Sunday, May 24, 2020

Technical Analysis May 2020: G3 (7184)


G3 GLOBAL BERHAD 

Observation from Chart:-

G3 (7184) retest RM2.50 support level.

Will it rebound?

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

Immediate resistance @ RM3.00 level.
Subsequent resistance @ RM3.25 level.

Immediate support @ RM2.50 level.
Subsequent support @ RM2.41 level.

Let's watch closely.

Technical Analysis May 2020: KAREX (5247)


KAREX BERHAD (5247) 

Observation from Chart:

KAREX (5247) retest RM0.585 resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM0.585 level.
Subsequent resistance @ RM0.65 level.

Immediate support @ RM0.52 level.
Subsequent support @ RM0.48 level.

Let's watch closely

Sunday, April 26, 2020

Technical Analysis Apr 2020: CAREPLS (0163)


CAREPLUS GROUP BERHAD (0163) 

Observation from Chart:-

CAREPLS forming "U" pattern & breakout RM0.405 resistance level.

How high will it go?

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

Immediate support @ RM0.35 level.
Subsequent suport @ RM0.32 level.

Immediate resistance @ RM0.44 level.
Subsequent resistance @ RM0.50 level.

Let's watch closely.

Thursday, April 2, 2020

Technical Analysis Apr 2020: BURSA (1818)



BURSA MALAYSIA BERHAD 

Observation from Chart:-

BURSA keep on retest downtrend resistance level & unable breakout.

Will it retrace down & forming double bottom at RM4.40 level ?

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

Immediate resistance @ RM5.15 level.
Subsequent resistance @ RM5.40 level.

Immediate support @ RM4.40 level.
If break RM4.40 support, lower low is confirm. Downtrend will resume.

Let's watch closely.

Technical Analysis Apr 2020: KAREX (5247)


KAREX BERHAD (5247) 

Observation from Chart:

KAREX (5247) retest RM0.395 support level.

Will it rebound?

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

Immediate resistance @ RM0.58 level.
Subsequent resistance @ RM0.42 level.

Immediate support @ RM0.36 level.
Subsequent support @ RM0.26 level.

Recent news on condoms
Source: CNA
Source: Bloomberg

Let's watch closely

Saturday, March 28, 2020

Technical Analysis Mar 2020: YZJ (BS6)


Yangzijiang Shipbuilding Holdings Ltd 

Observation from Chart:

YZJ Shipbldg (BS6) lower high & lower low.

Will it retest downtrend resistance level?

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

Immediate resistance @ SGD0.90 level.
Subsequent resistance @ SGD0.92 level.

Immediate support @ SGD0.78 level.
Subsequent support @ SGD0.735 level.

Let's watch closely

Saturday, March 21, 2020

Technical Analysis Mar 2020: GENM (4715)


GENTING MALAYSIA BERHAD 

Observation from Chart:

GENM retrace down from RM3.30 to RM1.90 support level. (-42.4%)

Will it technical rebound @ RM1.90 level ?

Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K on oversold region.

Immediate support @ RM1.90 level.
If break RM1.90, lower low is confirm. Downtrend may resume.

Immediate resistance @ RM2.00 psychology level.
Subsequent resistance @ RM2.30 level.

Fundamental Outlook:
Tourist sector been hit hard by Coronavirus like GENM.
It may hit hard by movement control period which no operation for 14 days as well.
Expected the impact of local tourist (March school holiday) & international tourist may reflex in upcoming & following quarter result.

Source: Genting Highlands, Malaysia malls and other places that are eerily deserted due to the coronavirus-linked lockdown

Source: Genting Malaysia likely to be worst-hit in gaming sector during movement control period

Let's watch close for bottom fishing opportunity.

Sunday, March 15, 2020

Technical Analysis Mar 2020: SUPERMX (7106)



SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX consolidate sideway.

Will it breakout & go higher?

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

Immediate resistance @ RM1.87 level.
Subsequent resistance @ RM2.00 level.

Immediate support @ RM1.66 level.
Subsequent support @ RM1.55 level.

Let's watch closely

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.