Technical Analysis Feb 2016: MYEG (0138)

MY E.G. SERVICES BHD (0138) 

Observation From Chart:-

MYEG retrace down from RM2.33 peak to MA20 support level.

Will it rebound @ MA20 support level?

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

Immediate support @ RM2.21 level which is MA20 support level..
Subsequent support @ RM2.06 which is MA50 support level.

Immediate resistance @ RM2.33 level.

Let's watch closely for rebound

Technical Analysis Feb 2016: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX retrace down from RM3.50 peak.

Will it rebound @ MA100 level?

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

Immediate resistance @ RM3.00 level.
Subsequent resistance @ RM3.13 around MA100 level.

Immediate support @ RM2.61 level.
Subsequent support @ RM2.35 level.

 Let's watch closely for rebound

...

Technical Analysis Feb 2016: CMSB (2852)

CAHYA MATA SARAWAK BERHAD (2852)

Observation From Chart:-

CMSB rebound from RM5.00 strong support level.

Will it breakout RM5.35 resistance level?

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

Immediate support @ RM5.00 level.
Subsequent support @ RM4.70 level.

Immediate resistance @ RM5.35 level.
Subsequent resistance @ RM5.45 level.

Let's watch closely for entry opportunity.