Thursday, May 31, 2012

Technical Analysis May 2012: RSAWIT (5113)


RIMBUNAN SAWIT BERHAD

Observation from Chart:

RSAWIT retest MA20 / MA50 resistance level.
Will it break through & go higher?

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

If retrace down, RM1.00 is psychology support.
Subsequent support @ RM0.97 level.

If able break through RM1.00 level, next target would be RM1.11 level.

Let watch closely...

Tuesday, May 29, 2012

Technical Analysis May 2012: YTL (4677)


YTL CORPORATION BERHAD

Observation from Chart:-

29 May 2012, YTL succeed break through ascending triangle, RM1.80 resistance level.

How high will it go?

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

As today, we may say that higher high been formed.

If retrace down, MA20 / MA50 will be the immediate support.
It might be an opportunity to acquire.

Let watch closely for entry opportunity

Monday, May 28, 2012

Technical Analysis May 2012: MAXIS (6012)


MAXIS BERHAD

Observation from Chart:-

28 May 2012, MAXIS succeed break through RM6.16 resistance level.

How high will it go?

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

For a confirm uptrend, it must have higher high & higher low.
As today, we may say that higher high been formed.

If retrace down, MA20 / MA50 will be the immediate support.
It might be an opportunity to acquire.

Let watch closely...

Thursday, May 24, 2012

Technical Analysis May 2012: DELEUM (5132)


DELEUM BERHAD

Observation from Chart:-

24 May 2012, DELEUM retest RM2.64 resistance level.

Will it break through & go higher?

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

It do declared
BONUS ISSUE OF 50,000,000 NEW ORDINARY SHARES OF RM1.00 EACH IN DELEUM BERHAD ("DELEUM") (“SHARE(S)”) (“BONUS SHARE(S)”) TO BE CREDITED AS FULLY PAID-UP, ON THE BASIS OF ONE (1) NEW ORDINARY SHARE OF RM1.00 EACH FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN DELEUM AT 5.00 P.M. ON 8 JUNE 2012

High potential it might break through the resistance & go higher.

Let watch closely for break out...

Wednesday, May 23, 2012

Technical Analysis May 2012: MPHB (3859)


MULTI-PURPOSE HOLDINGS BERHAD

Observation from Chart:-

MPHB rebound from RM2.74 support level.

How high will it rebound?

Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. MACD line already bullish touching, pending crossover.
3. Stochastic %K still BUY call itinerary.

High potential, it might retest RM3 psychology level.

However, if retrace down, immediate support level should be around RM2.87 level.

Let watch closely...

Technical Analysis May 2012: DIALOG (7277)


DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG forming bolinger band squeeze & facing strong resistance at RM2.28 level.

Already more than 5X attempt but unable break through.

How about this round?

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

Immediate resistance RM2.28 level.
Immmediate support MA20 / MA50 level.

If able break through RM2.28 level, potential retest MA100 resistance level.
Else, it do have posiblity of break down MA50 support level.

Let watch closely for break out...

Tuesday, May 22, 2012

Technical Analysis May 2012: DRBHCOM (1619)


DRB-HICOM BERHAD

Observation from Chart:-

DRBHCOM is forming Descending Triangle.

Will it break up?

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

Immediate support would be RM2.30 level.
Subsequent support @ MA200 level.

Immediate resistance @ MA20 level or upper triangle line.
If the bull strong enough, it might break through upper triangle line & forming higher high.

Let watch closely.

Sunday, May 20, 2012

Technical Analysis May 2012: SUNWAY (5211)


SUNWAY HOLDING BERHAD

Observation from chart:-

18 May 2012, SUNWAY is retest RM2.16 support level.
Will it rebound?

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

Immediate resistant would be RM2.28 level.
Immediate support would be RM2.16 level.

If break down RM2.16 level, it might retest RM2.00 psychology level.

Let watch closely for technical rebound.

Technical Analysis May 2012: KPJ (5878)



KPJ HEALTHCARE BERHAD

Observation from Chart:-

KPJ retest MA20 resistance level.

Will it break through? Or retrace down?

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

High probably it will consolidate between MA20 vs MA50 level.

Strong support @ MA50 level.
Strong resistance @ RM5.90 level.

Let's watch closely...

Saturday, May 19, 2012

Technical Analysis May 2012: GENTING (3182)


GENTING BERHAD

Observation from Chart:-

GENTING is retest RM10.29 support level.

Will it rebound or break down this support?

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

If break down RM10.29 level, subsequent support will be RM10 psychology support level.
If rebound, MA20 is immediate resistance level.

Let watch closely.

Thursday, May 17, 2012

Technical Analysis May 2012: BJTOTO (1562)


BERJAYA SPORTS TOTO BERHAD

Observation from Chart:-

BJTOTO forming bolionger band squeeze.

Will it break through RM4.44 resistance?

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

High probably it will be retest RM4.44 resistance level.

If retrace down, MA50 is immediate support.

Let's watch closely...

Wednesday, May 16, 2012

Technical Analysis May 2012: CIMB (1023)


CIMB GROUP HOLDINGS BERHAD

Observation From Chart:

CIMB is forming lowerer high & lower low.

How low will it go?

Other indicator:-
1. MACD moving toward negative region, downtrend sign.
2. Stochastics %K at SELL call itinerary.

High probably will retest RM7.00 psychology level.

If the market sentiment remain bearish, potentially longer term downward correction.

Let's watch closely.

Tuesday, May 15, 2012

Technical Analysis May 2012: AFG (2488)


ALLIANCE FINANCIAL GROUP BHD (2488)

Observation from Chart:

15 May 2012,AFG retest MA100 support level.

Will it rebound?

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

High probably it will consolidate @ MA100 support level.
If the market sentiment remain bearish, potentially longer term downward correction.

Let's watch closely.

Technical Analysis May 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 already trigger BUY call, pending confirmation.

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.

Monday, May 14, 2012

Technical Analysis May 2012: YTLPOWR (6742)


YTL POWER INTERNATIONAL BHD

Observation from Chart:-

14 May 2012, YTLPOWR retest RM1.57 support level.

Will it rebound?

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

Strong support would be RM1.57 level.
Strong resistance would be around RM1.71 level.

Let watch closely for technical rebound.

Thursday, May 10, 2012

Technical Analysis May 2012: CSL (5214)


CHINA STATIONERY LIMITED

Observation from Chart:-

CSL keep consolidate at RM1.46 level.

Will it rebound?

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

High potential will break through MA20 resistance level.
Subsequent resistance, RM1.82 level.

If retrace down, immediate support @ RM1.46 level.

Let watch closely.

Technical Analysis May 2012: PERISAI (0047)


PERISAI PETROLEUM TEKNOLOGI BHD

Observation from Chart:-

9 May 2012, PERISAI break through bolinger band squeeze.

How high will it go?

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

High potential will retest RM1.00 psychology level.
If the bull strong enough, potential break through & go higher.
If retrace down, immediate support @ MA20 / MA50 level.

Let watch closely.

Monday, May 7, 2012

Technical Analysis May 2012: WELLCAL (7231)


WELLCALL HOLDINGS BHD

Observation from Chart:

WELLCAL keep going higher high, non stop bull run.

Will it break through RM2.00 psychology level?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K already reach overbought stage.

Most probably correction / consolidate will be in place soon.
Immediate support @ RM1.65 level or MA20 level.
Subsequent support @ RM1.50 level.

Do watch out up coming quarterly result announcement.
Let watch closely for entry opportunity...

Sunday, May 6, 2012

Technical Analysis May 2012: FAVCO (7229)


FAVELLE FAVCO BHD

Observation from Chart:

FAVCO retest RM1.50 resistance level.

Will it break through? Or retrace down?

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

If the bull strong enough, most probably can break through RM1.50 resistance.
Subsequent resistance RM1.55 level.

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

Let watch closely for entry opportunity...
 

Friday, May 4, 2012

Technical Analysis May 2012: MAYBULK (5077)


MALAYSIAN BULK CARRIERS BERHAD

Observation from Chart:

MAYBULK rebound from RM1.59 support level.

Will it break through MA200 resistance level?

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

If the bull strong enough, high potential break through MA200.
Subsequent resistance RM2.00 psychology level.

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

Let watch closely for entry opportunity...

Thursday, May 3, 2012

Technical Analysis May 2012: SUPERMX (7106)


SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX keep consolidate @ RM1.87 level & forming bolinger band squeeze.

When will it break through the band?

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

If rebound, immediate resistance would be MA50 level.
Subsequent resistance MA100 level.

Immediate support @ RM1.87 level.
Subsequent support @ MA200 level.

Let watch closely.

Wednesday, May 2, 2012

Technical Analysis May 2012: MUHIBAH (5703)


MUHIBBAH ENGINEERING (M) BHD

Observation from Chart:

2 May 2012, MUHIBAH retest RM1.23 support level.

Will it rebound? Or break down this support?

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

Technical rebound should be in place soon.
If rebound, immediate resistance would be MA20 level, RM1.28
Subsequent resistace, MA50 which is RM1.32 level.

If break down RM1.23 support, next support would be RM1.13 level.

Let watch closely for the opportunity...

Tuesday, May 1, 2012

Technical Analysis May 2012: MISC (3816)


MISC BERHAD

Observation from Chart:-

MISC keep forming lower high & lower low.

How low will it go?

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

Short term outllok remain negative BUT technical rebound will be in place soon.

If rebound,
immediate resistance would be MA20 level.
subsequent resistance would be psychology level, RM5.00 level.

Let watch closely...

Technical Analysis May 2012: WINSUN (0141)

WINSUN TECHNOLOGIES BHD

Observation from Chart:-

WINSUN retest MA50 resistance level.

Will it break through?

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

Immediate resistance @ MA50 level.
If able break through MA50 resistance, next resistance would be RM0.175 level.

Immediate support @ MA20 level.
If break down MA20 support, RM0.11 is next support.

Let watch closely.