Sunday, June 21, 2015

Technical Analysis June 2015: 3A (0012)

Three-A Resources Berhad (3A) 

Observation From Chart:

3A break retest RM1.12 resistance level again.

Will it succeed breakout & go higher?

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

Immediate resistance @ RM1.12
Subsequent resistance @ RM1.18 level.

Immediate support @ RM1.04 level.
Subsequent support @ MA20, which is RM1 level.

Let's watch closely.

Saturday, June 20, 2015

Technical Analysis June 2015: GASMSIA (5209)

GAS MALAYSIA BERHAD 

Observation From Chart:-

GASMSIA (5209) retest RM2.50 support level again.

How about this round, will it rebound?

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

Immediate resistance @ RM2.60 level.
Subsequent resistance @ RM2.70 level.

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

If break RM2.50 support level, lower low is formed, downtrend is confirm.

Let's watch closely for entry opportunity.

Saturday, June 13, 2015

Technical Analysis June 2015: IFCAMSC (0023)

IFCA MSC BHD (0023) 

Observation from Chart:

IFCAMSC (0023) retrace down from RM1.87 level.

How low will it go?

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

Immediate resistance @ MA100, which is around RM1.35 level.
Subsequent resistance @ MA20/ MA50, which is around RM1.50 level.

Immediate support @ MA200, which is RM1.00 level.
Subsequent support @ RM0.89 level.

Due to oversold, most likely will technical rebound soon.

Let's watch closely.

Thursday, June 11, 2015

Technical Analysis June 2015: SENDAI (5205)

EVERSENDAI CORPORATION BERHAD 

Observation from Chart:

SENDAI (5205) retest RM0.83 resistance level.

How about this round? Will it breakout & go higher?

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

Immediate resistance @ RM0.83 level.
Subsequent resistance @ RM0.88 level.

Immediate support @ RM0.78 level.
Subsequent support @ MA20 / MA50 level.

If able break up RM0.83, it's good opportunity.

Let's watch closely.

Sunday, June 7, 2015

Technical Analysis June 2015: PERDANA (7108)

PERDANA PETROLEUM BERHAD (7108)

Observation from Chart:

PERDANA (7108) forming bolinger band squeeze.

When will it breakout the band?

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

Immediate resistance @ RM1.54 level.
Subsequent resistance @ RM1.64 level.

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

If able break up the squeeze, it's good opportunity.

Let's watch closely.

Saturday, June 6, 2015

Technical Analysis June 2015: WILLOW (0008)

WILLOWGLEN MSC BHD 

Observation from Chart:

WILLOW (0008) retest RM0.95 resistance level again.

How about this round, will it breakout the resistance ?

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

Immediate resistance @ RM0.95 level.
Immediate support @ MA20/MA50 level.
Subsequent support @ MA100/MA200 level.

If able breakout RM0.95 resistance, another new high record been confirm & bull run might be resume.

Let's watch closely.

Monday, June 1, 2015

Technical Analysis June 2015: YTL (4677)

YTL CORPORATION BERHAD 

Observation from Chart:-

YTL is forming descending triangle pattern.

Will it rebound @ RM1.54 strong support level?

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

Immediate resistance @ MA20 level.
Subsequent resistance @ descending triangle level.

Immediate support @ RM1.57.
Subsequent support @ RM1.54

Let's watch closely.