Technical Analysis Feb 2019: DRBHCOM (1619)

DRB-HICOM BERHAD 

Observation from Chart:-

DRBHCOM forming double bottom @ RM1.61 level ?

Will it rebound at RM1.78 support level?

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

Immediate resistance @ RM1.91 level.
Subsequent resistance @ RM2.09 level.

Immediate support @ RM1.74 level.
Subsequent support @ RM1.61 level.

Let's watch closely.

Technical Analysis Feb 2019: MAGNUM (3859)

MAGNUM BERHAD 

Observation from Chart:-

MAGNUM retest RM2.34 resistance level.

Will it breakout & go higher?

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

Immediate support @ RM2.25 level.
Subsequent support @ RM2.18 level.

Immediate resistance @ RM2.34 level
Subsequent resistance @ RM2.50 level.

Let's watch closely...

Technical Analysis Feb 2019: VSOLAR (0066)

VSOLAR GROUP BERHAD 

Observation from chart:-

VSOLAR (0066) forming higher high & higher low.

How high will it go?

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

Due to overbought, most like will consolidate sideway or retest support level.
Immediate support @ RM0.17 level.
Subsequent support @ RM0.155 level.

Immediate resistance @ RM0.195 level.
If break RM0.195 level, higher is confirm. Uptrend may resume.

Let's watch closely.