Monday, December 26, 2016

Technical Analysis Dec 2016: K1 (0111)


K-ONE TECHNOLOGY BHD 

Observation From Chart:-

K1 rebound from RM0.13 support level.

How about this round, will it breakout downtrend resistance level?

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

Immediate support is RM0.13 level,
Subsequent support is RM0.10 level.

Immediate resistance, RM0.16 level.
Subsequent resistance, RM0.18 level.

Let's watch closely.

Tuesday, December 6, 2016

Technical Analysis Dec 2016: YTL (4677)


YTL CORPORATION BERHAD 

Observation from Chart:-

YTL succeed breakout downtrend resistance level.

How high will it go?

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

Immediate resistance @ RM1.60 level.
Subsequent resistance @ RM1.64 level.

Immediate support @ RM1.50 level.
Subsequent support @ RM1.44 level.

Let's watch closely.

Sunday, December 4, 2016

Technical Analysis Dec 2016: MEXTER (0075)


MEXTER TECHNOLOGY BHD (0075) 

Observation from Chart:-

MEXTER forming descending triangle pattern.

Will it retest RM0.21 support level?

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

Immediate resistance @ RM0.25 level.
Subsequent resistance @ RM0.265 level.

Immediate support @ RM0.21 level.
Subsequent support @ RM0.19 level.

If break the strong support, RM0.21 level, lower low is formed.
Potential facing high selling pressure.

Let's watch closely.

Technical Analysis Dec 2016: DAYANG (5141)


DAYANG ENTERPRISE HOLDINGS BERHAD 

Observation from Chart:-

DAYANG retest downtrend resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM0.905
Subsequent resistance @ RM0.96

Immediate support @ RM0.805
Subsequent support @ RM0.745

Let's watch closely...