Wednesday, March 28, 2012

Technical Analysis Mar 2012: TOPGLOVE (7113)


TOP GLOVE CORPORATION BERHAD

Observation from chart:

TOPGLOVE is forming lower high & lower low.

The downtrend is confirmed, how low will it go?

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

Immediate resistance RM4.66 level.
Immediate support would be RM4.48 level.

Let's watch closely...

Tuesday, March 27, 2012

Technical Analysis Mar 2012: AIRASIA (5099)


AIRASIA BERHAD

Observation from Chart:

26 March 2012, AIRASIA break down MA200 support level.

How low will it go?

Other indicator:-
No reversal candlestick been formed.
MACD trade at negative region, downtrend sign.
Stochastic %K still on SELL call position.

Immediate support @ RM3.32, RM3.21, RM3.11
If rebound, immediate resistance @ RM3.46 level.

Let's watch closely for reversal candlestick.

Saturday, March 24, 2012

Technical Analysis Mar 2012: MUDAJAYA (5085)


MUDAJAYA GROUP BERHAD

Observation from Chart:-

MUDAJAYA retest MA20 support level.

Will it rebound?

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

It might be keep consolidate above MA20 level.
If break down, RM2.90 is immediate support level.
Subsequent support @ MA50 level which is around RM2.80 level.

If rebound, may watch for RM3.22 level.


Let's watch closely.

Wednesday, March 21, 2012

Technical Analysis Mar 2012: OLDTOWN (5201)


OLDTOWN BERHAD

Observation from Chart:-

21 March 2012, OLDTOWN retest MA50 support level.

Will it rebound?

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

If able rebound, immediate resistance would be RM1.34 level.
If selling preasure too high, it might break down MA50 support, look for RM1.20 level.

Let's watch closely.

Sunday, March 18, 2012

Technical Analysis Mar 2012: ZELAN (2283)


Zelan Berhad

Observation from Chart:

ZELAN retest RM0.51 resistance level.
Will it break through?

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

If able break through RM0.51 resistant, next resistant would be RM0.545 level.
Subsequent resistance, RM0.58 level.

If retrace down, MA20 is immediate support.
Subsequent support, MA50 or RM0.45 level.

Let's watch closely.

Wednesday, March 14, 2012

Technical Analysis Mar 2012: CIMB (1023)


CIMB GROUP HOLDINGS BERHAD

Observation From Chart:

14 Mar 2012, CIMB retest strong resistance RM7.40 level.

Will it break through the resistance?

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

High probably will break through RM7.40 level.
Subsequent resistance @ RM7.55 level.

If retrace down, RM7.20 or MA20 would be immediate support.

Let's watch closely.

Tuesday, March 13, 2012

Technical Analysis Mar 2012: JCY (5161)


JCY INTERNATIONAL BERHAD

Observation from Chart:-

JCY is forming head & shoulders chart pattern???

Will it break down RM1.08 support level? Or rebound?

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

High posibility will retest RM1.08 support level.
If selling pressure is too high, most probably will break down furthure.
MA100 will be next support.

Let's watch closely for entry opportunity.

Monday, March 12, 2012

Technical Analysis Mar 2012: BJTOTO (1562)


BERJAYA SPORTS TOTO BERHAD

Observation from Chart:-

BJTOTO retest strong support at RM4.30 & 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 retest MA50 / RM4.40 resistance level.
Subsequent resistance, MA20 level.
If retrace down, RM4.30 is immediate support.

Let's watch closely...

Sunday, March 11, 2012

Technical Analysis Mar 2012: GAB (3255)


GUINNESS ANCHOR BERHAD

Observation from Chart:

GAB retrace down from RM13.80 high.

Will it retest MA20 level?

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

High potential, it might retrace down to MA20 level.
RM12.90 is strong support level.
Subsequent support MA50 level.

Let watch closely for rebound opportunity.

Saturday, March 10, 2012

Technical Analysis Mar 2012: ZHULIAN (5131)


ZHULIAN CORPORATION BERHAD

Observation from Chart:

ZHULIAN keep retest MA20 support level.

Will it rebound or break down this support?

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

If selling pressure is too high, it might break down MA20 support level & retest MA50 level.
Or it will keep consolidate at MA20 support level.

However, if rebound, RM1.96 is immediate resistance level.

Let's watch closely

Technical Analysis Mar 20112: DKSH (5908)


DKSH HOLDINGS (MALAYSIA) BERHAD

Observation from Chart:

DKSH rebound from MA20 support level.

Will it break through RM2.00 strong resistance level.?

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

High probably it will retest RM2.00 resistance level.
If the bull strong enough, potentially break through & retest RM2.10 resistance level.

Immediate support MA20 level.
Subsequent support at MA50 level.

Let's watch closely.

Friday, March 9, 2012

Technical Analysis Mar 2012: GAMUDA (5398)


Gamuda Berhad (5398)
Observation from Chart:

GAMUDA rebound from RM3.54 support level.

How high will it rebound?

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

High probably it will retest RM3.71 or MA20 resistance level.
If the bull strong enough, potentially break through MA20 resistance & go higher.

Let's watch closely.

Tuesday, March 6, 2012

Technical Analysis Mar 2012: HWGB (9601)


HO WAH GENTING BERHAD

Observation from Chart:

HWGB retest strong resistance RM0.44 level.

Will it break through or retrace down?

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

High potential, it might break through RM0.44 resistance.

Subsequent resistance, RM0.46 level.
Immediate suppport MA20 level.

Let's watch closely.

Monday, March 5, 2012

Technical Analysis Mar 2012: KULIM (2003)


KULIM (MALAYSIA) BERHAD

Observation From Chart:

KULIM retest MA50 support level & rebound.

Will it break through MA20 resistance?

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

Immediate resistant RM4.47 level.

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

Strong support would be RM4.00 psychology level.

Let's watch closely.

Sunday, March 4, 2012

Technical Analysis Mar 2012: UOADEV (5200)


UOA DEVELOPMENT BHD

Observation from chart:-

UOADEV keep retest MA20 support level.

Will it rebound or break down the support?

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

Immediate resistance, RM1.60 level.
Subsequent resistance, RM1.72 level.
Strong support is MA20 & MA50 level.

If reversal candlestick been formed, potential retest RM1.60 level.
Else, it might keep consolidate.

Let's watch closely.

Technical Analysis Mar 2012: HAIO (7668)


HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO rebound from RM2.15 support level.
Will it break through MA20 resistance level?

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

Immediate resistance @ MA20 level.
Subsequent resistance @ RM2.36 level.

Immediate support @ RM2.15 level.

Let watch closely.

Saturday, March 3, 2012

Technical Analysis Mar 2012: DAIMAN (5355)


DAIMAN DEVELOPMENT BHD

Observation from Chart:-

DAIMAN rebound from MA50 support level.

Will it break through RM1.95 resistance?

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

If able break through, it might retest RM2.00 psychology level.
If retrace down, may look for MA20 support level.

Let watch closely...

Friday, March 2, 2012

Technical Analysis Mar 2012: UEM LAND (5148)


UEM LAND HOLDINGS BERHAD

Observation from Chart:-

On Mar 2, 2012, UEMLAND succeed break through MA200 resistance level.

How high will it go?

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

Technically, it will retest RM2.45 level soon.
If market sentiment is bullish enough, it might break through RM2.45 as well.

However, if retrace down, immediate support at MA20 level.

Let's watch closely.

Thursday, March 1, 2012

Technical Analysis Mar 2012: DIALOG (7277)


DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG forming bolinger band squeeze & facing strong resistance at RM2.51 level.

Already 5X attempt but unable break through.

How about this round?

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

Immediate resistance MA20 level.
Immmediate support MA50 / RM2.41 level.

At this point, if able break through MA20, then it might be retest RM2.51 resistance level.
Else, it do have posiblity of break down MA50 support level.

Let watch closely for break out...