Technical Analysis Jan 2017: TADMAX (4022)

TADMAX RESOURCES BERHAD 

Observation from Chart:-

TADMAX (4022) succeed breakout symmetrical triangle resistance.

How high will it go?

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

Immediate resistance @ RM0.40 level.
Subsequent resistance @ RM0.415 level.

Immediate support @ RM0.39 level.
Subsequent support @ RM0.375 level.

Let's watch closely.

Technical Analysis Jan 2017: TMCLIFE (0101)

TMC LIFE SCIENCES BERHAD 

Observation from Chart:-

TMCLIFE (0101) forming descending triangle pattern.

Will it breakout resistance & go higher?

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

Immediate resistance @ RM0.96 level.
Subsequent resistance @ RM0.985 level.

Immediate support @ RM0.945 level.
Subsequent support @ RM0.935 level.

Let's watch closely.

Technical Analysis Jan 2017: AXIATA (6888)

AXIATA GROUP BERHAD 

Observation from Chart:-

AXIATA (6888) succeed breakout ascending triangle pattern.

Will it retest RM5.00 psychology level ?

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

Immediate resistance @ RM5.00 level.
Subsequent resistance @ RM5.08 level.

Immediate support @ RM4.72 level.
Subsequent support @ RM4.45 level.

Let's watch closely.