Thursday, January 31, 2013

Technical Analysis Jan 2013: MRCB (1651)

MALAYSIAN RESOURCES CORP BHD

Observation from Chart:

MRCB break down RM1.54 strong support, facing high selling pressure.

When will it technical rebound?

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

Immediate resistance @ RM1.40 level.
Subsequent resistance @ RM1.54 level.

Immediate support @ RM1.33 level.
Subsequent support @ RM1.26 level.

Let's watch closely.

Tuesday, January 29, 2013

Technical Analysis Jan 2013: MISC (3816)

MISC BERHAD

Observation from Chart:-

MISC succeed break through MA200 resistance level with huge volume.

How high will it go?

Other indicator:-
MACD trade positive region, uptrend sign.
Stochastic %K already at oversbought stage, pending trigger SELL call.
Short term outllok quite bullish BUT correction will be in place soon.

If retrace down, immediate resistance would be MA200 level.
Subsequent resistance would be MA20 / MA100 level.

Let watch closely...

Monday, January 28, 2013

Technical Analysis Jan 2013: GENTING (3182)

GENTING BERHAD

Observation from Chart:-

GENTING is retest MA20 support level.

Will it rebound?

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

If rebound, RM9.80 would be immediate resistance level.
If break down, next support would be MA200 support level.

Let's watch closely.

Sunday, January 27, 2013

Technical Analysis Jan 2013: AIRASIA (5099)

AIRASIA BERHAD

Observation from Chart:

AIRASIA retest MA50 resistance level, RM2.80.

Will it break through?

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

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

If retrace down, might retest immediate support @ RM2.53 level.

Let's watch closely.

Wednesday, January 23, 2013

Technical Analysis Jan 2013: GENM (4715)

GENTING MALAYSIA BERHAD

Observation from Chart:

GENM rebound from RM3.52 support.

Will it break through RM3.68 resistance level?

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

Immediate resistance @ RM3.68 level.
If able break through, will retest RM3.80 level.

Immediate support @ MA50 / MA100 which is RM3.52 level.

Let's watch closely...

Tuesday, January 22, 2013

Technical Analysis Jan 2013: ASTRO (6399)

ASTRO MALAYSIA HOLDINGS BERHAD

Observation From Chart:

ASTRO retrace down from RM3.05 high.

How low will it go?

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

Immediate resistance @ MA50 level, which is around RM2.86
Subsequent resistance @ MA20 level, which is around RM2.96

Immediate support @ RM2.73 level.
Subsequent support @ RM2.59 level.

Once lower low & lower high been formed, it turn into downtrend...
However, if able form double bottom & rebound, it's an opportunity.

Let's watch closely.

Sunday, January 20, 2013

Technical Analysis Jan 2013: OCK (0172)

OCK GROUP BERHAD

Observation from Chart:-

OCK retrace down from RM0.54 high.

How low will it go? Will it rebound @ MA20 support level?

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

Immediate resistance @ RM0.54 level.
Immediate support @ MA20

Let's watch out reversal signal.

Saturday, January 19, 2013

Technical Analysis Jan 2013: YTL (4677)


YTL CORPORATION BERHAD

Observation from Chart:-

YTL retest MA100 support level, RM1.78

Will it rebound? How high will it go?

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

Immediate resistance @ RM1.84 level.
Subsequent resistance @ RM1.90 level.

Immediate support @ RM1.78.
Subsequent support @ RM1.74

Let's watch closely.

Technical Analysis Jan 2013: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO keep retest RM2.50 resistance level.

Will it able break through?

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

Immediate resistance @ RM2.50 level.
Subsequent resistance @ RM2.70 level.

Immediate support @ MA20 level which is RM2.35 level.
Subsequent support @ RM2.25 level.

It's an entry opportunity if retrace down retest support level.
Do watch out the 6cent dividend which will be ex-date on Feb 6, 2013

Let's watch closely.

Thursday, January 17, 2013

Technical Analysis Jan 2013: DIGI (6947)

DIGI.COM BERHAD

Observation from chart:-

DIGI forming ascending triangle pattern?

Will it break through RM5.37 resistance?

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

High probably it might retrace down to MA50 support level.

Immediate resistance @ MA20 level.
Subsequent resistance @ RM5.37 level.

DIGI will announce their Q4 result soon.
If above expectation + declare handsome dividend, it might break through RM5.37
Else, it might consolidate side way or retrace down retest support.

Let's watch closely.

Tuesday, January 15, 2013

Technical Analysis Jan 2013: HAPSENG (3034)

HAP SENG CONSOLIDATED BERHAD

Observation from Chart:-

HAPSENG rebound from MA20 support level.

Will it break through RM1.75 strong resistance?

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

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

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

If review last 3 quarter result, HAPSENG might declare a handsome dividend while announce Q4 result. Q4 result might be delcare early of Feb 2013.

Let's watch closely.

Monday, January 14, 2013

Technical Analysis Jan 2013: GASMSIA (5209)


GAS MALAYSIA BERHAD

Observation From Chart:-

GASMSIA (5209) succeed break through bolinger band squeeze.

How high will it go?

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

Immediate resistance @ RM2.66 level.
Subsequent resistance @ RM2.70 level.

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

If retrace down, higher low is formed, uptrend is confirm.

Let's watch closely for entry opportunity.

Sunday, January 13, 2013

Technical Analysis Jan 2013: YTLPOWR (6742)

YTL POWER INTERNATIONAL BHD

Observation from Chart:-

YTLPOWER retrace down from RM1.67 level, which is MA200 level.

Will it form a reversal @ MA20 support level?

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

Immediate resistance @ RM1.67 level
Immediate support @ MA20 / MA50 level.

It would be an opprtunity, if able form a reversal @ support level.

Let's watch closely.

Thursday, January 10, 2013

Technical Analysis Jan 2013: MYEG (0138)

MY E.G. SERVICES BERHAD

Observation from Chart:-

MYEG retest RM0.855 resistance level.

Will it break through & go higher?

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

Immediate resistance would be RM0.855 level.
However, if retrace down, MA20 / MA50 would be immediate support.

Around end of February, MYEG will announce their Q2 result.

Let's watch closely

Wednesday, January 9, 2013

Technical Analysis Jan 2013: DIALOG (7277)


DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG consolidate within RM2.39 & RM2.45 range.

When will it break through bolinger band squeeze?

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

Immediate resistance @ RM2.45 level.
Immmediate support @ RM2.39 level.

Next month, DIALOG will announce their Q4 result.
If the result is above expectation, high probably will break through & go higher.
If below expectation, it might continue side way or break down the support level.

Let's watch closely.

Tuesday, January 8, 2013

Technical Analysis Jan 2013: UOADEV (5200)



UOA DEVELOPMENT BHD

Observation from chart:-

UOADEV still unable break through RM1.78 resistance level on 4th attempt.

How about this round, 5th attempt?

Other indicator:-

MACD moving toward positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.

Immediate resistance @ RM1.78 level.
Subsequent resistance @ RM1.82 level.

Immediate support @ MA20 level.
Subsequent support @ RM1.69 level.

According last two attempt, the moment unable break through RM1.78, it will retrace down to MA20 support.

Let's watch closely.

Monday, January 7, 2013

Technical Analysis Jan 2013: TOPGLOVE (7113)

TOP GLOVE CORPORATION BERHAD

Observation from chart:

TOPGLOVE forming ascending triangle pattern.

Will it break through the resistance?

Other indicator:-

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

High potential it might retest RM5.75 resistance again.
If bull strong enough, this round it will break through & go higher.

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

Let's watch closely...

Saturday, January 5, 2013

Technical Analysis Jan 2013: BENALEC (5190)


BENALEC HOLDINGS BERHAD

Observation from Chart:-

BENALEC forming ascending triangle pattern?

Will it break through RM1.48 resistance?

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

Immediate resistance RM1.41 level.
Strong resistance @ RM1.48 level.

Immediate support MA20 level.
Subsequent support @ ascending triangle support level.

Let's watch closely.

Thursday, January 3, 2013

Technical Analysis Jan 2013: TAMBUN (5191)

TAMBUN INDAH LAND BERHAD

Observation from Chart:

TAMBUN (5191) succeed break through bolinger band squeeze.

It keep going higher high & create new high record, How high will it go?

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

Immediate support @ MA20 which is around RM0.76 level.
Subsequent support @ MA50 which is around RM0.73 level.

It's opportunity if retrace down retest support.

Let's watch closely...

Wednesday, January 2, 2013

Technical Analysis Jan 2013: UEM LAND (5148)

UEM LAND HOLDINGS BERHAD

Observation from Chart:-

UEMLAND is forming bolinger band squeeze.

When will it break through the resistance?

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

Technically, it require break through RM2.16 resistance level before go higher.
Subsequent resistance @ RM2.25 level

If break down RM2.08 support level, it might encounter high selling pressure.

Let's watch closely.