Wednesday, August 17, 2016

Technical Analysis Aug 2016: GBGAQRS (5226)

GABUNGAN AQRS BERHAD (5226)

Observation from Chart:

GBGAQRS (5226) forming ascending triangle pattern.

Will it breakout RM1.18 resistance level & go higher?

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

Immediate resistance @ RM1.18 level.
Subsequent resistance @ RM1.28 level.

Immediate support @ RM1.12 level.
Subsequent support @ ascending triangle support level.

For news pertaining GBGAQRS:-
AQRS to get RM500 mil SUKE subcontract
Source: http://www.theedgeproperty.com.my/

Company do make clarification pertaining that news.
For full info, pls refer www.bursamalaysia.com

Let's watch closely

Saturday, August 13, 2016

Technical Analysis Aug 2016: AAX (5238)

AIRASIA X BERHAD (5238) 

Observation from Chart:

AAX (5238) retest ascending triangle resistance level.

Will it breakout this strong resistance?

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

Immediate resistance @ RM0.41 level.
Subsequent resistance @ RM0.49 level.

Immediate support @ MA20 level.
Subsequent support @ MA50 level.

Let's watch closely

Thursday, August 11, 2016

Technical Analysis Aug 2016: DSONIC (5216)


DATASONIC GROUP BERHAD 

Observation from Chart:-

DSONIC (5216) retest RM1.44 resistance.

Will it breakout & go higher ?

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

Immediate resistance @ RM1.44.
If able breakout, subsequent resistance @ RM1.50 & RM1.55 level.

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

Insider acquired from the open market @ RM1.405


Let's watch closely.


Tuesday, August 2, 2016

Technical Analysis Aug 2016: HAIO (7668)



HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO forming higher high & higher low.

Will it breakout RM2.95 resistance level?

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

Immediate resistance @ RM2.95 level.
Subsequent resistance @ RM3.00 level.

Immediate support @ RM2.88 level.
Subsequent support @ RM2.86 level.

HAIO proposed share buy back again.
For more info, refer Bursa Malaysia website.

Source: www.bursamalaysia.com

Let's watch closely.

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