Sunday, November 29, 2015

Technical Analysis Nov 2015: PRESBHD (5204)

PRESTARIANG BERHAD 

Observation from Chart:-

PRESBHD is retest RM2.66 resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM2.66 level.
Subsequent resistance @ RM2.72 level.

If succeed breakout RM2.66 resistance level, higher high is confirm. Uptrend will resume.

Immediate support @ RM2.45.
Subsequent support @ RM2.32

Let's watch closely.

Saturday, November 21, 2015

Technical Analysis Nov 2015: YTL (4677)


YTL CORPORATION BERHAD 

Observation from Chart:-

YTL is heading retest RM1.46 support level.

Will it rebound?

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

Immediate resistance @ MA20 level.
Subsequent resistance @ MA50 / MA100 level.

Immediate support @ RM1.46.
Subsequent support @ RM1.42

Let's watch closely.

Tuesday, November 10, 2015

Technical Analysis Nov 2015: IRIS (0010)


IRIS CORPORATION BHD 

Observation from Chart:-

IRIS (0010) is forming ascending triangle pattern...

Will it breakout RM0.26 resistance level?

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

Immediate resistance @ RM0.26 level.
Subsequent resistance @ RM0.29 level.

Immediate support @ RM0.225 level.
Subsequent support @ RM0.195 level.

Let's watch closely for breakout.

Technical Analysis Nov 2015: JCY (5161)

JCY INTERNATIONAL BERHAD 

Observation from Chart:-

JCY forming higher high & higher low.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K overbought stage.

1st resistance @ RM0.96 level.
2nd resistance @ RM1.00 level.

1st support @ RM0.78 level.
2nd support @  RM0.72 level.

Let's watch closely...

Sunday, November 8, 2015

Technical Analysis Nov 2015: MITRA (9571)

MITRAJAYA HOLDINGS BERHAD 

Observation From Chart:

MITRA retest MA20 support level.

How about this round, will it rebound?

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

Immediate resistance @ RM1.30 level.
Immediate support @ RM1.19 level.
Subsequent support RM1.09 level.

Once breakout RM1.30 resistance, higher high is confirm. Uptrend will resume.

Let watch closely.

Saturday, November 7, 2015

Technical Analysis Nov 2015: WILLOW (0008)

WILLOWGLEN MSC BHD 

Observation from Chart:

WILLOW (0008) rebound from the support level.

How high will this round rebound go?

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

Immediate resistance @ RM0.795 which is MA100 level.
Subsequent resistance @ RM0.815 which is MA200 level.

Immediate support @ RM0.76 level.
Subsequent support @ RM0.75 which is MA20 level.

Let's watch closely.

Sunday, November 1, 2015

Technical Analysis Nov 2015: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX forming flag pattern?.

Will it breakout the resistance?

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

Immediate resistance @ descending triangle level.
Subsequent resistance @ RM2.35 level.

Immediate support @ RM2.20 level.
Subsequent support @ RM2.13 level.

Let's watch closely for breakout...