Sunday, February 23, 2020

Technical Analysis Feb 2020: SINGTEL (Z74)


SINGAPORE TELECOMMUNICATIONS LTD 

Observation from Chart:

SINGTEL (Z74) retest strong support level, $3.10 level.

Will it technical rebound ?

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

Immediate support @ $3.10 level.
Subsequent support @ $3.05 level.

Immediate resistance @ $3.23 level
Subsequent resistance @ $3.37 level.

Let's watch closely.

Technical Analysis Feb 2020: HARTA (5168)


HARTALEGA HOLDINGS BERHAD 

Observation from Chart:

HARTA (5168) forming triangle pattern.

Will it rebound at triangle support level?

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

Immediate support @ RM5.88 level.
Subsequent support @ RM5.67 level.

Immediate resistance @ RM6.21 level
Subsequent resistance @ RM6.28 level.

Let's watch closely.

Sunday, February 16, 2020

Technical Analysis Feb 2020: OMESTI (9008)


OMESTI BERHAD

Observation from Chart:

OMESTI (9008) succeed breakout bolinger band squeeze.

How high will it go?

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

Immediate resistance @ RM0.60 level.
If able breakout, higher high is confirm. Uptrend can continue.

Immediate support @ RM0.57 level.
Subsequent support @ RM0.525 level.

Let's watch closely.

Tuesday, February 4, 2020

Technical Analysis Feb 2020: FIRST REIT (AW9U)


First Real Estate Investment Trust 

Observation from Chart:

FIRST REIT (AW9U) forming descending triangle pattern

Will it breakout strong resistance & go higher?

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

Immediate resistance @ SGD1.02 level.
Subsequent resistance @ SGD1.04 level.

Immediate support @ SGD0.995 level.
Subsequent support @ SGD0.945 level.

Let's watch closely.

Technical Analysis Feb 2020: AIRASIA (5099)


AIRASIA BERHAD

Observation from Chart:

AIRASIA (5099) break RM1.65 strong support & follow by 2x gap down.

Will it technical rebound at RM1.22 support level?

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

Immediate resistance @ RM1.35 level.
Subsequent resistance @ RM1.40 level.

Immediate support @ RM1.22 level.
Subsequent support @ RM1.00 level.

MACC outcome to determine final wave
Source: The Edge Markets

Let's watch closely.

Sunday, February 2, 2020

Technical Analysis Feb 2020: GENS (G13)


Genting Singapore Ltd 

Observation from Chart:

GENS (G13) gap down from SGD0.91 to SGD0.885

Will it rebound from strong support level, SGD0.86 ?

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

Immediate resistance @ SGD0.885 level.
Subsequent resistance @ SGD0.91 level.

Immediate support @ SGD0.86 level.
If break the support, lower low is confirm. Downtrend may resume.

GENS may hit by Coronavirus?
Source: Singapore-casinos-brace-for-Wuhan-coronavirus-fallout
Will this be an opportunity for value investor?

Let's watch closely.

Saturday, January 25, 2020

Technical Analysis Jan 2020: MYNEWS (5275)


MYNEWS HOLDINGS BERHAD

Observation from Chart:

MYNEWS (5275) retrace down from RM1.48 to RM0.91 (-38.4%)

Will it technical rebound?

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

Immediate support @ RM0.88 level.
If break strong support, lower low is confirm. Downtrend will resume.

Immediate resistance @ RM1.00 level
Subsequent resistance @ RM1.06 level.

Let's watch closely.

Thursday, January 23, 2020

Technical Analysis Jan 2020: PHARMA (7081)

]

PHARMANIAGA BERHAD

Observation from Chart:

PHARMA (7081) forming strong support @ RM2.01 level.

Will it breakout strong resistance level & go higher?

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

Immediate support @ RM2.01 level.
If break strong support, lower low is confirm. Downtrend will resume.

Immediate resistance @ RM2.26 level
Subsequent resistance @ RM2.50 level.

Glove sector have been bull rally on Influenza A diseases.
How about Pharmaceutical sector?
Which company is Influenza A vaccine supplier?

Source: https://www.nst.com.my/news/nation/2020/01/555890/health-ministry-influenza-vaccine-supply-sufficient-no-need-worry

Let's watch closely.

Tuesday, January 21, 2020

Technical Analysis Jan 2020: HARTA (5168)




HARTALEGA HOLDINGS BERHAD 

Observation from Chart:

HARTA (5168) forming higher high & higher low.

Will it retest RM6.00 level?

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

Immediate support @ RM5.32 level.
Subsequent support @ RM5.09 level.

Immediate resistance @ RM5.80 level
Subsequent resistance @ RM6.00 level.

Let's watch closely.

Monday, January 20, 2020

Technical Analysis Jan 2020: SCABLE (5170)



SARAWAK CABLE BERHAD 

Observation from Chart:-

SCABLE forming ascending triangle pattern.

Will it breakout & retest RM0.44 resistance level?

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

Immediate resistance @ RM0.38 level.
Subsequent resistance @ RM0.44 level.

Immediate support @ RM0.30 level.
Subsequent support @ RM0.28 level.

Let's watch closely.

Saturday, January 11, 2020

Technical Analysis Jan 2020: DAYANG (5141)



DAYANG ENTERPRISE HOLDINGS BERHAD 

Observation from Chart:-

DAYANG forming higher high & higher low. (From RM0.87 to RM2.54, +195.6%)

How high will it go?

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

Immediate resistance @ RM2.54
If breakout RM2.54, higher high is confirm. Uptrend will resume.

Immediate support @ RM2.34
Subsequent support @ RM2.20

Let's watch closely...

Friday, January 10, 2020

Technical Analysis Jan 2020: OWG (5260)



ONLY WORLD GROUP HOLDINGS BERHAD (5260)

Observation from Chart:-

OWG forming "W" pattern?

Will it retest RM0.72 resistance level?

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

Immediate resistance @ RM0.72 level.
Subsequent resistance @ RM1.36 level.

Immediate support @ RM0.585 level.
Subsequent support @ RM0.55 level.

Let's watch closely.

Technical Analysis Jan 2020: SLVEST (0215)


SOLARVEST HOLDINGS BERHAD

Observation From Chart:

SLVEST (0215) forming bullish reversal sign.

Will it retest RM0.915 resistance level?

Other indicator:-
Due to limited data, no MACD for reference yet.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM0.86 level.
Subsequent resistance @ RM0.915 level.

Immediate support @ RM0.74 level.
Subsequent support @ RM0.67 level.

Let's watch closely.

Wednesday, January 8, 2020

Technical Analysis Jan 2020: POS (4634)



POS MALAYSIA BHD (4634) 

Observation From Chart:

POS (4634) forming symmetrical triangle pattern.

Will it breakout resistance?

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

Immediate resistance @ RM1.54 level.
Subsequent resistance @ RM1.60 level.

Immediate support @ RM1.45 level.
Subsequent support @ RM1.38 level.

Let's watch closely.

Technical Analysis Jan 2020: FPI (9172)


FORMOSA PROSONIC INDUSTRIES BERHAD 

Observation from Chart:

FPI (9172) retest strong resistance RM1.68 level.

Will it breakout & go higher?

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

Immediate resistance @ RM1.68 level.
Subsequent resistance @ RM1.75 level.

Immediate support @ RM1.62 level.
Subsequent support @ RM1.53 level.

Let's watch closely.

Technical Analysis Jan 2020: KAREX (5247)



KAREX BERHAD (5247) 

Observation from Chart:

KAREX (5247) retest RM0.515 support level. 

Will it forming "cup & handle" pattern?

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

Immediate resistance @ RM0.58 level.
Subsequent resistance @ RM0.61 level.

Immediate support @ RM0.49 level.
Subsequent support @ RM0.46 level.

Let's watch closely

Sunday, January 5, 2020

Technical Analysis Jan 2020: SAPNRG (5218)


SAPURA ENERGY BERHAD 

Observation from Chart:

SAPNRG (5218) forming descending triangle pattern.

Will it breakout strong resistance & go higher ?

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

Immediate resistance @ RM0.275 (descending triangle line)
Subsequent resistance @ RM0.30

Immediate support @ RM0.26 level.
If break this strong support, lower low is confirm, Downtrend may resume.

Let's watch closely for opportunity

Technical Analysis Jan 2020: HAIO (7668)


HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO forming low high & lower low.

How low will it go?

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

Immediate resistance @ RM2.10 level.
Subsequent resistance @ RM2.20 level.

Immediate support @ RM2.00 level.
Subsequent support @ RM1.96 level.

HAI-O dividend policy: minimum dividend payout policy of 50% of net profit.
Upcoming dividend 3sen, however as to date pending announce the details of entitlement and payment dates.

Let's watch closely.