Saturday, December 16, 2017

Technical Analysis Dec 2017: UMWOG (5243)



UMW Oil & Gas Corporation Berhad (5243) 

Observation from Chart:-

UMWOG (5243) forming symmetrical triangle pattern

Will it breakout resistance line & go higher?

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

Immediate support @ RM0.29 level.
Subsequent support @ RM0.28 level.

Immediate resistance @ RM0.31 level.
Subsequent resistance @ RM0.34 level.

Let's watch closely.

Technical Analysis Dec 2017: D&O (7204)



D&O GREEN TECHNOLOGIES BERHAD 

Observation from Chart:-

D&O (7204) consolidate sideway.

Will it breakout & go higher?

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

Immediate support @ RM0.64 level.
Subsequent support @ RM0.60 level.

Immediate resistance @ RM0.70 level.
Subsequent resistance @ RM0.735 level.

Let's watch closely.

Sunday, December 10, 2017

Technical Analysis Dec 2017: GPACKET (0082)



GREEN PACKET BERHAD 

 Observation from Chart:-

GPACKET (0082) forming "U" pattern.

Will it breakout & go higher?

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

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

Immediate resistance @ RM0.45 level.
If breakout RM0.45 level, higher high is confirm.
Uptrend will resume.

Let's watch closely.

Tuesday, December 5, 2017

Technical Analysis Dec 2017: MMODE (0059)


M-Mode Berhad 

Observation from Chart:-

MMODE consolidate above gap up support level, RM0.34

Will it breakout RM0.415 resistance level?

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

Immediate resistance @ RM0.385 level.
Subsequent resistance @ RM0.415 level.

Immediate support @ RM0.34 level.
Subsequent support @ RM0.305 level.

Let's watch closely.

Technical Analysis Dec 2017: OWG (5260)



ONLY WORLD GROUP HOLDINGS BERHAD (5260) 

Observation from Chart:-

OWG forming bolinger band squeeze.

Will it breakout RM1.27 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 @ RM1.13 level.
If break RM1.13, lower low is confirmed.
Downtrend might resume.

Let's watch closely.

Technical Analysis Dec 2017: DRBHCOM (1619)



DRB-HICOM BERHAD 

Observation from Chart:-

DRBHCOM forming ascending triangle?

Will it breakout resistance level & go higher?

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

Immediate resistance @ RM1.75 level.
Subsequent resistance @ RM1.81 level.

Immediate support @ RM1.71 level.
Subsequent support @ RM1.69 level.

Let's watch closely.