Sunday, July 21, 2013

Technical Analysis July 2013: GENM (4715)

GENTING MALAYSIA BERHAD

Observation from Chart:

GENM forming double top @ RM4 level.

Will it break through RM4.00 psychology level?

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

Immediate support @ MA20 / MA50 which is RM3.86 level.
Immediate resistance @ RM4.00 level.
If able break through, higher high is confirm, uptrend will resume.

 Let's watch closely...

Thursday, July 18, 2013

Technical Analysis July 2013: PERISAI (0047)


PERISAI PETROLEUM TEKNOLOGI BHD

Observation from Chart:-

PERISAI succeed break through strong resistance, RM1.65.

How high will it go?

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

Higher high been confirm, it's opportunity if retest support level.

If retrace down, immediate support @ RM1.65
Subsequent support @ MA20 / MA50 level.

Let's watch closely.

Tuesday, July 9, 2013

Technical Analysis July 2013: MITRA (9571)

MITRAJAYA HOLDINGS BERHAD

Observation From Chart:

MITRA succeed break through descending triangle with huge volume.
How high would it go?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K still on BUY call itinerary.

Immediate resistance, RM0.55 level.
Subsequent resistance, RM0.60 level.

Immediate support MA50 level.
Subsequent support RM0.475 level.

Let watch closely.

Tuesday, July 2, 2013

Technical Analysis July 2013: FABER (1368)

FABER GROUP BHD

Observation From Chart:

FABER is retest RM1.82 resistance level..
Will it break through the resistance?

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

Immediate resistance, RM1.82 level.
Immediate support MA20 level.

If able break through RM1.82, higher high is formed.

Let's watch closely.

Monday, July 1, 2013

Technical Analysis July 2013: YEELEE (5584)

YEE LEE CORPORATION BHD (5584)

Observation from Chart:-

YEELEE succeed break through RM1.23 resistance level.
How high will it go?

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

Immediate support @ RM1.23 level.
Subsequent support @ MA20 level.

Higher high been confirmed, it's on uptrend.
It would be an opportunity, if able form a retrace down retest support level.

Let's watch closely.