Technical Analysis Sept 2017: BENALEC (5190)

BENALEC HOLDINGS BERHAD 

Observation from Chart:-

BENALEC forming bolinger band squeeze.

When will it breakout?

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

Immediate resistance @ RM0.44 level.
Subsequent resistance @ RM0.46 level.

Immediate support @ RM0.40 level.
Subsequent support @ RM0.36 level.

Let's watch closely.

Technical Analysis Sept 2017: CIMB (1023)

CIMB GROUP HOLDINGS BERHAD 

Observation From Chart:

CIMB retest RM6.24 support level ?

Will it rebound?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastics %K on SELL call itinerary.

Immediate resistance @ RM6.50 level.
Subsequent resistance @ RM6.80 level.

Immediate support @ RM6.24 level.
Subsequent support @ RM6.00 level.

Let's watch closely for opportunity.

Technical Analysis Sept 2017: GPACKET (0082)

GREEN PACKET BERHAD 

Observation from Chart:-

GPACKET (0082) succeed breakout RM0.365 resistance level.

Will it retest RM0.385 resistance level?

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

Immediate support @ RM0.365 level.
Subsequent support @ RM0.32 level.

Immediate resistance @ RM0.385 level.
Subsequent resistance @ RM0.405 level.

Let's watch closely.

Technical Analysis Sept 2017: MASTEEL (5098)

MALAYSIA STEEL WORKS (KL) BHD 

Observation from Chart:-

MASTEEL forming shooting star.

Will it retrace down?

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

Due to overbought, high possibility will be consolidate sideway or retest support level.
Immediate support @ RM1.42 level.
Subsequent support @ RM1.28 level.

It's higher high, no immediate resistance

Let's watch closely...

Technical Analysis Sept 2017: OSK (5053)

OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) forming bolinger band squeeze within RM1.53 to RM1.68 range.

Will it breakout & go higher?

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

Immediate support @ RM1.60 level.
Subsequent support @ RM1.57 level.

Immediate resistance @ RM1.66 level
Subsequent resistance @ RM1.68 level.

Interim dividend RM0.025 which will be ex-date on 21 Sept 2017

Let's watch closely.

Technical Analysis Sept 2017: YTL (4677)

YTL CORPORATION BERHAD 

Observation from Chart:-

YTL forming descending triangle pattern.

Will it breakout the resistance & go higher?

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

Immediate resistance @ RM1.43 level.
Subsequent resistance @ RM1.46 level.

Immediate support @ RM1.39 level.
Subsequent support @ RM1.31 level.

Let's watch closely.

Technical Analysis Sept 2017: CAREPLS (0163)

CAREPLUS GROUP BERHAD (0163) 

Observation from Chart:-

CAREPLS retest uptrend support level.

Will it rebound?

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

Immediate support @ RM0.32 level.
Subsequent suport @ RM0.28 level.

Immediate resistance @ RM0.37 level.
Subsequent resistance @ RM0.415 level.

Let's watch closely.