Saturday, February 28, 2015

Technical Analysis Feb 2015: OCK (0172)

OCK GROUP BERHAD

Observation from Chart:-

OCK succeed breakout RM0.905 resistance level.

How high will it go?

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

Immediate resistance @ RM1.00 level.
Subsequent resistance @ RM1.05 level.

Immediate support @ RM0.905
Subsequent support @ MA20

Let's watch closely
.

Saturday, February 7, 2015

Technical Analysis Feb 2015: OSK (5053)

OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) formed 3 white soldiers.

How high will it go?

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

Due to overbought, it's opportunity if retrace down to RM2.03 support level.
Subsequent support @ RM2.00 level.

Immediate resistance @ RM2.17 level
Subsequent resistance @ RM2.30 level.

Let's watch closely.

Friday, February 6, 2015

Technical Analysis Feb 2015: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX forming ascending triangle pattern.

Will it breakout ascending triangle resistance?

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

Immediate resistance @ upper level of ascending triangle.
Subsequent resistance @ RM2.37 level.

Immediate support @ RM2.20 level.
Subsequent support @ RM2.15 level.

Let's watch closely ...

Thursday, February 5, 2015

Technical Analysis Feb 2015: PERISAI (0047)

PERISAI PETROLEUM TEKNOLOGI BHD 

Observation from Chart:-

PERISAI forming bolinger band squeeze.

When will it breakout?

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

If able breakout RM0.52 resistance, it might nice.
Else, it might be consolidate side way.

If break RM0.38 support level, it might be another wave of downtrend.

Let's watch closely.