Monday, March 31, 2014

Technical Analysis Mar 2014: MPAY (0156)

MANAGEPAY SYSTEMS BERHAD (0156)

Observation from Chart:-  

MPAY (0156) keep on retest RM0.27 resistance level. 

Will it breakout & go higher?

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

Immediate support @ MA20 level.
Subsequent support @ RM0.245 level.

Immediate resistance @ RM0.27 level.
Once breakout RM0.27, higher high been form, potential kick off another wave of bull run.

Let's watch closely

Sunday, March 30, 2014

Technical Analysis Mar 2014: BARAKAH (7251)

BARAKAH OFFSHORE PETROLEUM BHD (7251) 

Observation from Chart:-  

BARAKAH (7251) break RM1.50 strong support level? 
How low will it go?

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

Immediate support @ RM1.42 level.
Subsequent support @ RM1.35 level.

Immediate resistance @ RM1.50 level.
Subsequent resistance @ MA20 level.

Let's watch closely

Monday, March 24, 2014

Technical Analysis Mar 2014: TOPGLOVE (7113)

TOP GLOVE CORPORATION BERHAD Observation from chart:

TOPGLOVE hugging bolinger lower band go lower low.

How low will it go?

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

High potential it might retrace down to RM4.62 support level.
Due to oversold, it might be technical rebound soon.
Immediate resistance @ RM5.00 level.

Let's watch closely...

Sunday, March 23, 2014

Technical Analysis Mar 2014: HOVID (7213)

HOVID BHD


Observation from Chart:

HOVID forming bolinger band squeeze....

When will it breakout the squeeze?

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

Immediate support @ RM0.33
Subsequent support @ RM0.30 level.

Immediate resistance @ MA20 / MA50 level
Subsequent resistance @ RM0.36 level.

Let watch closely...

Saturday, March 22, 2014

Technical Analysis Mar 2014: RSAWIT (5113)


RIMBUNAN SAWIT BERHAD
Observation from Chart:

RSAWIT rebound from MA20 support level.

Will it go higher high?

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

Immediate support @ RM0.83
Subsequent support @ RM0.815 level.

Immediate resistance @ RM0.88 level
Subsequent resistance @ RM0.895 level.

Let watch closely...

Tuesday, March 18, 2014

Technical Analysis Mar 2014: TAMBUN (5191)

TAMBUN INDAH LAND BERHAD 

Observation from Chart: 

TAMBUN (5191) forming ascending triangle pattern.

Will it breakout RM1.83 resistance level? 

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

Immediate support @ MA20 which is around RM1.76 level. 
Subsequent support @ RM1.67 level.


Immediate resistance @ RM1.83 level.
If able breakout, higher high been confirm, uptrend will resume..

Let's watch closely...

Sunday, March 16, 2014

Technical Analysis Mar 2014: MUHIBAH (5703)

MUHIBBAH ENGINEERING (M) BHD
Observation from Chart:

MUHIBAH forming higher high & higher low.

Will it rebound after retest immediate support?

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

High potential will retest RM2.73 support level.
If retrace down, immediate support @ MA20 level.

if able breakout RM2.85, another new high record been form.

Let's watch closely for the opportunity...

Saturday, March 15, 2014

Technical Analysis Mar 2014: MUDA (3883)

MUDA HOLDINGS BHD (3883) 

Observation from Chart:

MUDA retest MA20 support level?

Will it rebound @ this strong support?

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

Immediate resistance @ RM1.85 level.

Immediate support @ MA20 level, which is around RM1.69 level.
Subsequent support @ RM1.49 level.

Let's watch closely.

Technical Analysis Mar 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:- 

SUPERMX break the MA100 support level...

How low will it go?

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

Immediate resistance @ MA100 level.
Subsequent resistance @ RM2.80 level.

Immediate support @ RM2.62 level
Subsequent support @ MA200 level, which is around RM2.50.

Let watch closely for technical rebound.

Tuesday, March 11, 2014

Technical Analysis Mar 2014: GHLSYS (0021)

GHL SYSTEMS BHD


Observation from Chart:-

GHLSYS forming bolinger band squeeze?

Will it retest RM0.68 support level again ? Or break out the strong resistance?

Other indicator:- 
MACD moving toward positive region, uptrend stock. 
Stochastic %K trigger SELL call, pending confirmation. 

Immediate support @ MA20 / MA50 level.
Subsequent support @ RM0.68 level.

Immediate resistance @ RM0.83 level.
Subsequent resistance @ RM0.90 level.

Let's watch closely.

Sunday, March 9, 2014

Technical Analysis Mar 2014: GAMUDA (5398)

Gamuda Berhad (5398)

Observation from Chart:

GAMUDA retest MA200 resistance level, RM4.68 level.

Will it break through this strong resistance?

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

Immediate resistance @ MA200 / MA100 level.

Subsequent resistance @ RM4.79 level.

Immediate support @ MA20 / MA50 level.
Subsequent support @ RM4.25 level.

Let's watch closely.

Thursday, March 6, 2014

Technical Analysis Mar 2014: INARI (0166)

INARI AMERTRON BERHAD 

Observation from chart:-

INARI retest RM2.00 psychology resistance level.

Will it breakout & go higher?

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

If INARI succeed breakout the resistance & it's another new high record, there is no immediate resistance.
If retrace down, immediate support would be MA20 level.
Subsequent support @ MA50 level.

Upcoming dividend ex-date fall on 18 March 2014

Let's watch closely.

Wednesday, March 5, 2014

Technical Analysis Mar 2014: GTRONIC (7022)

GLOBETRONICS TECHNOLOGY BHD

Observation from chart:-
GTRONIC forming another round of bolinger band squeezes within RM3.18 & RM3.42 level.

Will it breakout RM3.42 level?

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

Immediate resistance would be RM3.42 level.
If able breakout, it's another new high. Bull run might be resume.

If retrace down or consolidate side way,
immediate support @ MA50, which is RM3.23 level.
subsequent support @ RM3.18 level.

26 Feb 2014, GTRONIC been announced dividend 4% & special dividend 10%
Both will be ex-date on 12 march 2014

Let's watch closely.

Monday, March 3, 2014

Technical Analysis Mar 2014: DRBHCOM (1619)

DRB-HICOM BERHAD 

Observation from Chart:- 

DRBHCOM retrace down from RM2.75 high...

Will it retest RM2.40 support level? 

Other indictor:- 
MACD moving toward negative region, downtrend sign. 
Stochastic %K already oversold region.. 

If technical rebound,
Immediate resistance @ MA100 / MA200 level.
Subsequent resistance @ MA20 level.

Immediate support would be RM2.40 level.
Subsequent support @ RM2.31 level.

Let's watch closely.

Saturday, March 1, 2014

Technical Analysis Mar 2014: IRIS (0010)

IRIS CORPORATION BHD

Observation from Chart:-

IRIS (0010) is forming higher high & higher low...

Will it rebound from MA20 support level?

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

Immediate support @ MA20 which is around RM0.51
Subsequent support @ RM0.45 level.

Immediate resistance @ RM0.62 level.
If able breakout RM0.62 resistance, it's new higher high. Uptrend may resume.
 
Let watch closely.