Sunday, December 29, 2013

Technical Analysis Dec 2013: PARKSON (5657)

PARKSON HOLDINGS BERHAD
Observation from Chart:-

Since PARKSON break down RM3.69 support, it facing huge selling pressure & keep going down.

Will it consolidate sideway or technical rebound?

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

If rebound,
Immediate resistance @ MA20 level.
Subsequent resistance @ MA50 level

Let watch closely.

Sunday, December 22, 2013

Technical Analysis Dec 2013: PERISAI (0047)

PERISAI PETROLEUM TEKNOLOGI BHD

Observation from Chart:-

PERISAI forming higher high & higher low.

How high will it go?

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

If able breakout upper line resistance, momentum of another wave bull run is kick off.
Else, it might be consolidate side way or very limited bull energy.

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

Let's watch closely.

Technical Analysis Dec 2013: WCT (9679)

WCT BERHAD
Observation from Chart:-

WCT retrace down from RM2.50 high & retest RM2.13 support level.

Will it technical rebound?

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

If break down RM2.13 support level, potential retest RM2.00 psychology support level.
If rebound, MA20 would be immediate resistance.
MA50 would be subsequent resistance.

Let watch closely...

Tuesday, December 17, 2013

Technical Analysis Dec 2013: WILLOW (0008)

WILLOWGLEN MSC BHD

Observation from Chart:

WILLOW (0008) forming descending triangle pattern.

Will it rebound from RM0.65 strong support level ?

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

If able breakout descending triangle, it might resume another wave of bull run.
Immediate resistance @ upper triangle line.
Subsequent resistance @ RM0.725 level.

Immediate support @ RM0.65 level.
Subsequent support @ MA50 / MA100 level.

Let's watch closely.

Monday, December 16, 2013

Technical Analysis Dec 2013: SKPETRO (5218)

SapuraKencana Petroleum Berhad (5218)

 Observation from Chart:

SKPETRO forming another new higher high.

Will it breakout RM5.00 psychology level ?

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

It might need consolidation before able go up future.
Do need to watch out higher high & higher low for the continue uptrend.

Immediate support @ MA20 level.
Subsequent support @ MA50 / MA100 level.

Let's watch closely.

Wednesday, December 11, 2013

Technical Analysis Dec 2013: KKB (9466)

KKB ENGINEERING BHD

Observation from Chart

KKB (9466) rebound from MA50 support level.
How about this round, will it breakout RM2.78 resistance?

Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K on BUY call itinerary.
 
If retrace down,
Immediate support @ MA20 level
Subsequent support @ MA50 level.
 
If succeed breakout RM2.78 level, another higher high been confirm & another wave of bull run will kick off.

Let's watch closely.

Tuesday, December 10, 2013

Technical Analysis Dec 2013: MFLOUR (3662)

MALAYAN FLOUR MILLS BHD

Observation from Chart:-

MFLOUR (3662) formed higher low.

 How about higher high?

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

Immediate resistance would be RM1.44 level.

Immediate support @ RM1.37 level.
Subsequent support @ MA20 / MA50 level.

Once higher high & higher low been confirm, it's an opportunity while retrace down retest support

Let's watch closely.

Sunday, December 8, 2013

Technical Analysis Dec 2013: TSH (9059)

TSH RESOURCES BERHAD

Observation from Chart:-

TSH (9059) formed higher low.

 How about higher high?

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

Crude Palm Oil Price succeed formed higher low & higher high.
High probably, TSH will follow the CPO trend & go higher.

Immediate resistance would be RM3.00 which is psychology resistance level.

Immediate support @ RM2.88 level.
Subsequent support @ MA20 level.

Once higher high & higher low been confirm, it's an opportunity while retrace down retest support

Let's watch closely.

Thursday, December 5, 2013

Technical Analysis Dec 2013: BENALEC (5190)



BENALEC HOLDINGS BERHAD

Observation from Chart:-

BENALEC technical rebound from RM0.86 to RM1.00 psychology level.

Will it consolidate before go higher furthermore?

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

Immediate resistance @ RM1.00 level.
Strong resistance @ MA20 level.

Immediate support @ RM0.86 level. 

After consolidate, if able formed higher low, it's an opportunity, it may turn uptrend.
Else, it might formed lower high & lower low, downtrend will resume..

Let's watch closely.

Wednesday, December 4, 2013

Technical Analysis Dec 2013: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMX forming ascending triangle pattern?

Will it breakout RM2.80 strong resistance?

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

Immediate resistance @ RM2.80 level.

Immediate support @ MA20 level, which is ascending triangle support level.

Do watch out H7N9, will it kick off the bull run for glove sector?
http://online.wsj.com/news/articles/SB10001424052702304854804579234821146456060

Let's watch closely

Monday, December 2, 2013

Technical Analysis Dec 2013: DRBHCOM (1619)

DRB-HICOM BERHAD

Observation from Chart:-

DRBHCOM succeed breakout downtrend resistance.

How high will it go?

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

Immediate resistance @ RM2.74
Subsequent resistance @ RM2.88

If retrace down,
Immediate support would be RM2.66 level.
Subsequent support @ MA100 level.

Let's watch closely.

Sunday, December 1, 2013

Technical Analysis Dec 2013: POS (4634)

POS MALAYSIA BHD (4634)

Observation From Chart:

POS succeed break out RM5.80 resistance.

How about RM6.00 psychology resistance?

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

Immediate resistant RM6.00 level.

Immediate support RM5.80 level.
Subsequent support would be MA20 / MA50 level.

Since higher high & higher low been confirmed, uptrend will be resume.

Let's watch closely.

Wednesday, November 27, 2013

Technical Analysis Nov 2013: KULIM (2003)

KULIM (MALAYSIA) BERHAD

Observation From Chart:

KULIM break down the uptrend support level?

What's next support?

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

Immediate resistant RM3.87 level.
Subsequent resistance RM4.00 level.

Immediate support RM3.65 level.
Subsequent support would be RM3.52 level.

At this moment still NO buy call, it might be consolidate @ RM3.65 support.
As long as higher low is confirm, uptrend will be resume.

Let's watch closely.

Sunday, November 24, 2013

Technical Analysis Nov 2013: INARI (0166)

INARI AMERTRON BERHAD

Observation from chart:-

INARI succeed breakout RM1.40 strong resistance level.

Since higher high been confirmed, how high will it go?

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

Since INARI been breakout the resistance & it's new high record, there is no immediate resistance.
If retrace down, immediate support would be RM1.40 level.
Subsequent support @ RM1.30 level.

Do watch out upcoming quarter report, which will announce next few days.
This report will determine the bull run performance.

Let's watch closely.

Saturday, November 23, 2013

Technical Analysis Nov 2013: SUNWAY (5211)

SUNWAY HOLDING BERHAD

Observation from chart:-

SUNWAY retest RM2.65 support level.
Will it rebound or breakdown the strong support?

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

Immediate resistant would be MA20 level, which is around RM2.76 level.
Immediate support would be RM2.65 level.
If break down strong support, it might facing another round of selling pressure.

Let's watch closely.

Wednesday, November 20, 2013

Technical Analysis Nov 2013: UEMS (5148)

UEM SUNRISE BERHAD

Observation from Chart:-

UEMS keep forming lower high & lower low.

Will it rebound @ RM2.20 support level?

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

High possibility it might retest immediate support, RM2.20 level.
Subsequent support @ RM2.00 level.

Immediate resistance @ descending triangle line.
Subsequent resistance @ MA20 level.

Let's watch closely.

Tuesday, November 19, 2013

Technical Analysis Nov 2013: KKB (9466)

KKB ENGINEERING BHD Observation from Chart

KKB (9466) retest RM2.78 level again?

How about this round, will it manage breakout?

Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K trigger BUY call, pending confirmation.
 
If retrace down,
Immediate support @ MA20 level
Subsequent support @ MA50 level.
 
If succeed breakout RM2.78 level, another higher high been confirm & bull run will resume.

Let's watch closely.

Monday, November 11, 2013

Technical Analysis Nov 2013: SUPERMX (7106)

 
SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMX rebound from MA20 support level.

How high will it rebound?

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

Immediate resistance @ RM2.64 level.
Subsequent resistance @ RM2.80 level.

Immediate support @ MA20 level.
Subsequent support @ RM2.45 level.

Let's watch closely

Sunday, November 3, 2013

Technical Analysis Nov 2013: MYEG (0138)

MY E.G. SERVICES BERHAD

Observation from Chart:-

MYEG retrace down from RM2.60 high.

When will it reserve?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate support @ RM2.22 level.
Subsequent support @ MA20, which is around RM2.10 level.
Immediate resistance would be RM2.60 level.

Around end of November, MYEG will announce their Q1 result.

Let's watch closely

Technical Analysis Nov 2013: SKPETRO (5218)

SapuraKencana Petroleum Berhad (5218)
Observation from Chart:

SKPETRO forming higher high & higher low.

Will it retest RM4.50 resistance level ?

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

If able break through RM4.34, it might be good opportunity.
Once breakthrough RM4.34, it's full fill higher high & higher low, uptrend will continue.

Immediate support @ MA20 level.
Subsequent support @ MA50 / MA100 level.

Let's watch closely.

Thursday, October 31, 2013

Technical Analysis Oct 2013: MUDAJYA (5085)

MUDAJAYA GROUP BERHAD

Observation from Chart:-

MUDAJAYA retrace down from RM3.00 high.

Will it retest RM2.74 strong support level?

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

High possible it might retest the strong support RM2.74, will it rebound?
If break down RM2.74 support, subsequent support @ MA50 level.

Let's watch closely.

Tuesday, October 29, 2013

Technical Analysis Oct 2013: DIGI (6947)

DIGI.COM BHD

Observation from Chart:-

DIGI succeed breakout ascending triangle resistance.

How high will it go?

Other indicator:-
MACD trade positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
If retrace down,
Immediate support @ RM5.00 level.
Subsequent support @ MA20 level.

Immediate resistance @ RM5.28 level.

Let's watch closely. 

Sunday, October 27, 2013

Technical Analysis Oct 2013: FAVCO (7229)

FAVELLE FAVCO BHD

Observation from Chart:


FAVCO succeed breakout ascending triangle resistance, RM2.89 level ?
How high will it go?

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

Most probably, it able break through RM2.89 resistance.
Subsequent resistance RM3.16 level.

Immediate support @ MA20/ MA50 level.
Subsequent support @ RM2.71 level.

Let watch closely...

Tuesday, October 22, 2013

Technical Analysis Oct 2013: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO retest RM2.74 resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM2.74 level.
Subsequent resistance @ RM2.82 level.

Immediate support @ MA20 level.
Subsequent support @ MA50 level. 
Do watch out upcoming 8cent dividend which will ex-date on 14/11/2013

 Let's watch closely.

Monday, October 21, 2013

Technical Analysis Oct 2013: PTARAS (9598)

PINTARAS JAYA BHD (9598)

Observation from Chart

PTARAS (9598) succeed breakout bolinger band squeeze?
How high will it go?

Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K on BUY call.
 
Immediate resistance @ RM6.46 level.
 
If retrace down,
Immediate support @ MA20 level.
Subsequent support @ MA50 level.
 
Do watch out upcoming 15% dividend, which will ex-date on 11 Dec 2013
Plus, Bonus issue of 80,064,000 new ordinary shares of RM1.00 each in Pintaras JayaBerhad (Pintaras Share(s)) (Bonus Share(s)) on the basis of one (1) Bonus Sharefor every one (1) existing Pintaras Share held (Bonus Issue) which will ex-date on 12 Dec 2013
 
 
Let's watch closely.

Sunday, October 20, 2013

Technical Analysis Oct 2013: CSCENIC (7202)

CLASSIC SCENIC BHD

Observation from Chart

CSCENIC (7202) non stop uptrend?

How high will it go?

Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K trigger BUY call, pending confirmation.
 
If retrace down,
Immediate support @ MA20 level.
Subsequent support @ MA50 level.
 
Do watch out upcoming 8% dividend, which will ex-date on 24 Oct 2013

Let's watch closely.

Technical Analysis Oct 2013: KKB (9466)

KKB ENGINEERING BHD

Observation from Chart

KKB (9466) non stop uptrend?
How high will it go?

Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K on BUY call itinerary.
If retrace down,
Immediate support @ RM2.50
Subsequent support @ MA20 level.

Let's watch closely.

Sunday, October 13, 2013

Technical Analysis Oct 2013: NAIM (5073)

NAIM HOLDINGS BERHAD

Observation from Chart:-

NAIM forming descending triangle pattern.

Is that breakout been confirm?

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

Immediate resistance @ MA100 RM3.83 level.
Subsequent resistance @ RM4 level.

Immediate support @ MA20 level
Subsequent support @ MA50 level.
Strong support @ RM3.18 level.

 Let's watch closely.

Tuesday, October 8, 2013

Technical Analysis Oct 2013: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMX retest MA50 support level.

Will it rebound?

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

Immediate resistance @ MA20 level.
Subsequent resistance @ RM2.80 level.

Immediate support @ MA50 level.
Subsequent support @ MA100 level.

Let's watch closely

Sunday, October 6, 2013

Technical Analysis Oct 2013: CYPARK (5184)

CYPARK RESOURCES BERHAD

Observation from Chart:

CYPARK keep on consolidate side way.

Will it breakout RM2.11 & RM2.19 resistance?

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

Immediate support @ MA20
Subsequent support @ MA50 level.

Immediate resistance @ RM2.11 level.
Subsequent resistance @ RM2.19 level.

Let's watch closely...

Saturday, October 5, 2013

Technical Analysis Oct 2013: WEIDA (7111)


WEIDA (M) BHD

Observation from Chart:-

As 4 Oct 2013, WEIDA succeed breakout RM1.74 resistance.

How high will it go?

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

If retrace down,
Immediate support @ RM1.74
Subsequent support @ MA20 / MA50 level.

Let watch closely.

Sunday, September 22, 2013

Technical Analysis Sept 2013: DELEUM (5132)

DELEUM BERHAD Observation from Chart:-

DELEUM retest RM3.82 resistance level again.

How about this round, will it break through & go higher?

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

Immediate resistance @ RM3.82
Immediate support @ MA50

Let watch closely for break out...

Sunday, September 15, 2013

Technical Analysis Sept 2013: DSONIC (5216)

DATASONIC GROUP BERHAD

Observation from Chart:- 
DSONIC breakout the uptrend line, become overbought stage.

Reversal candlestick been formed, will it retrace down retest support?

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

Immediate support @ RM3.44 level.
Subsequent support @ MA20 level.

Let's watch closely.

Wednesday, August 28, 2013

Technical Analysis Aug 2013: BENALEC (5190)


BENALEC HOLDINGS BERHAD

Observation from Chart:-

BENALEC retrace down from RM1.39 to RM1.11 (-RM0.28 or -20%)

Reversal candlestick been formed, how high will it rebound?

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

Immediate resistance @ RM1.18 level.
Strong resistance @ RM1.285 level.

Immediate support @ RM1.11 level.
Subsequent support @ RM1.08 level.

Let's watch closely.

Sunday, August 25, 2013

Technical Analysis Aug 2013: CUSCAPI (0051)

CUSCAPI BHD

Observation from Chart:- 

CUSCAPI succeed breakout RM0.44 resistance level ?
What's next level?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
It's an opportunity if retest support level.

Immediate support @ RM0.44 level.
Subsequent resistance @ MA20 level.

Let's watch closely.

Technical Analysis Aug 2013: UEMS (5148)

UEM SUNRISE BERHAD

Observation from Chart:-

UEMS keep forming lower high & lower low.

Will it rebound @ RM2.48 support level?

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

High possibility it might retest immediate support, RM2.48 level.
Immediate resistance @ MA20 level.
Subsequent resistance @ descending triangle line.

Let's watch closely.

Friday, August 23, 2013

Technical Analysis Aug 2013: MNRB (6459)

MNRB HOLDINGS BHD

Observation from Chart:-

MNRB retrace down from RM3.85 high & retest MA50 support level.

Will it rebound?

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

Immediate resistance @ MA20 level.
Subsequent resistance @ RM3.85

Immediate support @ MA50 level.
Subsequent support @ MA10

Let's watch closely for rebound opportunity.

Thursday, August 22, 2013

Technical Analysis Aug 2013: SCABLE (5170)

SARAWAK CABLE BERHAD

Observation from Chart:-

SCABLE retrace down from RM2.23 high & retest MA20 support level.

Will it rebound?

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

Immediate resistance @ RM2.23 level.

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

Let's watch closely.

Monday, August 19, 2013

Technical Analysis Aug 2013: E&O (3417)


EASTERN & ORIENTAL BERHAD

Observation From Chart:

E&O retest RM2.25 resistance level.

Will it break through & go higher?

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

Immediate resistance @ RM2.25 level.
Immediate support @ RM2.18 level.
Subsequent support @ RM2.10 level.

Let's watch closely.

Sunday, August 18, 2013

Technical Analysis Aug 2013: MBSB (1171)

MALAYSIA BUILDING SOCIETY BERHAD
Observation from Chart:

MBSB  keep retest RM3.18 resistance.

How about this round? Will it breakout?

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

If breakout RM3.18 resistance, uptrend will be continue.
Immediate resistance @ MA20 / MA50 level.
Immediate support @ ascending triangle level.

Let watch closely...

Saturday, August 17, 2013

Technical Analysis Aug 2013: YTLE (0009)

YTL E-SOLUTIONS BHD

Observation from Chart

YTLE (0009) is forming symmetrical triangle.

When will it breakout the strong resistance?

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

Immediate resistance @ upper triangle line.
Immediate support @ lower triangle line.

Let's watch closely for the breakout.

Technical Analysis Aug 2013: TASCO (5140)


TASCO BERHAD

Observation from Chart:- 

TASCO forming higher high & higher low.

Will it retest RM2.32 level?

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

If retrace down, MA20 would be immediate support.
Strong support @ MA100 level.

Immediate resistance would be RM2.32
Let's watch closely.

Wednesday, August 14, 2013

Technical Analysis Aug 2013: MUDAJAYA (5085)

MUDAJAYA GROUP BERHAD

Observation from Chart:-

MUDAJAYA forming ascending triangle.

Will it break out the resistance?

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

 Although momentum is there, it would be better wait for official break out.

If break up, bull run will kick off.
However, it break down MA20 support, potential facing high selling pressure.

Let's watch closely.

Tuesday, August 13, 2013

Technical Analysis Aug 2013: PADINI (7052)


PADINI HOLDINGS BHD

Observation from Chart:-

PADINI keep forming lower high & lower low.

Is that rebound soon? Or going lower low again?

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

Immediate support @ RM1.76 level.
Immediate resistance @ MA20 level.
Subsequent resistance @ RM1.84 level.

Let's watch closely for the breakout.

Technical Analysis Aug 2013: HAPSENG (3034)

HAP SENG CONSOLIDATED BERHAD

Observation from Chart:-

HAPSENG keep forming higher high & higher low.

 How high will it go?

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

High probably will retest RM1.75 level.
If able break through, higher high been formed.

Immediate support @ MA20 which is around RM2.02 level.
Subsequent support @ RM1.97 level.
It's opportunity if retrace down retest immediate support.
 Let's watch closely.
 

Monday, August 12, 2013

Technical Analysis Aug 2013: SERSOL (0055)

SERSOL BERHAD

Observation from Chart:-

SERSOL succeed breakout RM0.28 on July 19, 2013

As per Aug 12, 2013, the bull run been generated 105% of return.

What's next target?

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

Immediate support @ MA20
Subsequent support @ MA50 which is around RM0.28 level.

Due to extremely overbought, correction & consolidate will be take place soon.
Let's watch closely.

Sunday, August 11, 2013

Technical Analysis Aug 2013: KSENG (3476)

KECK SENG (M) BHD

Observation from Chart:-

KSENG succeed breakout Ascending Triangle resistance, RM5.24 level.

What's next target?

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

Immediate support @ RM5.24
Subsequent support @ MA20

It's opportunity to entry while retest support level.
Let's watch closely.

Thursday, August 8, 2013

Technical Analysis Aug 2013: DELEUM (5132)


DELEUM BERHAD

Observation from Chart:-

DELEUM retest RM3.82 resistance level again.

How about this round, will it break through & go higher?

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

Immediate resistance @ RM3.82
Immediate support @ MA20

Let watch closely for break out...

Tuesday, August 6, 2013

Technical Analysis Aug 2013: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO succeed break through RM2.80 resistance level with nice volume.

How high will it go?

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

Immediate resistance @ RM2.88 level.
Subsequent resistance @ RM3.08 level.

Immediate support @ RM2.80
Subsequent support @ MA20 which is RM2.72 level.

It's an entry opportunity if retrace down retest support level.
Let's watch closely.