Friday, October 27, 2017

Technical Analysis Oct 2017: OCR (7071)


O & C RESOURCES BERHAD 

Observation from Chart:-

OCR (7071) forming descending triangle pattern. 

Will it breakout resistance level & go higher?

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

Immediate support @ RM0.55 level.
Subsequent support @ RM0.52 level.

Immediate resistance @ RM0.57 level
Subsequent resistance @ RM0.59 level.

Let's watch closely.

Monday, October 23, 2017

Technical Analysis Oct 2017: COMFORT (2127)


COMFORT GLOVES BERHAD 

Observation from Chart:

COMFORT succeed breakout RM1.00 psychology level.

How high will it go?

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

Immediate resistance @ RM1.10 level.
Subsequent resistance @ RM1.13 level.

Immediate support @ RM1.00 level.
Subsequent support @ RM0.905 level.

Let's watch closely.

Sunday, October 22, 2017

Technical Analysis Oct 2017: OWG (5260)


ONLY WORLD GROUP HOLDINGS BERHAD (5260) 

Observation from Chart:-

OWG forming bolinger band squeeze.

Will it breakout RM1.19 resistance level?

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

Immediate resistance @ RM1.19 level.
Subsequent resistance @ RM1.36 level.

Immediate support @ RM1.14 level.
If break RM1.14, lower low is confirmed. Downtrend might resume.

Let's watch closely.

Friday, October 20, 2017

Technical Analysis Oct 2017: CIMB (1023)



CIMB GROUP HOLDINGS BERHAD 

Observation From Chart:

CIMB break RM6.26 support level.

How low will go?

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

Immediate resistance @ RM6.26 level.
Subsequent resistance @ RM6.50 level.

Immediate support @ RM6.00 level.
Subsequent support @ RM5.72 level.

Let's watch closely for opportunity.

Wednesday, October 18, 2017

Technical Analysis Oct 2017: OPENSYS (0040)


OPENSYS (M) BHD 

Observation from Chart:-

OPENSYS (0040) break RM0.335 strong support level.

How low will it go?

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

Immediate resistance @ RM0.335 level.
Subsequent resistance @ RM0.345 level.

Immediate support @ RM0.31 level.
Subsequent support @ RM0.30 level.

Let's watch closely.

Technical Analysis Oct 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 negative region, downtrend sign.
Stochastic %K pending trigger BUY call.

Immediate support @ RM1.57 level.
Subsequent support @ RM1.53 level.

Immediate resistance @ RM1.63 level
Subsequent resistance @ RM1.68 level.

OSK proposed Bonus Issue
Source: http://www.bursamalaysia.com/

 Let's watch closely.

Monday, October 16, 2017

Technical Analysis Oct 2017: INARI (0166)


INARI AMERTRON BERHAD 

Observation from chart:-

INARI succeed breakout RM2.65 resistance level 

How high will it go?

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

Immediate support @ RM2.65 level.
Subsequent support @ RM2.57 level.

Higher high is confirmed. No immediate resistance.
Uptrend will resume.

Let's watch closely.

Sunday, October 15, 2017

Technical Analysis Oct 2017: BARAKAH (7251)


BARAKAH OFFSHORE PETROLEUM BHD (7251) 

Observation from Chart:-

BARAKAH (7251) break RM0.43 support level.

How low will it go?

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

Immediate support @ RM0.40 level.
Subsequent support @ RM0.35 level.

Immediate resistance @ RM0.43 level.
Subsequent resistance @ RM0.53 level.

Let's watch closely

Technical Analysis Oct 2017: BJTOTO (1562)

BERJAYA SPORTS TOTO BERHAD 

Observation from Chart:-

BJTOTO rebound @ MA20 support level.

Will it breakout RM2.48 resistance level?

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

Immediate support @ RM2.35 level.
Subsequent support @ RM2.25 level.

Immediate resistance @ RM2.48 level.
Subsequent resistance @ RM2.63 level.

Let's watch closely.

Saturday, October 7, 2017

Technical Analysis Oct 2017: CUSCAPI (0051)


CUSCAPI BHD 

Observation from Chart:-

CUSCAPI succeed breakout RM0.31 resistance level.

Will it retest RM0.345 resistance level?

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

Immediate support @ RM0.31 level.
Subsequent resistance @ RM0.295 level.

Immediate resistance @ RM0.345 level
Subsequent resistance @ RM0.37 level.

Let's watch closely.

Technical Analysis Oct 2017: RGB (0037)


RGB INTERNATIONAL BHD 

Observation from Chart:-

RGB succeed breakout RM0.30 resistance level.

How high will it go?

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

Immediate resistance @ RM0.32 level.
Subsequent resistance @ RM0.34 level.

Immediate support @ RM0.275 level.
Subsequent support @ RM0.26 level.

Let's watch closely.