Thursday, March 26, 2015

Technical Analysis Mar 2015: OSK (5053)

OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) retest RM2.19 resistance level.

How about this round, will it succeed breakout?

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

Immediate support @ MA20 support level.
Subsequent support @ RM2.04 level.

Immediate resistance @ RM2.19 level
Subsequent resistance @ RM2.30 level.

Let's watch closely.

Monday, March 23, 2015

Technical Analysis Mar 2015: SUNWAY (5211)

SUNWAY HOLDING BERHAD 

Observation from chart:-

SUNWAY succeed breakout RM3.55 resistance level.

How high will it go?

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

It's historical high, no immediate resistance @ this level.
If retrace down, strong support @ RM3.55 level,
Subsequent support @ RM3.48 level.

Let's watch closely.

Sunday, March 15, 2015

Technical Analysis Mar 2015: IRCB (2127)

INTEGRATED RUBBER CORPORATION (2127) 

Observation from Chart:

IRCB forming higher high & higher low.

How high will it go?

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

Immediate resistance @ RM0.80 level.
Subsequent resistance @ RM0.83
level.

Immediate support @ RM0.76 level.
Subsequent support @ RM0.735 level.

Let's watch closely.

Saturday, March 14, 2015

Technical Analysis Mar 2015: MRCB (1651)

MALAYSIAN RESOURCES CORP BHD 

Observation from Chart:

MRCB retest strong support, RM1.28 level.

Will it rebound?

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

Immediate resistance @ RM1.35 level.
Subsequent resistance @ RM1.40 level.

Immediate support @ RM1.28 level.
Subsequent support @ RM1.06 level.

Let's watch closely.

Sunday, March 1, 2015

Technical Analysis Mar 2015: ICON (5255)

ICON OFFSHORE BERHAD (5255) 

Observation from Chart:-

ICON consolidate side way.

Will it breakout RM0.88 resistance & go higher?

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

Immediate resistance @ RM0.88 level.
Subsequent resistance @ RM0.99 level.

Immediate support @ RM0.745 level.
Subsequent support @ RM0.61 level.

Let's watch closely