Technical Analysis July 2019: TGUAN (7034)

THONG GUAN INDUSTRIES BERHAD 

Observation:

TGUAN (7034) forming higher high & higher low.

Will it swing toward strong resistance level, RM2.85 ?

Other indicator:-
MACD trade at nominal region
Stochastic %K trigger BUY call, pending confirmation.

Immediate resistance @ RM2.65 level
Subsequent resistance @ RM2.70 level

Immediate support @ RM2.52 level
Subsequent support @ RM2.50 level

Let's watch closely.

Technical Analysis July 2019: QL (7084)

QL RESOURCES BERHAD 

Observation from Chart:-

QL (7084) forming bolinger band squeeze within RM6.57 & RM7.01

When will it breakout?

Other indicator:-
MACD trade at nominal region
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM7.01 level
Subsequent resistance @ RM7.50 level

Immediate support @ RM6.57 level
Subsequent support @ RM6.08 level

Let's watch closely.

Technical Analysis July 2019: BURSA (1818)

BURSA MALAYSIA BERHAD 

Observation from Chart:-

BURSA retest RM6.79 support level.

Will it rebound or retest next support?

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

Immediate resistance @ RM7.00 level.
Subsequent resistance @ RM7.10 level.

Immediate support @ RM6.79 level.
Subsequent support @ RM6.50 level.

Let's watch closely.

Technical Analysis July 2019: MUDAJYA (5085)

MUDAJAYA GROUP BERHAD 

Observation from Chart:-

MUDAJAYA forming descending triangle pattern. 

Will it breakout strong resistance level?

Other indicator:-
MACD trade @ nominal region.
Stochastic %K pending trigger BUY call.

Immediate support @ RM0.285 level.
Subsequent support @ RM0.265 level.

Immediate resistance @ RM0.325 level.
Subsequent resistance @ RM0.34 level.

Let's watch closely.

Technical Analysis July 2019: MAHSING (8583)

MAH SING GROUP BERHAD 

Observation from Chart:-

MAHSING forming descending triangle pattern with strong support @ RM0.90 level.

Will it breakout strong resistance level?

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

Immediate resistance @ RM0.925 level.
Subsequent resistance @ RM0.945 level.

Immediate support @ RM0.90 level
If break immediate support, lower low is confirmed, downtrend will resume.

Let's watch closely...

Technical Analysis July 2019: MYEG (0138)

MY E.G. SERVICES BHD (0138) 

Observation From Chart:-

MYEG retest RM1.70 resistance level.

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 @ RM1.53 level.

Immeidate resistance @ RM1.70 level.
Subsequent resistance@ RM1.75 level.
Let's watch closely.

Technical Analysis July 2019: KAWAN (7216)

KAWAN FOOD BERHAD 

Observation from Chart:

KAWAN (7216) retrace down from RM3.75 high to RM1.27 low (-65.3%) 

On 10 July 2019, KAWAN succeed breakout downtrend resistance level.

How high will it go?

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

Immediate resistance @ RM1.60 level.
Subsequent resistance @ RM1.66 level.

Immediate support @ RM1.43 level.
Subsequent support @ RM1.40 level.

Let's watch closely

Technical Analysis July 2019: KAREX (5247)

KAREX BERHAD (5247) 

Observation from Chart: 

KAREX (5247) succeed breakout RM0.58 resistance level & consolidate sideway.

Will it breakout RM0.635 resistance level?

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

Immediate resistance @ RM0.635 level.
Subsequent resistance @ RM0.71 level.

Immediate support @ RM0.58 level.
Subsequent support @ RM0.53 level.

Let's watch closely

Technical Analysis July 2019: REDTONE (0032)

REDTONE INTERNATIONAL BERHAD 

Observation from Chart:-

REDTONE succeed breakout RM0.37 resistance level.

How high will it go?

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

Immediate resistance @ RM0.435 level.
Subsequent resistance @ RM0.46 level.

Immediate support @ RM0.37 level.
Subsequent support @ RM0.32 level.

Let's watch closely.

Technical Analysis July 2019: GAMUDA (5398)

GAMUDA BERHAD (5398) 

Observation from Chart:

GAMUDA retest RM4.00 strong resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM4.00 level.
Subsequent resistance @ RM4.10 level.

Immediate support @ RM3.82 level.
Subsequent support @ RM3.55 level.

Let's watch closely.

Technical Analysis July 2019: G3 (7184)

G3 GLOBAL BERHAD 

Observation from Chart:-

G3 (7184) retest RM1.75 resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM1.75 level.
Subsequent resistance @ RM1.89 level.

Immediate support @ RM1.55 level.
Subsequent support @ RM1.29 level.

Let's watch closely.