Thursday, August 30, 2012

Technical Analysis Aug 2012: BJTOTO (1562)


BERJAYA SPORTS TOTO BERHAD

Observation from Chart:-

BJTOTO succeed break through RM4.40 resistance?
How high will it go?

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

High probably it will go higher.

If retrace down, MA20 is immediate support.

Due to huge volume of share buy back (into treasury stock) on August, potential bonus issue / special dividend.

Btw, if we follow the news from The Sun Daily, BJTOTO been proposed 50cent special dividend.
http://www.thesundaily.my/news/453890

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

Let's watch closely

Wednesday, August 29, 2012

Technical Analysis Aug 2012: GENM (4715)


GENTING MALAYSIA BERHAD

Observation from Chart:

GENM forming double bottoms?

Will it rebound?

Other indicator:-
1. MACD at negative region, downtrend sign
2. Stochastic %K NO tigger BUY call yet.

If rebound, immediate resistance @ MA20 / MA50 level.
If retrace down, RM3.28 would be immediate support level.

Let's watch closely...

Wednesday, August 22, 2012

Technical Analysis Aug 2012: TAANN (5012)


TA ANN HOLDINGS BERHAD

Observation From Chart:-

TAANN seem like retest RM4.39 support.

Will it rebound?

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

Immediate resistance, upper line of descending triangle.
Immediate support, RM4.39 level.

If the bear strong enough, it might break through, next support RM4.21 level.
Else, it might rebound & break descending resistance.

Let's watch closely.

Tuesday, August 21, 2012

Technical Analysis Aug 2012: DIALOG (7277)


DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG retrace down from RM2.50 high.

When will it rebound?

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

Immediate resistance @ MA20 level.
Immmediate support @ lower line.

If break down lower line, subsequent support would be RM2.34 level.

Let's watch closely.

Monday, August 20, 2012

Technical Analysis Aug 2012: YTLE (0009)


YTL E-SOLUTIONS BHD

Observation from Chart

YTLE (0009) is forming ascending triangle.

How about this round, will it break through the strong resistance?

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

Immediate resistance @ upper triangle line which is RM0.78 level.
If retrace down, immediate support @ lower triangle line.

Let's watch closely.

Technical Analysis Aug 2012: KKB (9466)


KKB ENGINEERING BHD

Observation from Chart

KKB (9466) succeed break through MA20 resistance level?

How high will it go?

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

Now it's retest MA50 resistance level & consolidate side way.
If retrace down, immediate support @ MA20 level.

Let's watch closely.

Saturday, August 18, 2012

Technical Analysis Aug 2012: HARTA (5168)


HARTALEGA HOLDINGS BERHAD

Observation from Chart

HARTA (5168) succeed break through bolinger band squeeze.
How high will it go?

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

Since it's break through RM4.54 resistance level, now at historical high.

If retrace down, immediate support @ MA20 level.

Let's watch closely.

Thursday, August 16, 2012

Technical Analysis Aug 2012: THHEAVY (7206)


TH HEAVY ENGINEERING BERHAD

Observation from Chart:-

THHEAVY (7206) retest RM0.47 strong resistance again.

Will it break through ascending triangle resistance?

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

If able break through RM0.47 level, uptrend is confirm. (higher high + higher low)
If retrace down, immediate support @ ascending triangle lower line or MA20 level.

Let's watch closely.

Tuesday, August 14, 2012

Technical Analysis Aug 2012: PCHEM (5183)


PETRONAS CHEMICALS GROUP BERHAD

Observation from Chart:-

PCHEM retest RM6.63 strong resistance again.

Will it break through or retrace down?

Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K No obvious BUY or SELL call.

If able break through RM6.63 level, uptrend is confirm. (higher high + higher low)
If retrace down, immediate support @ ascending triangle lower line.

Let's watch closely.

Monday, August 13, 2012

Technical Analysis Aug 2012: MPHB (3859)


MULTI-PURPOSE HOLDINGS BERHAD

Observation from Chart:-

MPHB retest RM3.64 strong resistance level.

Will it break through & go higher?

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

High potential, it might break through RM3.64 level.
However, if retrace down, immediate support level should be MA20 level.

Subsequent support MA50 or bolinger lower line.
Let's watch closely...

Sunday, August 12, 2012

Technical Analysis Aug 2012: TAMBUN (5191)


TAMBUN INDAH LAND BERHAD

Observation from Chart:

TAMBUN (5191) retrace down from RM0.64 peak.

How low will it go?

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

Immediate support @ MA20 which is around RM0.615 level.
Immediate resistance @ RM0.64 level.

Let's watch closely...

Thursday, August 9, 2012

Technical Analysis Aug 2012: TWSPLNT (6327)


TRADEWINDS PLANTATION BERHAD

Observation from Chart:

TWSPLNT break up MA20 & MA50 support level.

How low will it go?

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

Immediate support @ RM4.14 level.
Immediate resistance @ MA20 / MA50 level.

Due to oversold, high probably will technical rebound.

Let's watch closely...

Wednesday, August 8, 2012

Technical Analysis Aug 2012: BENALEC (5190)


BENALEC HOLDINGS BERHAD

Observation from Chart:-

BENALEC succeed break through RM1.20 strong resistance with huge volume.

How high will it go?

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

Immediate resistance RM1.27 level.
Strong resistance @ RM1.36 level.

Immediate support MA20 / MA50 level.
Subsequent support RM1.14 level.

Do observed insiders keep acquired the stock in huge volume since early of July.



High probably this coming Quarter Report will be very attactive.
Or any great news / special dividend going announce?

Let's watch closely.

Tuesday, August 7, 2012

Technical Analysis Aug 2012: FBMKLCI


FBMKLCI

Observation from Chart:-

FBMKLCI already break down MA20 support level?

What's the next support level?

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

Immediate resistant would be MA20 level.
Immediate support would be 1620 level.
Strong support would be MA50 level, which is around 1607 level.

High probability, it will retrace down to 1620 level.
If the market sentiment negative, it might future break down & go MA50 support level.

Let's watch closely.

Monday, August 6, 2012

Technical Analysis Aug 2012: GTRONIC (7022)


GLOBETRONICS TECHNOLOGY BHD

Observation from chart:-

GTRONIC rebound from MA20 level.

Will it break through RM1.53 level?

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

Immediate resistant would be RM1.53 level.
Immediate support would be MA20 level.

High probability, it will retest immediate resistance.
If the bull strong enough, it might break through & go higher.

Let's watch closely.

Sunday, August 5, 2012

Technical Analysis Aug 2012: JOHOTIN (7167)


JOHORE TIN BHD

Observation from chart:-

JOHOTIN forming shooting star @ historical high ?

Will it retrace down for consolidation?

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

Immediate resistant would be RM1.78 level.
Immediate support would be RM1.58 / MA20 level.

High probability, it will retest immediate support.

Let's watch closely.

Saturday, August 4, 2012

Technical Analysis Aug 2012: SUNWAY (5211)


SUNWAY HOLDING BERHAD

Observation from chart:-

SUNWAY already break down bolinger band squeeze & facing high selling pressure..

How low will it go?

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

Immediate resistant would be MA20 / MA50 level.
Immediate support would be RM2.14 level.

Let's watch closely.

Thursday, August 2, 2012

Technical Analysis Aug 2012: GENTING (3182)


GENTING BERHAD

Observation from Chart:-

GENTING is forming lower high.

Will it forming lower low?

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

High probably will go further down.
If rebound, MA20 is immediate resistance level.

Let's watch closely.

Wednesday, August 1, 2012

Technical Analysis Aug 2012: JCY (5161)


JCY INTERNATIONAL BERHAD

Observation from Chart:-

JCY succeed break through RM1.59 resistance level.

How high will it go?

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

Higher high been formed, if retrace down, it's an opportunity.
If retrace down, MA20 would be immediate support level.

Let's watch closely...