Saturday, October 29, 2016

Technical Analysis Oct 2016: EFORCE (0065)


EXCEL FORCE MSC BHD (0065) 

Observation from Chart:

EFORCE (0065) forming descending triangle pattern.

When will it breakout?

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

Immediate resistance @ RM1.62 level.
Subsequent resistance @ RM1.64 level.

Immediate support @ RM1.50 level.
Subsequent support @ RM1.445 level.

Let's watch closely.

Thursday, October 27, 2016

Technical Analysis Oct 2016: BHS (7241)


BHS INDUSTRIES BHD (7241) 

Observation from Chart:

BHS succeed breakout bolinger band squeeze.

How high will it go?

Other indicator:-

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

Immediate resistance @ RM0.46 level.
Subsequent resistance @ RM0.49 level.

Immediate support @ RM0.44 level.
Subsequent support @ RM0.42 level.

Let's watch closely.

Sunday, October 23, 2016

Technical Analysis Oct 2016: GAMUDA (5398)



GAMUDA BERHAD (5398) 

Observation from Chart:

GAMUDA succeed breakout bolinger band squeeze. 

How high will it go?

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

Immediate resistance @ RM5.00 level.
Subsequent resistance @ RM5.10 level.

Immediate support @ RM4.91 level.
Subsequent support @ RM4.87 level.

Let's watch closely.

Saturday, October 22, 2016

Technical Analysis Oct 2016: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX forming bolinger band squeeze

When will it break out?

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

Immediate resistance @ RM2.30 level.
Subsequent resistance @ RM2.40 level.

Immediate support @ MA20 which is RM2.20 level.
Subsequent support @ RM2.04 level.

Let's watch closely
.

Sunday, October 9, 2016

Technical Analysis Oct 2016: IJM (3336)


IJM CORPORATION BERHAD 

Observation from Chart:-

IJM is forming lower high & lower low.

How low will it go?

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

High probably it will retest downtrend resistance level which is around RM3.40 level.

Immediate support @ RM3.28 level.
Subsequent support @ RM3.21 level.

Immediate resistance @ RM3.40 level.
Subsequent support @ RM3.45 level.

Let 's watch closely.

Saturday, October 8, 2016

Technical Analysis Oct 2016: WILLOW (0008)



WILLOWGLEN MSC BHD 

Observation from Chart:

WILLOW (0008) succeed breakout bolinger band squeeze & forming higher high.

How high will this round go?

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

Immediate resistance @ RM0.775
Subsequent resistance @ RM0.795

Immediate support @ RM0.72 level.
Subsequent support @ RM0.69 level.

Let's watch closely.

Technical Analysis Oct 2016: GBGAQRS (5226)


GABUNGAN AQRS BERHAD (5226) 

Observation from Chart:

GBGAQRS (5226) retrace down from RM1.18 high level to RM0.85  (-27.5%)

Will it rebound @ RM0.85 strong support level?

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

Immediate resistance @ RM0.93level.
Subsequent resistance @ RM0.965 level.

Immediate support @ RM0.85 level.
Subsequent support @ RM0.82 level.

Let's watch closely for technical rebound

Sunday, October 2, 2016

Technical Analysis Oct 2016: SENDAI (5205)

EVERSENDAI CORPORATION BERHAD

Observation from Chart:

SENDAI (5205) retrace down from RM0.535 high & retest support level.

Will it rebound @ support level?

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

Immediate resistance @ RM0.535 level.
Subsequent resistance @ RM0.595 level.

Immediate support @ RM0.475 level.
Subsequent support @ RM0.435 level.

Let's watch closely.

Saturday, October 1, 2016

Technical Analysis Oct 2016: OWG (5260)


ONLY WORLD GROUP HOLDINGS BERHAD (5260) 

Observation from Chart:-

OWG forming double bottom @ RM1.84 level.

Will it breakout RM2.26 resistance level & go higher?

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

Immediate support @ RM2.16. level.
Subsequent support @ RM2.19 level.
Next support @ RM2.14 level

Immediate resistance @ RM2.26 level.
Subsequent resistance @ RM2.33 level.

Let's watch closely.