Wednesday, April 29, 2015

Technical Analysis Apr 2015: EATECH (5259)

E.A.TECHNIQUE (M) BERHAD (5259) 

Observation From Chart:-

EATECH (5259) succeed break out RM0.775 resistance.

How high will it go?

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

No immediate resistance.
Do need to watch out reversal sign.

Immediate support @ RM0.775 level.
Subsequent support @ RM0.73 level.

Let's watch closely ...

Sunday, April 26, 2015

Technical Analysis Apr 2015: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX forming bolinger band squeeze within RM1.98 & RM2.18 level.

Will it breakout bolinger band squeeze?

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

Immediate resistance @ RM2.18 level.
Subsequent resistance @ RM2.28 level.

Immediate support @ MA20/ MA50 level, which is around RM2.11.
Subsequent support @ RM2.00 psychology support level.


Let's watch closely ...

Sunday, April 5, 2015

Technical Analysis April 2015: PWROOT (7237)

POWER ROOT BERHAD

Observation from Chart:-

PWROOT (7237) succeed breakout RM1.78 resistance level?

How high will it go?

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

Immediate resistance @ RM1.91 level
Subsequent resistance @ RM2.00 level.

Immediate support @ RM1.78 level.
Subsequent support @ RM1.61 level.

Let's watch closely.