Thursday, November 29, 2012

Technical Analysis Nov 2012: MFLOUR (3662)

MALAYAN FLOUR MILLS BERHAD

Observation from Chart:-

MFLOUR (3662) break down RM1.345 support level.

How low will it go?

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

High probably it might further retrace down.
Immediate support would be RM1.17 level.

If rebound, immediate resistance level would be MA20, RM1.345 level.
Subsequent resistance, RM1.41 level.

Let's watch closely.

Wednesday, November 28, 2012

Technical Analysis Nov 2012: BAHVEST (0098)

BORNEO AQUA HARVEST BHD

Observation from Chart:

BAHVEST (0098) succeed break through ascending triangle resistance level.

How high will it go?

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

Since already break through strong resistance, higher high been formed.

If retrace down, may watch for:-
Immediate support @ RM0.725 level.
Subsequent support @ MA20 level.

Let's watch closely...

Monday, November 26, 2012

Technical Analysis Nov 2012: CYPARK (5184)

CYPARK RESOURCES BERHAD

Observation from Chart:

CYPARK keep retest RM1.55 support level.

Will it rebound? Or break down?

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

Immediate support @ RM1.55
Subsequent support @ RM1.51 level.

Immediate resistance @ MA20 level.
Subsequent resistance @ RM1,61 level.

Let's watch closely...

Saturday, November 24, 2012

Technical Analysis Nov 2012: YTL (4677)

YTL CORPORATION BERHAD

Observation from Chart:-

YTL forming bolinger band squeeze within RM1.69 & RM1.79 range.

How about this round, will it break through RM1.79?

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

If the bull strong enough, it might break through RM1.79 & go higher.
Subsequent resistance @ MA100, which is RM1.81 level.

If retrace down, MA20 / MA50 would be immediate support.
Subsequent support @ RM1.69

Let's watch closely.

Thursday, November 22, 2012

Technical Analysis Nov 2012: KULIM (2003)

KULIM (MALAYSIA) BERHAD

Observation From Chart:

KULIM retest MA200 support level.

Will it rebound?

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

Immediate resistant MA50 level.
Subsequent resistance MA20 level.

Immediate support MA200 level.
Subsequent support would be RM4.56 level.

At this moement still NO buy call, high probability it will retest RM4.56 level before rebound.

Let's watch closely.

Wednesday, November 21, 2012

Technical Analysis Nov 2012: YTLPOWR (6742)

YTL POWER INTERNATIONAL BHD
Observation from Chart:-

YTLPOWER retest RM1.52 support level & rebound?

How high will it rebound?

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

Immediate resistance @ MA20 level
Subsequent resistance @ MA50 level.
High probability it will retest immediate resistance.
If the market sentiment bullish, it might go higher.

If break down RM1.52 support, it might facing high selling preasure.

Let's watch closely.

Tuesday, November 20, 2012

Technical Analysis Nov 2012: GASMSIA (5209)

GAS MALAYSIA BERHAD

Observation From Chart:-

GASMSIA (5209) retest RM2.66 support level?

Will it rebound?

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

Immediate support @ RM2.66 level.
Subsequent support @ MA20 / MA50.

Immediate resistance @ RM2.70 level.
Subsequent resistance @ RM2.75 level.

Let's watch closely.

Monday, November 19, 2012

Technical Analysis Nov 2012: MPHB (3859)

MULTI-PURPOSE HOLDINGS BERHAD

Observation from Chart:-

MPHB succeed break through ascending triangle.

How high will go?

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

High probability it migh retest RM3.89 level.

If retrace down, immediate support @ RM3.68 level.
Subsequent support @ MA20 & MA50 level.

Let's watch closely...

Sunday, November 18, 2012

Technical Analysis Nov 2012: GENTING (3182)

GENTING BERHAD

Observation from Chart:-

GENTING is retest MA20 / MA100 support level.

Will it rebound?

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

If rebound, RM9.50 would be immediate resistance level.
If break down, next support would be RM9 psychology support.

Let's watch closely.

Thursday, November 15, 2012

Technical Analysis Nov 2012: POS (4634)

POS MALAYSIA BHD

Observation From Chart:-

POS (4634) retest MA100 support level & rebound.

How high will it rebound?

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

Immediate resistance @ MA20, which is RM3.05 level.
Subsequent resistance would be MA50 level.

Immediate support @ MA100, which is RM2.94 level.
Subsequent support @ RM2.80 level.

High posibility it will retest MA20 resistance level.

Let's watch closely.

Wednesday, November 14, 2012

Technical Analysis Nov 2012: TM (4863)

TELEKOM MALAYSIA BERHAD

Observation From Chart:-

TM keep consolidate & retest RM5.55 support level.

Will it rebound?

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

If technical rebound, high posibility will retest MA20 resistance level, whiich is RM5.85 level.
Subsequent resistance would be MA50 level.

Immediate support @ RM5.55 level.
Subsequent support @ MA200, which is around RM5.30 level.

Let's watch closely.

Sunday, November 11, 2012

Technical Analysis Nov 2012: AIRASIA (5099)

AIRASIA BERHAD

Observation from Chart:

AIRASIA is forming head & shoulder? Or double bottom?

Will it break down RM2.85 support level?

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

Immediate support @ RM2.85 level.
Subsequent support @ RM2.65 level.

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

Let's watch closely.

Saturday, November 10, 2012

Technical Analysis Nov 2012: ANNJOO (6556)

ANN JOO RESOURCES BERHAD

Observation from Chart:

ANNJOO retest RM1.43 support level.

Will it rebound?

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

If rebound, high probably it will retest MA100 resistance level.
if break down the support, subsequent support would be MA50 level.

Let's watch closely...

Thursday, November 8, 2012

Technical Anlaysis Nov 2012: BOILERM (0168)

BOILERMECH HOLDINGS BHD

Observation from chart:-

BOILERM retest MA20 support level.

Will it rebound?

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

If rebound, it will retest RM0.90 resistace level.
If break down MA20, subsequent support @ MA50 level.

Do watch out, insider been acquire the stock in huge volume...
Let's watch closely.

Wednesday, November 7, 2012

Technical Analysis Nov 2012: E&O (3417)

EASTERN & ORIENTAL BERHAD

Observation From Chart:

E&O succeed break through bolingger band squeeze.

How high will it go?

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

Immediate resistance @ RM1.70 level.
Subsequent resistance @ RM1.80 level.

Immediate support @ MA20
Subsequent support @ MA50

Let's watch closely.

Tuesday, November 6, 2012

Technical Analysis Nov 2012: NAIM (5073)

NAIM HOLDINGS BERHAD

Observation from Chart:-

NAIM have been retrace down from RM2.03 high to RM1.95 support level.

Will it rebound?

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

If rebound, immedite resistance would be RM2.03 level.
If break down RM1.95, subsequent support @ RM1.92 level.

As long as it can keep the higher high & higher low momentum, uptrend will be continue...

Let's watch closely.

Monday, November 5, 2012

Technical Analysis Nov 2012: SEG (9792)

SEG INTERNATIONAL BHD

Observation from Chart:-

SEG retrace from RM2.15 high & retest RM1.95 support.

Will it rebound?

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

Immediate support @ RM1.95 level.
Subsequent support @ MA200 level, which is RM1.89 level.

Immediate resistance @ MA50 level, which is around RM2.01
Subsequent support @ MA20 level, which is around RM2.06

Let's watch closely.

Sunday, November 4, 2012

Technical Analysis Nov 2012: DIJACOR (5401)

DIJAYA CORPORATION BHD

Observation from chart:-

DIJAYA is consolidate between RM1.00 & RM1.08 level.

Will it break through RM1.08 level?

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

If there is positive news flow, it might break through RM1.08 & formed higher high.
If no, it might keep consolidate within the range.

Immediate resistance @ RM1.08
Subsequent resistance @ RM1.10 (MA200 level)

Immediate support @ MA50 & MA100
Strong support @ RM1.10

Let's watch closely.

Technical Analysis Nov 2012: MUDAJAYA (5085)

MUDAJAYA GROUP BERHAD

Observation from Chart:-

MUDAJAYA forming symmetrical triangle.

When will it break out?

Other indicator:-
MACD moving toward negative region, downtrend stock.
Stochastic %K pending trigger BUY call.

Due to uncertainly, it would be better wait for break out confirmation.

If break up, bull run will kick off.
However, it break down the support, potential facing high selling preasure.

Let's watch closely.