Wednesday, December 30, 2020

Technical Analysis Dec 2020: Tuan Sing (SGX: T24)



Tuan Sing Holdings Limited (SGX: T24) 

Observation From Chart: 

Tuan Sing (SGX: T24) forming ascending triangle pattern. 

Will it breakout $0.325 resistance level? 

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

Immediate resistance @ triangle resistance level. 
Subsequent resistance @ $0.345 level. 

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

Let's watch closely Disclaimer

Technical Analysis Dec 2020: HAIO (Bursa: 7668)



HAI-O ENTERPRISE BERHAD 

Observation From Chart: 

HAIO consolidate sideway. 

Will it retest uptrend support level? 

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

Immediate resistance @ triangle line level. 
Subsequent resistance @ RM2.40 level.

Immediate support @ uptrend line level. 
Subsequent support @ RM2.15 level. 

Let's watch closely Disclaimer

Monday, December 28, 2020

Technical Analysis Dec 2020: IRIS (Bursa: 0010)



IRIS CORPORATION BHD 

Observation From Chart: 

IRIS (0010) forming "U" pattern. 

Will it breakout & go higher? 

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

Immediate resistance @ RM0.445 line. 
If breakout RM0.445, higher high is confirm. May have another wave of uptrend.

Immediate support @ RM0.37 level. 
Subsequent support @ RM0.345 level. 

Let's watch closely Disclaimer

Saturday, December 26, 2020

Technical Analysis Dec 2020: OSK (Bursa: 5053)


OSK HOLDINGS BERHAD 

Observation from Chart:- 

OSK (5053) forming ascending triangle pattern? 

Will it retrace down retest triangle support level? 

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

Immediate resistance @ ascending triangle resistance level 
Subsequent resistance @ RM1.00 level. 

Immediate support @ MA20 level. 
Subsequent support @ ascending triangle support level. 

Let's watch closely Disclaimer

Friday, December 25, 2020

Follow up Technical Analysis Dec 2020: Sembcorp Marine (SGX: S51)



Sembcorp Marine (SGX: S51) 

Observation from chart:- 

Sembcorp Marine (SGX: S51) forming "W" pattern ? 

Will it rebound at $0.137 support level?

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

Immediate resistance @ $0.16 level.
Subsequent resistance @ $0.176 level. 

Immediate support @ $0.137 level. 
Subsequent support @ $0.113 level. 

Let's watch closely Disclaimer

Sunday, December 20, 2020

Technical Analysis Dec 2020: HARTA (Bursa: 5168)



HARTALEGA HOLDINGS BERHAD 

Observation from Chart: 

HARTA (5168) forming descending triangle pattern. 

Will it rebound at strong support level? 

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

Immediate support @ RM11.70 level. 
Subsequent support @ RM10.76 level.

Immediate resistance @ RM13.35 level 
Subsequent resistance @ RM14.65 level. 

Let's watch closely Disclaimer

Saturday, December 19, 2020

Technical Analysis Dec 2020: BINTAI (Bursa: 6998)



BINTAI KINDEN CORPORATION BERHAD 

Observation from Chart: 

BINTAI (Bursa: 6998) break strong support level, RM0.78 & also break the uptrend line support level.

What's next support level? 

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

Immediate support @ RM0.57 level. 
Subsequent support @ RM0.50 level. 

Immediate resistance @ RM0.78 level. 
Subsequent resistance @ RM0.83 level. 

Let's watch closely Disclaimer

Technical Analysis Dec 2020: SingMedical (SGX: 5OT)



Singapore Medical Group Limited 

Observation from Chart: 

SingMedical (5OT) succeed breakout strong resistance $0.275 level.

Will it retest $0.39 resistance level ? 

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

Immediate support @ $0.275 level. 
Subsequent support @ $0.265 level. 

Immediate resistance @ $0.325 level.
Subsequent resistance @ $0.34 level. 

Let's watch closely Disclaimer.

Thursday, December 17, 2020

Technical Analysis Dec 2020: IWCITY (BURSA: 1589)



ISKANDAR WATERFRONT CITY BHD 

Observation from Chart:- 

IWCITY (BURSA: 1589) retest resistance level. 

Will it succeed breakout & go higher? 

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

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

Immediate support @ RM0.56 level 
Subsequent support @ RM0.53 level. 

Let's watch closely Disclaimer.

Technical Analysis Dec 2020: EKOVEST (Bursa: 8877)



EKOVEST BHD 

Observation from Chart:- 

EKOVEST (Bursa: 8877) rebound from MA20 support level. 

Will it retest RM0.65 strong resistance level? 

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

Immediate resistance @ RM0.61 level. 
Subsequent resistance @ RM0.65 level. 

Immediate support @ MA20 level 
Subsequent support @ RM0.48 level. 

Let's watch closely Disclaimer.

Tuesday, December 15, 2020

Technical Analysis Dec 2020: COSCO SHP SG (SGX: F83)



COSCO Shipping International (Singapore) Co Ltd 

Observation from chart:- 

COSCO SHP SG (SGX: F83) succeed breakout downtrend line resistance. 

What's next resistance level?

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

Immediate resistance @ $0.34 level  
Subsequent resistance @ $0.38 level. 

Immediate support @ $0.26 level. 
Subsequent support @ $0.23 level. 

Let's watch closely Disclaimer

Technical Analysis Dec 2020: NAIM (Bursa: 5073)

NAIM HOLDINGS BERHAD 

Observation from Chart:- 

NAIM consolidate at triangle support level. 

Will it rebound & breakout resistance level?

Other indicator:- 
MACD trade at neutral region, sideway trend sign. 
Stochastic %K on SELL call itinerary.

Immediate resistance @ RM0.91 level. 
Subsequent resistance @ RM1.05 level. 

Immediate support @ triangle support level 
Subsequent support @ RM0.72 level. 

Refer pass history, NAIM will be one of the Sarawak election theme stock.

Let's watch closely Disclaimer.

Monday, December 14, 2020

Technical Analysis Dec 2020: OPENSYS (BURSA: 0040)



OPENSYS (M) BHD 

Observation from Chart:- 

OPENSYS (0040) retest symmetrical triangle support level again.  

Will it rebound? 

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

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

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

Let's watch closely Disclaimer.

Technical Analysis Dec 2020: Singapore Airlines Ltd (SGX: C6L)



Singapore Airlines Ltd (SGX: C6L)

Observation from chart:- 

SIA (SGX: C6L)  forming triangle pattern.

Will it breakout resistance & go higher? 

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

Immediate resistance @ triangle resistance level 
Subsequent resistance @ $4.60 level. 

Immediate support @ triangle support level. 
Subsequent support @ $4.11 level. 

Let's watch closely Disclaimer

Sunday, December 13, 2020

Technical Analysis Dec 2020: SUPERMX (BURSA: 7106)



SUPERMAX CORPORATION BERHAD 

Observation From Chart:- 

SUPERMX (7106) forming symmetrical triangle pattern. 

Will it rebound or break support level? 

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

Immediate resistance @ triangle resistance level. 
Subsequent resistance @ RM10.80 level. 

Immediate support @ triangle support level. 
Subsequent support @ RM6.00 level. 

Let's watch closely Disclaimer

Friday, December 11, 2020

Technical Analysis Dec 2020: OPTIMAX (BURSA: 0222)



OPTIMAX HOLDINGS BERHAD

Observation From Chart: 

OPTIMAX (BURSA: 0222) succeed breakout RM0.80 resistance level. 

Will it breakout RM0.83 level as well? 

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

Immediate support @ RM0.80 level. 
Subsequent support @ RM0.74 level. 

Immediate resistance @ RM0.83 level. 
Subsequent resistance @ RM0.895 level. 

Let's watch closely Disclaimer

Technical Analysis Dec 2020: Sembcorp Marine (SGX: S51)



Sembcorp Marine (SGX: S51) 

Observation from chart:- 

Sembcorp Marine (SGX: S51) forming "U" pattern & consolidate sideway. 

Will it breakout resistance & go higher? 

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

Immediate resistance @ $0.176 level 
Subsequent resistance @ $0.205 level. 

Immediate support @ $0.161 level.
Subsequent support @ $0.154 level.

 Let's watch closely Disclaimer

Tuesday, December 8, 2020

Technical Analysis Dec 2020: SOLUTN (Bursa: 0093)



SOLUTION ENGINEERING HOLDINGS BHD 

Observation From Chart: 

SOLUTN (Bursa: 0093) retrace down from RM2.00 level.  

Will it retest FIBO 61.8% level?

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

Immediate support @ RM1.27 level. 
Subsequent support @ RM1.05 level. 

Immediate resistance @ RM2.00 level. 
If able breakout RM2.00 level, higher high is confirm.

Let's watch closely Disclaimer

Friday, December 4, 2020

Technical Analysis Dec 2020: ARMADA (BURSA: 5210)



BUMI ARMADA BERHAD 

Observation from Chart:- 

ARMADA rebound from RM0.21 to RM0.385 high. (+RM0.175)

Today formed shooting star candlestick.

Will it retrace down to FIBO 61.8% level? 

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

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

Immediate resistance @ RM0.385 level
Subsequent resistance @ RM0.41 level. 

Let's watch closely Disclaimer.

Technical Analysis Dec 2020: ComfortDelGro (SGX: C52)



Comfortdelgro Corporation Ltd 

Observation from chart:- 

ComfortDelGro (C52) ascending triangle pattern? 

Will it breakout the resistance line? 

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

Immediate resistance @ $1.81 level 
Subsequent resistance @ $1.90 level. 

Immediate support @ MA20 level.
Subsequent support @ $1.54 level.

Let's watch closely Disclaimer.

Thursday, December 3, 2020

Technical Analysis Dec 2020: COASTAL (BURSA: 5071)



COASTAL CONTRACTS BHD (5071) 

Observation From Chart:- 

COASTAL consolidate sideway since 23 March 2020.

It has been retest 6x strong resistance line but unable breakout.  

How about this round?

Other indicator:- 
MACD at neutral region, sideway trend. 
Stochastic %K on BUY call itinerary. 

Immediate support @ strong support line. 
Subsequent support @ RM0.53 level.

Immediate resistance @ strong resistance line. 
Subsequent resistance @ RM0.77 level. 

Let's watch closely Disclaimer

Technical Analysis Dec 2020: SINGTEL (SGX: Z74)

SINGAPORE TELECOMMUNICATIONS LTD 

Observation from Chart: 

SINGTEL (Z74) retrace down to FIBO 50% level & rebound. 

Will it breakout $2.54 resistance level?

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

Immediate support @ $2.27 level. 
Subsequent support @ $2.21 level. 

Immediate resistance @ MA20 level 
Subsequent resistance @ $2.45 level. 

Let's watch closely Disclaimer.

Technical Analysis Dec 2020: LSTEEL (BURSA: 9881)



LEADER STEEL HOLDINGS BERHAD (9881) 

Observation from Chart: 

LSTEEL (BURSA: 9881) succeed breakout bolinger band sequeeze. 

How high will it go? 

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

Immediate resistance @ RM0.70 level. 
Subsequent resistance @ RM0.73 level. 

Immediate support @ RM0.59 level. 
Subsequent support @ RM0.53 level. 

Let's watch closely Disclaimer.