Technical Analysis Mar 2012: TENAGA (5347)

TENAGA NASIONAL BHD

Observation from Chart:-

TENAGA trade below MA20 support level.

Will it break through RM6.38 level?

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

Strong support at RM5.96 level.
Strong resistance would be RM6.38 level.

If the bull strong enough, it might break through RM6.38

Subsequent resistance would be RM6.58 level.

Let's watch closely.

Technical Analysis Feb 2012: ZELAN (2283)

Zelan Berhad

Observation from Chart:

ZELAN found a support at RM0.45 low & rebound.

How high will it rebound?

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

High posibility it will retest RM0.545 resistance level.
If able break through RM0.545 resistant, next resistant would be RM0.58 level.

If retrace down, RM0.45 is immediate support.

Let's watch closely.

Technical Analysis Feb 2012: BHIC (8133)

BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD

Observation from Chart:-

BHIC is forming symmetrical triangle.

Will it break up or down?

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

If break down, immedaite support @ RM3.52 level.
If break up, it might retest RM3.88 resistance.

Do watch out, Single tier first interim dividend of 6% per ordinary share (Ex-date: 7 March 2012)

Let watch closely.

Technical Analysis Feb 2012: BERNAS (6866)

PADIBERAS NASIONAL BERHAD

Observation from Chart:

BERNAS keep consolidate & forming bolinger band squeeze.

When will it break through the band?

Other indicator:
MACD moving toward positive region, uptrend itinerary
Stochastic %K still at BUY call.
NO obvious volume of acquire.

Immediate support @ MA100 level
Subsequent support @ RM3.00 psychology level

Refering 23 Feb 2012 Quarter result announcement:-
Net assets per share attributable to ordinary equity holders of the parent ($$): RM2.36
Added, NO dividend been declared.

It might be keep consolidate till next attractive news been announce.

Let's watch closely.

Technical Analysis Feb 2012: MRCB (1651)

MALAYSIAN RESOURCES CORP BHD

Observation from Chart:

23 Feb 2012, MRCB have been break down MA100 support level.

How low will it go?

Other indicator:

No reversal candlestick been formed.
MACD moving toward negative region, downtrend itinerary
Stochastic %K still at SELL call.

Immediate support @ RM1.93
Subsequent support @ RM1.82

If rebound, it might retest MA100 resistance level.

Let's watch closely.

Technical Analysis Feb 2012: DELEUM (5132)

DELEUM BERHAD

Observation from Chart:-

22 Feb 2012, DELEUM is retest ascending triangle resistance.

Will it break through & go higher?

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

According Q4 2011, Net assets per share attributable to ordinary equity holders of the parent ($$) RM1.88

It do declared Second Interim single tier dividend of 9 sen per ordinary share of RM1.00 each. (Ex-date: 09/03/2012)

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

Let watch closely for break out...

Technical Analysis Feb 2012: MASTEEL (5098)

MALAYSIA STEEL WORKS (KL) BHD

Observation from Chart:-

MASTEEL is forming ascending triangle.

Will it break through & go higher?

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

From the volume of acquire, high potential it will break through RM1.18 resistance, next resistance would be RM1.28 level.

If retrace down, it might retest lower triangle line as support level.

Let watch closely for break out...

Technical Analysis Feb 2012: WIJAYA (4022)

WIJAYA BARU GLOBAL BERHAD

Observation from Chart:-

20 Feb 2012, WIJAYA succeed break through bolinger band squeeze.

How high will it go?

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

As long as NO reversal candlestick, it might drive through the trend, go higher high.
If retrace down, RM0.84 is immediate support.

Let watch closely.

Technical Analysis Feb 2012: RSAWIT (5113)

RIMBUNAN SAWIT BERHAD

Observation from Chart:

RSAWIT hugging bolinger upper band, go higher high.

How high will it go?

Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K still on BUY call, but already reach overbought stage.

If retrace down, RM1.10 is immediate support.
Subsequent support @ MA20 level.

As long as NO reversal candlestick, it have potential to go higer.

Let watch closely...

Technical Analysis Feb 2012: MBSB (1171)

MALAYSIA BUILDING SOCIETY BERHAD

Observation from Chart:

Since 13 Dec 2011, MBSB break through MA20 resistance, the uprend non stop.

Everytime retrace down & retest MA20 support level, automatic rebound.

How about this round? Will it rebound?

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

If break down MA20 support, subsequent support would be RM2 psychology level.
If rebound, immediate resistance at RM2.36 level.

Let watch closely...

Technical Analysis Feb 2012: MAS (3786)

MALAYSIAN AIRLINE SYSTEM BERHAD

Observation from Chart:

17 Feb 2012, MAS retest RM1.49 support level.

Will it rebound?

Other indicator:-
MACD at positivie region, uptrend sign.
Stochastics %K indicator, pending trigger BUY call.

If rebound, immediate resistance RM1.62
If break down, MA50 would be immedaite support.

Let watch closely...

Technical Analysis Feb 2012: YTL (4677)

YTL CORPORATION BERHAD

Observation from Chart:-

YTL is forming bolinger band squeeze.

Will it break out? Or further consolidate?

Other indicator:-
MACD moving toward negaive region, downtrend itinerary.
Stochastic %K not yet trigger BUY call.

If break through RM1.54 resistance, uptrend will be continue.
If break down RM1.47 support, next support level will be RM1.39

Let watch closely for entry opportunity.

Technical Analysis Feb 2012: PERISAI (0047)

PERISAI PETROLEUM TEKNOLOGI BHD

Observation from Chart:-

13 Feb 2012, PERISAI retest RM0.87 resistance level.

Will it break through the resistance?

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

If able break through this level, RM0.90 is next resistance.
If retrace down, immediate support @ MA20 level.

Let watch closely.

Technical Analysis Feb 2012: HSL (6238)

HOCK SENG LEE BERHAD

Observation from Chart:-

After HSL (6238) break through RM1.45 resistance level, the bull run non stop.
From RM1.45 to RM1.70, total +RM0.25 or +17.2%

Will it break through RM1.74 resistant as well?

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

High probably will consolidate before go higher.
If retrace down, RM1.67 is immediate support level.
Subsequent support, RM1.61 level.

Let watch closely.

Technical Analysis Feb 2012: DRBHCOM (1619)

DRB-HICOM BERHAD

Observation from Chart:-

After a bull rally, DRBHCOM start retrace down for correction.

How low will it go?

Other indictor:-
1. MACD trade at positive region, uptrend sign.
3. Stochastics %K on SELL call itinerary.

Immediate support would be RM2.55 level.
Subsequent support @ MA20 level.

Immediate resistance @ RM3.20 level.

Let watch closely for rebound opportunity.

Technical Analysis Feb 2012: RHBCAP (1066)

RHB CAPITAL BERHAD

Observation from Chart:-

RHBCAP is forming symmetrical triangle.

Will it break through upper triangle line?

Other indicator:-
1. MACD going bullish touching, pending crossover.
2. Stochastic %K still on BUY call.

If the bull strong enough, it might break through upper triangle line.
Else, it might retrace down retest lower triangle line.

Let watch closely.

Technical Analysis Feb 2012: GENTING (3182)

GENTING BERHAD

Observation from Chart:-

GENTING is retest RM10.40 level support.

Will it rebound or further retrace down?

Other indicator:-
1. NO reversal candlestick have been formed.
2. MACD moving toward negative region.
3. Stochastic %K still on SELL call.

If break down RM10.40 level, subsequent support will be RM10 psychology support level.
If rebound, MA20 is immediate resistance level.

Let watch closely.

Technical Analysis Feb 2012: TENAGA (5347)

TENAGA NASIONAL BHD

Observation from Chart:-

TENAGA trade below MA50 support level.

Will it break through RM6.58 level?

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

Strong support at MA200 level.
Strong resistance would be RM6.58 level.

If the bull strong enough, it might break through RM6.58 & consolidate between RM6.58 to RM7 level.

Let watch closely.

Technical Analysis Feb 2012: JCY (5161)

JCY INTERNATIONAL BERHAD

Observation from Chart:-

JCY keep forming higher high & higher low, nice uptrend.

How high will it go?

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

High posibility will retest RM1.55 resistance level.
If coming Quarter result is above expectation, the bull run might be continue.
If retrace down for consolidate, MA20 is immediate support.

Let watch closely for entry opportunity.

Technical Analysis Feb 2012: REDTONE (0032)

REDTONE INTERNATIONAL BERHAD

Observation from Chart:-

3 Feb 2012, REDTONE break down MA20 support level.

Will it retrace down to MA50 support level?

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

High posibility will retest RM0.30 support level.
If unable rebound, MA50 would be the next support level.

Let watch closely for entry opportunity.

Technical Analysis Feb 2012: OLDTOWN (5201)

OLDTOWN BERHAD

Observation from Chart:-

3 Feb 2012, OLDTOWN formed bullish engulfing @ RM1.25 support.

Will it rebound?

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

Immediate resistance would be RM1.33 level.
If break down RM1.25, confirm that forming double top @ RM1.33

Selling preasure might be increase, it might retest RM1.18 level or MA50 support.

Let watch closely.

Technical Analysis Feb 2012: SALCON (8567)

SALCON BERHAD

Observation from Chart:-

3 Feb 2012, SALCON succeed break through RM0.555 level.

Will it break through next resistance RM0.59 ?

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

High probably it will retest RM0.59 level.
If the bull strong ennough, it might break through & go higher.
Else, it might retest RM0.555 support level.

Let watch closely.

Technical Analysis Feb 2012: SUNWAY (5211)

SUNWAY HOLDING BERHAD

Observation from chart:-

SUNWAY is consolidate between RM2.44 & RM2.55 level, forming bolinger band squeeze.

2 Feb 2012, succeed break through the bolinger band.

How high will it go?

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

Immediate resistant would be RM2.75 level.
Immediate support would be RM2.55 level.

Let watch closely.

Technical Analysis Feb 2012: HAPSENG (3034)

HAP SENG CONSOLIDATED BERHAD

Observation from Chart:-

HAPSENG keep forming higher high & higher low.

Everytime retrace down to MA20 support level, it will rebound.

Will it break through RM1.73 resistance?

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

If able break through RM1.73 level, it will create new higher high.
If retrace down, immediate support @ MA20 level.

Do watch out Quarterly report, which will be announce around mid of Feb 2012.
Will it declare an attactive dividend?

Let watch closely.

Technical Analysis Feb 2012: CYPARK (5184)

CYPARK RESOURCES BERHAD

Observation from Chart:

31 Jan 2012, CYPARK retest RM1.71 resistance.

Will it break through the resistance & go higher?

Other indicator:-
1. MACD moving toward positive region, uptrend sign.
2. MACD bullish crossover.
3. RSI already reach overbought stage.
4. Stochastic %K still on BUY call itinerary.

It might be trading side way for consolidate OR retrace down retest support before go higher.

If retrace down, MA50 would be strong support level.

If break through RM1.71, next resistance would be RM2.09 level.

Let watch closely...