (KL) BHD

Observation from Chart:-

MASTEEL seem like forming ascending triangle.

3 JAN 2012, it retest RM1.18 resistance level again.

Will it break through & go higher?

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

If able break through RM1.18 resistance, next resistance would be RM1.28 level.
If retrace down, it might retest lower triangle line as support level.

Let watch closely for break out...

Monday, January 2, 2012

Technical Analysis Jan 2012: ARMADA (5210)


BUMI ARMADA BERHAD

Observation from Chart:-

ARMADA retest MA20 support level again.

Will it rebound?

Other indicator:-
1. MACD trade at positive region, uptrend sign.
3. Stochastic %K no obvious signal.

Uncertainty is there.
If break down MA20 support, may look for MA50 support, RM3.67 level.

Let watch closely...