Wednesday, August 12, 2020

Technical Analysis Aug 2020: UG Healthcare (41A)

UG Healthcare Corp Ltd 

Observation from chart:- 

UG Healthcare (41A) forming higher high & higher low.

How high will it go? 

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

Immediate resistance @ $3.42 level 
If able breakout, higher high is confirm. Uptrend will resume. 

Immediate support @ $2.75 level. 
Subsequent support @ $2.56 level. 

Let's watch closely for opportunity.

Technical Analysis Aug 2020: Keppel Corp (BN4)

 

Keppel Corporation Limited (BN4) 

Observation from chart:- 

Keppel Corp (BN4) break $4.82 support level ? 

Will it this key support level turn to resistance level? 

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

Immediate resistance @ $4.82 level. 
Subsequent resistance @ $5.10 level. 

Immediate support @ $4.80 level. 
Subsequent support @ $4.70 level. 

Let's watch closely for opportunity.

Tuesday, August 11, 2020

Technical Analysis Aug 2020: DPHARMA (7148)

 

DUOPHARMA BIOTECH BERHAD 

Observation from Chart:- 

DPHARMA (7148) forming ascending triangle pattern.

Will it breakout RM3.40 resistance ? 

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

Immediate support @ RM3.10 level. 
Subsequent support @ RM2.60 level 

Immediate resistance @ RM3.40 level. 
Subsequent resistance @ RM3.67 level. 

Let's watch closely.

Monday, August 10, 2020

Technical Analysis Aug 2020: YTLREIT (5109)

 

YTL HOSPITALITY REIT 

Observation from Chart:- 

YTLREIT (5109) forming double bottom @ RM0.75 support level ?

Will it rebound?

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

Immediate support @ RM0.75 level. 
Subsequent support @ RM0.70 level 

Immediate resistance @ RM0.90 level. 
Subsequent resistance @ RM0.96 level.

Let's watch closely for technical rebound.

Sunday, August 9, 2020

Technical Analysis Aug 2020: SUNWAY (5211)


SUNWAY HOLDING BERHAD 

Observation from chart:- 

SUNWAY retest strong support level. 

Will it rebound? 

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

Immediate resistance @ RM1.35 level. 
Subsequent resistance @ RM1.45 level. 

Immediate support @ RM1.29 level. 
Subsequent support @ RM1.25 level. 

Let's watch closely for opportunity. 

Technical Analysis Aug 2020: SBS Transit (S61)

 

SBS TRANSIT LTD 

Observation from chart:- 

SBS Transit (S61) forming ascending triangle pattern. 

Will it rebound from support level? 

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

Immediate resistance @ $2.97 level. 
Subsequent resistance @ $3.14 level. 

Immediate support @ $2.75 level. 
Subsequent support @ $2.63 level. 

Let's watch closely for opportunity.

Thursday, August 6, 2020

Technical Analysis Aug 2020: Silverlake Axis (5CP)


SILVERLAKE AXIS LIMITED 

Observation from chart:- 

Silverlake Axis (5CP) forming "U" pattern. 

Will it breakout $0.335 resistance level? 

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

Immediate resistance @ $0.335 level.  
Subsequent resistance @ $0.35 level.

Immediate support @ $0.285 level. 
Subsequent support @ $0.27 level. 

Let's watch closely for opportunity.

Monday, August 3, 2020

Technical Analysis Aug 2020: Biolidics (8YY)


Biolidics Limited 

Observation from chart:- 

Biolidics (8YY) forming triangle pattern. 

Will it break the resistance or support? 

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

Immediate resistance @ $0.495 level.
Subsequent resistance @ $0.58 level.

Immediate support @ $0.38 level. 
Subsequent support @ $0.28 level. 

Let's watch closely for opportunity.

Sunday, August 2, 2020

Technical Analysis Aug 2020: UG Healthcare (41A)



UG Healthcare Corp Ltd 

Observation from chart:- 

UG Healthcare (41A) trading within the band, forming higher high & higher low. 

Will it retrace down to retest lower band? 

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

Immediate resistance @ $2.54 level 
If able breakout, higher high is confirm. Uptrend will resume.

Immediate support @ $2.10 level. 
Subsequent support @ $1.85 level.

Let's watch closely for opportunity. 

Saturday, August 1, 2020

Technical Analysis Aug 2020: GTRONIC (7022)



GLOBETRONICS TECHNOLOGY BHD 

Observation from chart:- 

GTRONIC trading within the band, forming higher high & higher low.

How high will it go? 

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

Immediate resistance @ RM2.65 level 
Subsequent resistance @ RM2.90 level. 

Immediate support @ RM2.46 level. 
Subsequent support @ RM2.33 level. 

Let's watch closely for opportunity.

Technical Analysis Aug 2020: SINGTEL (Z74)



SINGAPORE TELECOMMUNICATIONS LTD 

Observation from Chart: 

SINGTEL (Z74) forming triangle pattern.

Will it break the resistance or support? 

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

Immediate support @ $2.42 level. 
Subsequent support @ $2.19 level. 

Immediate resistance @ $2.67 level 
Subsequent resistance @ $2.84 level. 

Singtel dividend $0.0545 going ex-date on 4 Aug 2020

Let's watch closely for opportunity.

Friday, July 31, 2020

Technical Analysis July 2020: MEDTECS INTL (546)


MEDTECS INTERNATIONAL CORP LTD 

Observation From Chart:- 

MEDTECS INTL (546) retest $0.93 resistance level. 

How about this round, will it breakout? 

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

Immediate resistance@ $0.93 level, 
If able breakout $0.93 resistance level, higher high is confirm. Uptrend will resume. 

If retrace down,
Immediate support @ $0.77 level. 
Subsequent support @ $0.71 level. 

Let's watch closely.

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Tuesday, July 28, 2020

Technical Analysis July 2020: WPRTS (5246)



WESTPORTS HOLDINGS BERHAD 

Observation From Chart:-

WPRTS (5246) retest MA200 resistance level again.

How about this round, will it breakout?

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

Immediate resistance@ RM3.86 level,
Subsequent resistance @ RM4.06 level.
If able breakout MA200 resistance level, higher high is confirm. Uptrend will resume.

Immediate support @ RM3.68 level.
Subsequent support @ RM3.55 level.

Let's watch closely.

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Monday, July 27, 2020

Technical Analysis July 2020: SingMedical (5OT)


Singapore Medical Group Limited 

Observation from Chart:

SingMedical (5OT) attempt few round MA200 level but unable breakout & forming ascending triangle pattern

Will it breakout resistance level ?

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

Immediate support @ $0.26l evel.
Subsequent support @ $0.25 level.

Immediate resistance @ $0.275 level which is MA200
Subsequent resistance @ $0.34 level.

Let's watch closely for opportunity.

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Saturday, July 25, 2020

Technical Analysis July 2020: Q & M Dental Group (QC7)



Q & M Dental Group (QC7)

Observation from Chart:

Q&M (QC7) forming Inverted Head and Shoulders pattern 

How high will it go?

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

Immediate support @ $0.455 level.
Subsequent support @ $0.42 level.

Immediate resistance @ $0.52 level
Subsequent resistance @ $0.55 level.

Let's watch closely for opportunity.

Friday, July 24, 2020

Technical Analysis July 2020: IX Biopharma (42C)



iX Biopharma Ltd (42C) 

Observation from Chart:

IX Biopharma (42C) forming cup & handle pattern.

Will it breakout & go higher?

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

Immediate support @ $0.315 level.
Subsequent support @ $0.29 level.

Immediate resistance @ $0.335 level
If able breakout, higher high is confirm. Uptrend will resume.

Let's watch closely for opportunity.

Technical Analysis July 2020: GREATECH (0208)



GREATECH TECHNOLOGY BERHAD

Observation from Chart:-

GREATECH (0208) trading higher high & higher low.

How high will it go?

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

Immediate resistance @ RM5.80 level.
If able break this level, higher high is confirm. Uptrend may resume.

Immediate support @ RM5.00 level.
Subsequent support @ RM4.50 level.

Let's watch closely for opportunity.

Technical Analysis July 2020: G3 (7184)


G3 GLOBAL BERHAD 

Observation from Chart:-

G3 (7184) forming triangle pattern. 

When will it breakout?

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

Immediate resistance @ RM2.93 level.
Subsequent resistance @ RM3.00 level.

Immediate support @ RM2.65 level.
Subsequent support @ RM2.50 level.

Let's watch closely for opportunity.

Wednesday, July 22, 2020

Technical Analysis July 2020: NetLink NBN Trust (CJLU)


NetLink NBN Trust (CJLU)

Observation from Chart:

NetLink (CJLU) break MA200 support level?

How low will it go?

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

Immediate support @ $0.92 level.
Subsequent support @ $0.785 level.

Immediate resistance @ $0.98 level
Subsequent resistance @ $1.00 level.

Let's watch closely for opportunity.

Saturday, July 18, 2020

Technical Analysis July 2020: QES (0196)


QES GROUP BERHAD 

Observation from Chart:-

QES (0196) forming "V" shape rebound & retest strong resistance level, RM0.245

Will it break the resistance & go higher ?

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

Immediate resistance @ RM0.245 level.
If breakout this strong resistance, higher high is confirm. Uptrend will resume

Immediate support @ RM0.215 level.
Subsequent support @ RM0.195 level.

Let's watch closely.

Wednesday, July 15, 2020

Technical Analysis July 2020: REDTONE (0032)


REDTONE INTERNATIONAL BERHAD

Observation from Chart:-

REDTONE forming descending triangle pattern.

Will it break the support & go lower ?

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

Immediate resistance @ RM0.40 level.
Subsequent resistance @ RM0.45 level.

Immediate support @ RM0.37 level.
Subsequent support @ RM0.35 level.

Let's watch closely.

Technical Analysis July 2020: KERJAYA (7161)


KERJAYA PROSPEK GROUP BERHAD 

Observation from Chart:-

KERJAYA (7161) trading within the band.

Will it breakout resistance & go higher?

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

Immediate support @ RM1.00 level.
Subsequent support @ RM0.97 level.

Immediate resistance @ RM1.15 level
Subsequent resistance @ RM1.21 level.

Let's watch closely.

Friday, July 10, 2020

Technical Analysis July 2020: BIMB (5258)


BIMB HOLDINGS BERHAD 

Observation From Chart:-

BIMB forming ascending triangle pattern.

Will it breakout & go higher?

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

Immediate resistance @ RM3.70 level.
Subsequent resistance @ RM3.80 level.

Immediate support @ ascending triangle level.
Subsequent support @ RM3.38 level.

Let's watch closely.

Technical Analysis July 2020: HAIO (7668)



HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO consolidate between MA50 & MA200 level.

Will it break MA200 resistance level & go higher?

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

Immediate resistance @ MA200 level.
Subsequent resistance @ RM2.04 level.

Immediate support @ MA50level.
Subsequent support @ RM1.82 level.

The Board of Directors is pleased to propose a final single tier dividend of 4 sen per ordinary share
Source: HAI-O Dividend

Let's watch closely.

Saturday, May 30, 2020

Technical Analysis May 2020: ComfortDelGro (C52)



Comfortdelgro Corporation Ltd 

Observation from Chart:-

ComfortDelGro break rebound support level?

How low will it go?

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

Immediate resistance @ RM1.55 level.
Subsequent resistance @ RM1.65 level.

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

Let's watch closely.

Friday, May 29, 2020

Technical Analysis May 2020: DELEUM (5132)



DELEUM BERHAD 

Observation from Chart:-

DELEUM forming higher high & higher low.

How high will it go?

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

Immediate resistance @ RM0.80 level.
Subsequent resistance @ RM0.85 level.

Immediate support @ RM0.67 level.
Subsequent support @ RM0.61 level.

Let's watch closely

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.