Thursday, January 30, 2014

Technical Analysis Jan 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMX succeed breakout descending triangle?

 How high will it go?

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

Immediate resistance @ RM3.00 psychology level.

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

Do watch out H1N1 & H7N9, will it kick off the bull run for glove sector?
http://peninsulaclarion.com/news/2014-01-29/state-confirms-soldotna-man-died-of-h1n1-flu

http://www.cidrap.umn.edu/news-perspective/2014/01/seven-new-h7n9-cases-plus-family-cluster-reported

Let's watch closely

Sunday, January 26, 2014

Technical Analysis Jan 2014: WILLOW (0008)

WILLOWGLEN MSC BHD

Observation from Chart:

WILLOW (0008) retrace down from RM0.78 level.

Will it rebound from RM0.685 MA50 support level ?

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

Immediate resistance @ MA20 level, which is RM0.715.
Subsequent resistance @ RM0.73 level.

Immediate support @ MA50 level, which is RM0.685
Subsequent support @ RM0.645 level.
Do watch out upcoming Q4 result which will announce around end of February
Based on pass history, WILLOW do declared handsome dividend, how about this round?

Let's watch closely.

Technical Analysis Jan 2014: ZHULIAN (5131)

ZHULIAN CORPORATION BERHAD
Observation from Chart:

ZHULIAN been retrace down from RM5.14 level to RM3.35 level.

Will it rebound or go to next strong support?

Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K still on SELL call position.
Immediate support @ RM3.00 psychology level.
Subsequent support @ RM2.95 level.

Immediate resistance @ MA200 level.
Subsequent resistance @ RM4.05 level.

Let's watch closely technical rebound.

Saturday, January 25, 2014

Technical Analysis Jan 2014: PADINI (7052)

PADINI HOLDINGS BHD

Observation from Chart:-

PADINI retrace down from RM1.84 high level.

Is that rebound soon? Or going retest RM1.59 support level again?

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

Immediate support @ RM1.59 level.
Immediate resistance @ MA50/ MA100 level.
Subsequent resistance @ MA20 level.

Let's watch closely for reversal sign.

Tuesday, January 14, 2014

Technical Analysis Jan 2014: GTRONIC (7022)

GLOBETRONICS TECHNOLOGY BHD

Observation from chart:-

After consolidate almost 3months,
GTRONIC succeed breakout RM3.20 resistance.
 
Will it hugging bollinger upper band & go higher high?

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

If the bull strong enough, it might hugging bolinger upper band & go higher.

If retrace down,
immediate support would be RM3.20 level.
subsequent support would be MA20/MA50 level.

GTRONIC will announce Q4 result in Feb 2014.
How do you think this upcoming Q4 result? Will it beat yr2012 ?
Do watch out the dividend.

Let's watch closely.

Saturday, January 4, 2014

Technical Analysis Jan 2014: KNM (7164)

KNM GROUP BERHAD

Observation from Chart:-

KNM retest RM0.495 resistance level.

Will it break through the resistance?

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

Immediate support @ RM0.45
Subsequent support @ MA20 / MA50 level.

Immediate resistance @ RM0.495 level.
Subsequent resistance @ RM0.60 level.

Once higher high & higher low is confirm, it will be uptrend.

Let's watch closely.