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.

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.

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...