Technical Analysis Apr 2012: ARMADA (5210)

BUMI ARMADA BERHAD

Observation from Chart:-

ARMADA retest RM4.00 psychology.

Will it rebound?

Other indicator:-
1. MACD moving toward negative region, downtrend sign.
2. Stochastic %K at oversold stage. Do trigger BUY call signal.

Uncertainty is there.
If break down RM4.00 psychology support, subsequent support RM3.90 level .
If rebound, immediate resistance MA50 level.

Let watch closely......

Technical Analysis Apr 2012: BIMB (5258)

BIMB HOLDINGS BERHAD

Observation From Chart:-
BIMB retest MA20 support level & strong resistance RM2.47 level.

Will it break through the resistance OR support level?

Other indicator:-

1. MACD trade at positive region, uptrend sign.

2. Stochastic %K not yet trigger buy call.

Immediate support is MA20 level.

Subsequent support is MA50 level.

If able break through RM2.47 resistance, it might be higher high (confirm another cycle of uptrend)

Let watch closely for entry opportunity.

Technical Analysis Apr 2012: UEM LAND (5148)

UEM LAND HOLDINGS BERHAD

Observation from Chart:-

On Apr 19, 2012, UEMLAND break down RM2.18 support level.

How low will it go?

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

Technically, it will retest RM2.00 psychology support level.
If NO technical rebound, subsequence support RM1.825 level.
If rebound, immediate resistance @ RM2.18 level.

Let's watch closely.

Technical Analysis Apr 2012: JCY (5161)

JCY INTERNATIONAL BERHAD
Observation from Chart:-

JCY is retest RM1.40 resistance level.

Will it break through? Or retrace down?

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

High posibility will consolidate or retrace down before go higher.
If retrace down, MA20 is immediate support.
If the bull strong enough, potential break through RM1.40 level & go higher.

Let's watch closely for entry opportunity.
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Technical Analysis Apr 2012: BENALEC (5190)

BENALEC HOLDINGS BERHAD

Observation from Chart:-

BENALEC break down MA20 support level, it keep going decending.

Now, BENALEC retest RM1.16 support level.

Will it rebound?

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

Immediate resistance MA20 level.
Subsequent resistance @ RM1.21 level.

If break down, next support RM1.12 level.
Let's watch closely.

Technical Analysis Apr 2012: GAMUDA (5398)

Gamuda Berhad (5398)
Observation from Chart:

GAMUDA forming bolinger band squeeze within RM3.54 & RM3.74 level.

Will it break up or down?

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

High probably it will retest RM3.74 resistance level.
If the bull strong enough, potentially break through bolinger upper band & go higher.

If retrace down, RM3.54 is the immediate support.

Let's watch closely.

Technical Analysis Apr 2012: KPJ (5878)

KPJ HEALTHCARE BERHAD

Observation from Chart:-

KPJ keep retest RM5.35 resistance level?

Will it break through? Or retrace down?

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

High probably will retrace down to MA20 support level.

Subsequent support, MA50 level.

Let's watch closely...

Technical Analysis Apr 2012: AIRASIA (5099)

AIRASIA BERHAD

Observation from Chart:

12 April 2012, AIRASIA retest RM3.35 support level.

Will it rebound?

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

If rebound, immediate resistance @ MA50

Subsequent support, RM3.52 level.

If break down RM3.35 support, subsequent support @RM3.08 level.
Let's watch closely.

Technical Analysis Apr 2012: CIMB (1023)

CIMB GROUP HOLDINGS BERHAD

Observation From Chart:

CIMB is forming higher high & higher low.

Will it break through RM7.80 level & create another new high record?

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

High probably will retest RM7.80 level.
If market sentiment is bullish, high potential it might break through RM7.80 level.

If retrace down, MA20 would be immediate support.

Let's watch closely.

Technical Analysis Apr 2012: MSC (5916)

MALAYSIA SMELTING CORPORATION BERHAD

Observation From Chart:

MSC consolidate at RM4.10 level.

Will it rebound? Or break down this support?

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

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

Immediate support @ RM4.10 level.
Subsequent support @ RM4.00 psychology level.

Let's watch closely.

Technical Analysis Apr 2012: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO succeed break through MA20 resistance level.

Will it break through MA50 resistance level as well?

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

Immediate resistance @ MA50 level.
Subsequent resistance @ RM2.35 level.

Immediate support @ MA20 level.

Let's watch closely.

Technical Analysis Apr 2012: BURSA (1818)

BURSA MALAYSIA BERHAD

Observation from Chart:-

BURSA retest MA50 support level & rebound.

How high will it rebound?

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

Immediate resistant RM7.50 level.
Subsequent resistant RM7.60 level.

Immediate support MA50 level.

If market sentiment is positive, BURSA might be break through RM7.60 level & go higher.

Let's watch closely.