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.