Showing posts with label SUNWAY (5211). Show all posts
Showing posts with label SUNWAY (5211). Show all posts

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. 

Friday, June 15, 2018

Technical Analysis June 2018: SUNWAY (5211)



SUNWAY HOLDING BERHAD

Observation from chart:-

SUNWAY retest 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 @ RM1.66 level.
Subsequent resistance @ RM1.70 level.

Immediate support @ RM1.56 level.
Subsequent support @ RM1.45 level.

Let's watch closely for opportunity.

Wednesday, June 21, 2017

Technical Analysis Jun 2017: SUNWAY (5211)



SUNWAY HOLDING BERHAD 

Observation from chart:-

SUNWAY gap up after announcement "Proposed BONUS ISSUE of Shares".

Will it close the gap up?

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

Immediate resistance @ RM4.05 level,
If breakout RM4.05, higher high is form. Uptrend will resume.
.
Immediate support @ RM3.87 level.
Subsequent support @ RM3.73 level.

Let's watch closely for opportunity.

Friday, August 7, 2015

Technical Analysis Aug 2015: SUNWAY (5211)

SUNWAY HOLDING BERHAD 

Observation from chart:-

SUNWAY forming bolinger band squeeze between RM3.36 & RM3.63 level.

When will it breakout?

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

If able breakout RM3.63 immediate resistance level, next resistance @ RM3.73 level.
If retrace down, strong support @ RM3.36 level, subsequent support @ RM3.25 level.

Let's watch closely for opportunity.

Monday, March 23, 2015

Technical Analysis Mar 2015: SUNWAY (5211)

SUNWAY HOLDING BERHAD 

Observation from chart:-

SUNWAY succeed breakout RM3.55 resistance level.

How high will it go?

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

It's historical high, no immediate resistance @ this level.
If retrace down, strong support @ RM3.55 level,
Subsequent support @ RM3.48 level.

Let's watch closely.

Saturday, November 23, 2013

Technical Analysis Nov 2013: SUNWAY (5211)

SUNWAY HOLDING BERHAD

Observation from chart:-

SUNWAY retest RM2.65 support level.
Will it rebound or breakdown the strong support?

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

Immediate resistant would be MA20 level, which is around RM2.76 level.
Immediate support would be RM2.65 level.
If break down strong support, it might facing another round of selling pressure.

Let's watch closely.