Tuesday, December 16, 2014

Technical Analysis Dec 2014: SKPETRO (5218)

SapuraKencana Petroleum Berhad (5218) 

Observation from Chart:

SKPETRO (5218) have been retrace down 50.1%.

Will it technical rebound? Or break the RM2.00 support?

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

Immediate support @ RM2.00 level.
Immediate resistance @ RM2.40 level.
Subsequent resistance @ MA20 level.

Do monitor crude oil price.

Let's watch closely for rebound opportunity.

Tuesday, December 9, 2014

Technical Analysis Dec 2014: UMWOG (5243)

UMW Oil & Gas Corporation Berhad (5243) 

Observation from Chart:-

UMWOG (5243) consolidate side way?

Will it rebound @ this level?

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

Immediate support @ RM2.30 level.
Subsequent suport @ RM2 level.

Immediate resistance @ RM2.60 level.
Subsequent resistance @ RM2.88 level, which is MA20.

Let's watch closely.

Sunday, December 7, 2014

Technical Analysis Dec 2014: EFFICEN (0064)

EFFICIENT E-SOLUTIONS BHD

Observation from Chart:-

EFFICEN consolidate sideway?

Will it retrace down to RM0.25 support level?

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

Immediate support @ RM0.25 level.
Subsequent suport @ RM0.225 level.

Immediate resistance @ RM0.295 level, which is MA100.
Subsequent resistance @ RM0.33 level, which is MA20 / MA50.

Let's watch closely.

Technical Analysis Dec 2014: KNM (7164)

KNM GROUP BERHAD 

Observation from Chart:-

KNM have been retrace down 60.3%.

Will it rebound @ RM0.45 support level ?

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

Immediate support @ RM0.45
Subsequent suport @ RM0.425 level.

Immediate resistance @ RM0.52 level.
Subsequent resistance @ RM0.57 level.

From technical view, KNM is forming lower low & lower high, market sentiment is bearish.
NO bullish reversal been form yet.

Let's watch closely for rebound opportunity.

Thursday, December 4, 2014

Technical Analysis Dec 2014: HAIO (7668)

HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO forming lower high & lower low?

How low will it go?

Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K @ oversold stage.

Immediate resistance @ RM2.44 level.
Subsequent resistance @ RM2.55 level.

Immediate support @ RM2.30 level.
Subsequent support @ RM2.21 level.

Let's watch closely.

Wednesday, December 3, 2014

Technical Analysis Dec 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX forming double bottom @ RM2.01 level ?

Will it breakout descending triangle resistance?

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

Immediate resistance @ RM2.15 level.
Subsequent resistance @ RM2.17 level.

Immediate support @ RM2.01 level.
Subsequent support @ RM1.89 level.

How do you think on USD impact glove sector?
http://globalrubbermarkets.com/6397/malaysia-rubber-gloves-gain-on-weakening-ringgit.html
http://www.theedgemarkets.com/en/node/172663

Let's watch closely ...

Sunday, November 30, 2014

Technical Analysis Nov 2014: ARMADA (5210)


BUMI ARMADA BERHAD

Observation from Chart:-

ARMADA forming lower high & lower low.

How low will it go?

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

Immediate support RM1.00 psychology support level.

Immediate resistance @ RM1.34 level.
Subsequent resistance @ RM1.43 level.

Let watch closely......

Sunday, November 23, 2014

Technical Analysis Nov 2014: CIMB (1023)

CIMB GROUP HOLDINGS BERHAD 

Observation From Chart:

CIMB formed lower high & lower low.

How low will it go?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastics %K @ oversold stage, pending BUY call.

Immediate resistance @ RM6.00 level.
Subsequent resistance @ RM6.15 level.

Immediate support @ RM5.50 level.
Subsequent support @ RM5.00 level.

Let's watch closely for technical rebound.

Saturday, November 22, 2014

Technical Analysis Nov 2014: NOVAMSC (0026)

NOVA MSC BHD

Observation from Chart:-

NOVAMSC (0026) is retest RM0.185 resistance level.

Will it breakout & form higher high?

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

If retrace down, immediate support @ RM0.145 level.
Subsequent support @ RM0.115 level.

If succeed breakout the resistance, higher high is confirm. Then most likely another wave of uptrend.
Do watch out upcoming quarter result, which will announce next few days.

Let's watch closely

Thursday, November 20, 2014

Technical Analysis Nov 2014: BJTOTO (1562)





BERJAYA SPORTS TOTO BERHAD

Observation from Chart:-

BJTOTO is forming double bottom @ RM3.37 level ?

Will it breakout RM3.70 level to form "W" sign?

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

If retrace down, immediate support @ RM3.37 level.
Strong support @ RM3.00 level.

Insider start acquire the share & perform share buy back in huge volume.
For more info, pls refer BursaMalaysia website.

Double bottom @ RM3.37 seem solid.



Immediate resistance @ MA20 level.
Subsequent resistance @ MA50 level.
Strong resistance @ RM3.70 level, which is "W" level.

Let's watch closely

Tuesday, November 18, 2014

Technical Analysis Nov 2014: IFCAMSC (0023)

IFCA MSC BHD 

Observation From Chart:-

IFCAMSC retest RM0.89 resistance level... 

Will it breakout ?

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

Immediate resistance @ RM0.90 level.
Subsequent resistance @ RM1.00 psychology level.

Immediate support @ RM0.76 level.
Subsequent support @ RM0.71, which is MA20 level.

Let's watch closely.

Monday, November 17, 2014

Technical Analysis Nov 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX have been retrace down 16.5%...

Will it rebound @ psychology support level, RM2.00 ?

Other indicator:-
MACD moving toward negaive region, downtrend sign.
Stochastic %K at oversold stage

Immediate resistance @ RM2.06 level. 
Subsequent resistance @ RM2.16 level.

Immediate support @ RM2.00 level.
Subsequent support @ RM1.82 level.

Let's watch closely for technical rebound ...

Thursday, November 6, 2014

Technical Analysis Nov 2014: COASTAL (5071)


COASTAL CONTRACTS BHD (5071) 

Observation From Chart:-

COASTAL forming lower high.

Will it forming lower low?

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

Immediate support @ RM3.50 level.
Subsequent support @ RM3.15 level.

Immediate resistance @ MA20 level.
Subsequent resistance @ RM4.05 level.

Let's watch closely

Wednesday, November 5, 2014

Technical Analysis Nov 2014: SKPETRO (5218)

SapuraKencana Petroleum Berhad (5218) 

Observation from Chart:

SKPETRO (5218) retest RM3.14 support level.

Will it rebound? Or break the support?

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

If lower low is confirm, it might form another wave of downtrend.

Immediate support @ RM3.00 level.
Subsequent support @ RM2.95 level.

Immediate resistance @ RM3.35 level.
Subsequent resistance @ RM3.50 level.

Let's watch closely for rebound opportunity.

Sunday, November 2, 2014

Technical Analysis Nov 2014: GTRONIC (7022)

GLOBETRONICS TECHNOLOGY BHD 

Observation from chart:-

GTRONIC forming ascending triangle?

Will it breakout & go higher?

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

Immediate resistance would be RM4.53 level.
Subsequent resistance @ MA50 level.

If retrace down, immediate support @ MA20 level.
Subsequent support @ RM4.20 level.

Let's watch closely.

Tuesday, October 28, 2014

Technical Analysis Oct 2014: SKPETRO (5218)

SapuraKencana Petroleum Berhad (5218) 

Observation from Chart:

SKPETRO (5218) retrace down from technical rebound.

Will it form double bottom @ RM3.15 level ?

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

High probably will retest RM3.15 support level.
Do need to watch out lower high & lower low for the another wave of downtrend.

Immediate support @ RM3.15 level.
Subsequent support @ RM3.00 level.

Immediate resistance @ RM3.60 level.
Subsequent resistance @ MA20 level.

Let's watch closely for opportunity.

Sunday, October 26, 2014

Technical Analysis Oct 2014: FGV (5222)

FELDA GLOBAL VENTURES HLDG BHD 

Observation From Chart:

FGV rebound from RM3.00 psychology level.

How high will it go?

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

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

Immediate support @ RM3.00 level.

If able forming double bottom, FGV might be turn bullish.

Let's watch closely.

Tuesday, October 21, 2014

Technical Analysis Oct 2014: GENM (4715)

GENTING MALAYSIA BERHAD 

Observation from Chart:

GENM forming lower high & lower low...

How low will it go?

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

Immediate support @ RM3.90 level.
Subsequent support @ RM3.78 level.

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

Let's watch closely...

Sunday, October 19, 2014

Technical Analysis Oct 2014: AAX (5238)


AIRASIA X BERHAD (5238)

Observation from Chart:

AAX (5238) rebound @ RM0.685 support level.

How high will it rebound?

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

Immediate resistance @ RM0.74 level.
Subsequent resistance @ RM0.78 level.

Immediate support @ RM0.685 level.
If break RM0.685, lower low is formed. Most likely it might be facing selling pressure.

Let's watch closely.

Saturday, October 18, 2014

Technical Analysis Oct 2014: SEAL (4286)

SEAL INCORPORATED BHD

Observation from Chart:-

SEAL (4286) have been retrace down 48.3%

How low will it go?

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

If technical rebound, immediate resistance @ MA20 level.
Subsequent resistance @  MA50 level

Immediate support would be RM0.74 level.
Subsequent support @ RM0.64 level.

 Let's watch closely for technical rebound

Wednesday, October 15, 2014

Technical Analysis Oct 2014: DRBHCOM (1619)

DRB-HICOM BERHAD 

Observation from Chart:-

DRBHCOM forming descending triangle?

How low will it go?

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

If technical rebound,
Immediate resistance @ RM2.14 level.
Subsequent resistance @ MA20 level.

Immediate support would be RM2.00 level.
Subsequent support @ RM1.95 level.

Let's watch closely.

Technical Analysis Oct 2014: INARI (0166)

INARI AMERTRON BERHAD 

Observation from chart:-

INARI is forming lower low & break MA200 support level.

When will it rebound?

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

Immediate support @ RM2.31 level.
Subsequent support @ RM2.00 level. 

Due to oversold, most likely will technical rebound soon.
Immediate resistance @ RM2.55 level.
Subsequent resistance @ MA200 level.

Let's watch closely.

Monday, October 13, 2014

Technical Analysis Oct 2014: HAPSENG (3034)

HAP SENG CONSOLIDATED BERHAD 

Observation from Chart:-

HAPSENG forming higher high & higher low.

How about this round? Will it breakout RM4.00 & go higher?

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

If able breakout RM4.00, another new high record been form.

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

Let's watch closely.

Sunday, October 12, 2014

Technical Analysis Oct 2014: GENTING (3182)


GENTING BERHAD 

Observation from Chart:-

GENTING is retest RM9.28 support level.

Will it rebound? Or forming lower low?

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

If rebound, MA20 would be immediate resistance level.
Next resistance would be RM9.55 level.

If break down, lower low will be formed.
Next support would be RM9.18 support level.

Let's watch closely.

Saturday, October 11, 2014

Technical Analysis Oct 2014: ZHULIAN (5131)

ZHULIAN CORPORATION BERHAD 

Observation from Chart:

ZHULIAN is forming descending triangle pattern.

Will it rebound from strong support, RM2.33 level?

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

Immediate support @ RM2.33 level.
Subsequent support @ RM2.00 psychology level.

Immediate resistance @ descending triangle level.
Subsequent resistance @ RM2.49 level.

Let's watch closely technical rebound.

Thursday, October 9, 2014

Technical Analysis Oct 2014: HAIO (7668)

HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO retest RM2.50 support level.

Will it rebound?

Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K @ oversold stage.

Immediate resistance @ RM2.55 level which is MA200 level.
Subsequent resistance @ RM2.60 level which is MA100 level.

Immediate support @ RM2.50 level.
Subsequent support @ RM2.40 level.

If unable sustain @ RM2.50, high probably it will retest RM2.40 level.

Let's watch closely.

Tuesday, October 7, 2014

Technical Analysis Oct 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMX succeed breakout bolinger band squeeze...

How high will it go?

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

Immediate resistance @ RM2.42 level.
Subsequent resistance @ RM2.48 level, which is MA200.

Immediate support @ RM2.27 level.
Subsequent support @ MA20/ MA50 level.

Enterovirus & EBOLA theme might boost up glove sector bull run. Source: http://news.yahoo.com/four-old-us-child-dies-enterovirus-d68-213411596.html

http://www.nydailynews.com/life-style/health/american-ebola-patient-lands-nebraska-treatment-dallas-patient-fights-life-article-1.1964650

Let's watch closely ...

Wednesday, October 1, 2014

Technical Analysis Oct 2014: AFG (2488)

ALLIANCE FINANCIAL GROUP BHD (2488) 

Observation from Chart:

AFG consolidate sideway & forming bolinger band squeeze...

Will it break out the band?

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

If break down bolinger band, it still have 1 strong support as per drawn on chart.

Immediate resistance @ RM5.05 level.
Subsequent resistance @ RM5.18 level.

Let's watch closely.

Sunday, September 28, 2014

Technical Analysis Sept 2014: WILLOW (0008)

WILLOWGLEN MSC BHD 

Observation from Chart:

WILLOW (0008) forming ascending triangle pattern.

Will it break through the resistance, RM0.925 level ?

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

Immediate resistance @ MA20 level.
Subsequent resistance @ RM0.925 level.

Immediate support @ ascending triangle line level.
Subsequent support @ MA50 level.

If able breakout RM0.925 resistance, another new high record been form & bull run might be resume.

Let's watch closely.

Saturday, September 27, 2014

Technical Analysis Sept 2014: KIMHIN (5371)

KIM HIN INDUSTRY BHD 

Observation From Chart:

KIMHIN forming higher high & higher low.

How high will it go?

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

Immediate resistant RM1.72 level.

High possibility will be retrace down retest support level.
Immediate support RM1.56 level.
Subsequent support MA20 level.

Let's watch closely.

Monday, September 22, 2014

Technical Analysis Sept 2014: KULIM (2003)

KULIM (MALAYSIA) BERHAD 

Observation From Chart:

KULIM rebound from RM3.27 support level.

Will it breakout RM3.50 resistance level?

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

Immediate resistant RM3.50 level.
Subsequent resistance RM3.56 level.

Immediate support MA20 level.
Subsequent support would be RM3.27 level.

Let's watch closely.

Thursday, September 18, 2014

Technical Analysis Sept 2014: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO retest ascending triangle resistance.

Will it breakout the resistance?

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

Immediate resistance @ RM2.72 level.
Subsequent resistance @ RM2.74 level.

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

HAIO keep on perform Share Buy Back, till today Cumulative net outstanding treasury shares as at to-date is 3.3% of outstanding shares of the listed issuer.

Based on pass history, HAIO do distribute treasury shares as bonus issue.
So, how do you think about this round?

Pass history on HAIO dividend.
http://www.hai-o.com.my/dividend.php

Do watch out upcoming AGM, perhaps will announce some good news conjunction HAIO 40th Anniversary. 

Let's watch closely.

Monday, September 15, 2014

Technical Analysis Sept 2014: FGV (5222)

FELDA GLOBAL VENTURES HLDG BHD 

Observation From Chart:

FGV forming lower high & lower low.

How low will it go?

Other indicator:-
MACD trade @ negative region, downtrend sign. 
Stochastic %K oversold stage.

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

Immediate support @ RM3.50 level.
Subsequent support @ RM3.00 level.

Let's watch closely for technical rebound
.

Thursday, September 11, 2014

Technical Analysis Sept 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX rebound from MA20/ MA50 support level. 

Will it breakout MA100 resistance level?

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

Immediate resistance @ MA100 level.
Subsequent resistance @ RM2.42 level.

Immediate support @ MA20/MA50 level.
Subsequent support @ RM2.17 level.

Enterovirus & EBOLA theme might boost up glove sector bull run.

Source:
http://www.cnn.com/2014/09/09/health/enterovirus-clusters/ http://www.washingtonpost.com/news/to-your-health/wp/2014/09/10/this-is-how-people-are-being-warned-about-the-ebola-epidemic-in-west-africa/

 Let's watch closely ...

Wednesday, September 3, 2014

Technical Analysis Sept 2014: ULICORP (7133)

UNITED U-LI CORPORATION BHD (7133) 

Observation from Chart:-

ULICORP (7133) retrace down retest RM1.70 bolinger band support level.

Will it rebound?

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

Immediate support @ RM1.71 level.
Subsequent support @ RM1.63 level.

Immediate resistance @ MA20 level.
Subsequent resistance @ RM1.83 level.

Let's watch closely.

Sunday, August 31, 2014

Technical Analysis Aug 2014: IRIS (0010)

IRIS CORPORATION BHD 

Observation from Chart:-

IRIS (0010) is forming reversal candlestick ...

Will it rebound?

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

Immediate resistance @ RM0.41 level.
Subsequent resistance @ MA20/MA50 level.

Immediate support @ RM0.36 level.
Subsequent support @ RM0.33 level.

On 29 Aug 2014, IRIS announced below market expectation Q1 result & causing the sell off...

Let watch closely for rebound.

Friday, August 29, 2014

Technical Analysis Aug 2014: PADINI (7052)

PADINI HOLDINGS BHD 

Observation from Chart:-

PADINI retest RM1.87 support level.

Will it rebound ? Or break the support level?

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

Immediate support @ RM1.87 level. Once it break the strong support, it might be high selling pressure.

Immediate resistance @ RM1.92 level.
Subsequent resistance @ MA20 / MA50 level, which is RM1.95 level.

Let's watch closely.

Sunday, August 24, 2014

Technical Analysis Aug 2014: MMCCORP (2194)

MMC CORPORATION BERHAD 

Observation From Chart:-

MMCCORP retest RM2.33 support level. 

Will it rebound?

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

It might be consolidate sideway.
If rebound, immediate resistance @ MA20 which is RM2.45 level.
Subsequent resistance @ MA50 which is RM2.51 level.

Immediate support @ RM2.33
Subsequent support @ RM2.25

Let's watch closely.

Friday, August 22, 2014

Technical Analysis Aug 2014: ULICORP (7133)

UNITED U-LI CORPORATION BHD (7133) 

Observation from Chart:-

ULICORP (7133) retrace down retest RM1.71 bolinger band support level.

Will it rebound?

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

Immediate support @ RM1.71 level.
Subsequent support @ RM1.63 level.

Immediate resistance @ MA20 level.
Subsequent resistance @ RM1.81 level.

DO watch out upcoming quarter result, which will announce next week.
Perhaps the result above expectation, it might breakout the band & go higher.

Let's watch closely.

Sunday, August 17, 2014

Technical Analysis Aug 2014: OSK (5053)

OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) forming higher high.

How high will it go?

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

Due to overbought, it's opportunity if retrace down to RM2.30 support level.
Subsequent support @MA20 level.

Let's watch closely.

Sunday, August 10, 2014

Technical Analysis Aug 2014: MAS (3786)

MALAYSIAN AIRLINE SYSTEM BERHAD

Observation from Chart:

MAS forming ascending triangle pattern.

Will it breakout RM0.25 resistance level?

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

Khazanah to cough out 1.4b ringgit to privatise MAS, offers 27 sen/shr
Source: http://www.businesstimes.com.sg/breaking-news/asia/khazanah-offers-27-sen-share-mas-20140808

As the privatize news & offer price been announced, most likely it will be trade around the offer price range.

Let's watch closely...

Saturday, August 9, 2014

Technical Analysis Aug 2014: COASTAL (5071)

COASTAL CONTRACTS BHD (5071) 

Observation From Chart:-

COASTAL succeed breakout RM5.16 resistance level.

How high will it go?

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

Immediate support @ MA20 level, which is around RM5.16 
Subsequent support @ ascending triangle lower line level. 

According announcement on Bursa, EPF have acquisition of 1,671,500 Ordinary Shares on 5-August 2014
However, insider Ng Chin Heng son, Mr Ng San Chen, have disposed 448,600 unit via open market on 6 August 2014.

Technically, it might be go higher because higher high been formed.

Let's watch closely

Wednesday, August 6, 2014

Technical Analysis Aug 2014: UNISEM (5005)

UNISEM (M) BERHAD 

Observation from Chart:-

UNISEM forming ascending triangle pattern.

Will it breakout RM1.78 resistance level?

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

If able break through RM1.78 resistant, next resistant would be RM1.92 level.
Subsequent resistance, RM2.00 level.

If retrace down, MA20 is immediate support.
Subsequent support, RM1.67 level.

Let's watch closely for opportunity.

Tuesday, August 5, 2014

Technical Analysis Aug 2014: ZELAN (2283)

Zelan Berhad 

Observation from Chart:

ZELAN retest RM0.36 resistance level.

Will it breakout?

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

If able break through RM0.36 resistant, next resistant would be RM0.415 level.
Subsequent resistance, RM0.46 level.

If retrace down, MA20 is immediate support.
Subsequent support, RM0.27 level.

 Let's watch closely.

Monday, August 4, 2014

Technical Analysis Aug 2014: DIGI (6947)

DIGI.COM BHD 

Observation from Chart:-

DIGI forming higher high & higher low.

How high will it go?

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

Immediate support @ RM5.78 level.
Subsequent support @ MA20 level.

Due to new high record, no immediately resistance..
It's opportunity if consolidate or retest support level.

Let's watch closely.

Saturday, August 2, 2014

Technical Analysis Aug 2014: HAIO (7668)

HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO succeed breakout ascending triangle resistance.

How high will it go?

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

Immediate resistance @ RM2.70 level.
Subsequent resistance @ RM2.74 level.

Immediate support @ MA20 level.
Subsequent support @ MA200 level.

HAIO keep on perform Share Buy Back, till today Cumulative net outstanding treasury shares as at to-date is 3.27% of outstanding shares of the listed issuer.

Based on pass history, HAIO do distribute treasury shares as bonus issue.

So, how do you think about this round? 

Pass history on HAIO dividend.
http://www.hai-o.com.my/dividend.php

Let's watch closely.

Friday, August 1, 2014

Technical Analysis Aug 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX succeed breakout MA50 resistance & retest MA100 resistance level.

Will it breakout MA100 resistance level?

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

Immediate resistance @ MA100 level.
Subsequent resistance @ MA200 level.

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

EBOLA theme might boost up glove sector bull run.
Source:
http://online.wsj.com/articles/sierra-leone-leader-calls-in-army-to-quarantine-ebola-stricken-neighborhoods-1406804513

Let's watch closely ...

Saturday, July 26, 2014

Technical Analysis July 2014: SCOMI (7158)

SCOMI GROUP BERHAD

Observation from Chart:-

SCOMI succeed breakout MA20 resistance level.

How high will it go?

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

Immediate resistance @ RM0.42 level
Subsequent resistance @ RM0.43 level

If retrace down or consolidate side way,
immediate support @ MA200 which is RM0.405 level.
subsequent support @ MA20, which is RM0.40 level.

Let watch closely...

Friday, July 25, 2014

Technical Analysis July 2014: GLOMAC (5020)

GLOMAC BERHAD

Observation from Chart:-

GLOMAC succeed breakout RM1.14 resistance level.
Will it break RM1.17 resistance?

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

Immediate resistance @ RM1.17 level
Subsequent resistance @ RM1.21 level

If retrace down or consolidate side way,
immediate support @ RM4.45 level.
subsequent support @ MA200, which is RM1.10 level.

Let watch closely...