Wednesday, October 31, 2012

Technical Analysis Oct 2012: DIALOG (7277)

DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG consolidate within RM2.35 & RM2.42 range.

When will it break through bolinger band squeeze?

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

Immediate resistance @ RM2.42 level.
Immmediate support @ RM2.35 level.

High possibility it may break the resistance & go higher.

If break the resistance, subsequent resistance @ RM2.46 level.
If break the support, subsequent support would be RM2.30 level.

Let's watch closely.

Sunday, October 28, 2012

Technical Analysis Oct 2012: MYEG (0138)

MY E.G. SERVICES BERHAD

Observation from Chart:-

MYEG succeed break through descending triangle resistance level.

How high will it go?

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

Immediate resistance would be RM0.79 level.
If able break through RM0.79, higher high been confirm, probably it may retest RM0.86 level.
However, if retrace down, MA20 / MA50 would be immediate support.

Let's watch closely

Technical Analysis Oct 2012: BJTOTO (1562)

BERJAYA SPORTS TOTO BERHAD

Observation from Chart:-

BJTOTO rebound from RM4.38 support level.

Will it break through RM4.47 resistance level?

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

High probably it will retest RM4.47 level.
If the bull strong enough, it might break through & formed higher high.
If retrace down, immediate support @ MA20 level.

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

Let's watch closely

Friday, October 26, 2012

Technical Analysis Oct 2012: PUNCAK (6807)

PUNCAK NIAGA HOLDINGS BHD '

Observation from Chart:-

PUNCAK (6807) keep consolidate within RM1.28 & RM1.40 range & forming bolinger band squeeze.

When will it break through the band?

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

High posiblity will continue consolidate within the band.

Immediate resistance @ RM1.37 level.
Strong resistance @ RM1.40 level.

Immediate support @ MA20 level.
Strong support @ RM1.28 level.

Let's watch closely for the break out.

Thursday, October 25, 2012

Technical Analysis Oct 2012:TAKAFUL (6139)

SYARIKAT TAKAFUL MALAYSIA BHD

Observation from Chart:-

TAKAFUL (6139) forming bullish reversal?

How high will it go?

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

This round technical rebound, most posiblity will retest MA20 resistance level.
If strong rebound, subsequent resistance would be MA50 level.

However, if retrace down, it will retest RM4.65 support level.
Subsequent support @ MA200 level.

Let's watch closely.

Monday, October 22, 2012

Technical Analysis Oct 2012: BJCORP (3395)

BERJAYA CORPORATION BERHAD

Observation from Chart:-

BJCORP forming ascending triangle pattern.

Will it break through the resistance?

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

High posiblity will consolidate @ support level.
If rebound, upper triangle would be immediate resistance level.

Let's watch closely.

Sunday, October 21, 2012

Technical Analysis Oct 2012: UOADEV (5200)

UOA DEVELOPMENT BHD

Observation from chart:-

UOADEV keep retest MA50 resistance level.

Will it break through the resistance?

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

Immediate resistance @ MA50 level.
Subsequent resistance @ RM1.82 level.

Strong support @ MA20 level.
Subsequent support @ MA100 level.

Volume of acquire is there.
High probably, it will break through MA50 soon.

Do watch out Q3 result which will be announce around Nov 2012.

Let's watch closely.

Saturday, October 20, 2012

Technical Analysis Oct 2012: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO succeed break through MA200 resistance level.

What's next?

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

Immediate resistance @ RM2.23 level.
Subsequent resistance @ RM2.35 level.

Immediate support @ MA200 level.
Subsequent support @ MA100 / MA20 level.

Higher high been formed, watch out for higher low.

Let's watch closely.

Wednesday, October 17, 2012

Technical Analysis Oct 2012: AFG (2488)

ALLIANCE FINANCIAL GROUP BHD (2488)

Observation from Chart:

AFG retest RM4 psychology support level.

Will it rebound or break down this support?

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

If break down psychology support, subsequent support would be MA200 level.
However, if rebound, MA20 would be immediate resistance.
Subsequent resistance @ MA50, which is RM4.15 level.

Let's watch closely.

Tuesday, October 16, 2012

Technical Analysis Oct 2012: ANNJOO (6556)

ANN JOO RESOURCES BERHAD

Observation from Chart:

ANNJOO keep consolidate & trading sideway since End of Sept, 2012.

Will it break through MA20 resistance level?

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

It has been oversold & take a quite long duration for consolidate.
High probably it will technical rebound.
Once break through MA20, MA50 would be next resistance level, which is around RM1.43 level.

Immediate support @ RM1.31 level.

Let's watch closely...

Monday, October 15, 2012

Technical Analysis Oct 2012: MRCB (1651)

MALAYSIAN RESOURCES CORP BHD

Observation from Chart:

MRCB retest MA50 resistance level.

Will it break through?

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

Immediate support @ MA20 level.
Subsequent support @ RM1.54

If succeed break through, MA100 would be subsequent resistance, which is around RM1.70 level.

Let's watch closely.

Sunday, October 14, 2012

Technical Analysis Oct 2012: 3A (0012)

Three-A Resources Berhad (3A)

Observation From Chart:

4 Sept 2012, 3A break down RM1.12 descending triangle support level & consolidate @ RM0.985 level.

Now retest RM1.12 resistance again, will it break through RM1.12 level?

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

Immediate resistance @ triangle line
Subsequent resistance @ MA100, which is RM1.12 level.

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

Let's watch closely.

Friday, October 12, 2012

Technical Analysis Oct 2012: DRBHCOM (1619)

DRB-HICOM BERHAD

Observation from Chart:-

DRBHCOM is forming Descending Triangle.

Will it break up?

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

Immediate support would be RM2.33 level.
If the bull strong enough, it might break through upper triangle line & forming higher high.

Let's watch closely.

Thursday, October 11, 2012

Technical Analysis Oct 2012: TSH (9059)

TSH RESOURCES BERHAD

Observation from Chart:-

11 Oct 2012, TSH (9059) retest MA200 resistance level.

Will it break through & go higher?

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

If the bull strong enough, it might break through & go higher.
Strong resistance would be MA50 / MA100, which is around RM2.41 level.

Immediate support @ MA20 level.
Subsequent support @ RM2.16 level.

Let's watch closely.

Wednesday, October 10, 2012

Technical Analysis Oct 2012: CIMB (1023)

CIMB GROUP HOLDINGS BERHAD

Observation From Chart:

CIMB formed double bottom @ RM7.28 level.

How high will it go?

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

High probably will retest immediate resistance, RM7.90 level.
If retrace down, MA50 would be immediate support level.
Subsequent support @ MA20 level.

Let's watch closely.

Technical Analysis Oct 2012: MAXIS (6012)

MAXIS BERHAD

Observation from Chart:-

MAXIS keep retest RM7.04 resistance level & unable break through.

Will it retrace down?

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

If retrace down, MA20 will be the immediate support.
Subsequent support MA50 level.

However, if able break through RM7.04, higher high been formed.
It will be another wave of uptrend.

Let's watch closely...

Tuesday, October 9, 2012

Technical Analysis Oct 2012: AMEDIA (0159)

ASIA MEDIA GROUP BERHAD

Observation from Chart:-

AMEDIA break down MA20, MA50, MA100 support level

Oct 3, 2012 break MA20 support level.
Oct 4, 2012 break MA50 support level.
Oct 9, 2012 break MA100 support level.

How about MA200 support level?
Will it be the support & technical rebound?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K already @ oversold stage & NO BUY call yet.

Immediate resistance @ MA100 level.
Subsequent resistance @ MA50 level.

Immediate support @ MA200 level.

Let's watch closely. 

Monday, October 8, 2012

Technical Analysis Oct 2012: BENALEC (5190)

BENALEC HOLDINGS BERHAD

Observation from Chart:-

BENALEC succeed break through ascending traingle & MA200 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 RM1.20 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.

Saturday, October 6, 2012

Technical Analysis Oct 2012: OLDTOWN (5201)

OLDTOWN BERHAD

Observation from Chart:-

OLDTOWN keep forming lower high & lower low.

How low will it go?

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

Immediate resistance would be MA20 level.
If able break through, it might retest MA50 resistance support.

Immediate support @ MA100 level which is RM1.82 support level.

Let's watch closely.

Friday, October 5, 2012

Technical Analysis Oct 2012: FABER (1368)

FABER GROUP BHD

Observation From Chart:

FABER is forming descending triangle.

Will it break down RM1.28 support level?

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

Immediate resistant MA20 level.
Immediate support RM1.28 level.

Let's watch closely.

Thursday, October 4, 2012

Technical Analysis Oct 2012: YTLPOWR (6742)

YTL POWER INTERNATIONAL BHD

Observation from Chart:-

YTLPOWER break down RM1.65 support level.

What's next support level?

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

Due to break down the support, it might be facing high selling pressure
Next support @ RM1.53 level.

Immediate resistance @ RM1.65
Subsequent resistance @ MA20 level.

Let's watch closely.

Tuesday, October 2, 2012

Technical Analysis Oct 2012: GASMSIA (5209)

GAS MALAYSIA BERHAD

Observation From Chart:-

GASMSIA (5209) forming symmetrical triangle pattern?

Will it break through upper triangle resistance?

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

Immediate support @ MA20 / MA50.
Immediate resistance @ upper triangle line.

Once it break through resistance, another wave of uptrend will continue.
However, if break down the support level, might facing selling pressure.

Let's watch closely.