From the chart, GPACKET (0082) currently trade at support level RM0.91
If able rebound back, most probably will retest RM0.98 level as well as RM0.995 level. (Gap between RM0.98 & RM0.995 will be the resistant)
From the chart, AXIATA (6888) seem like formed triple top at RM4.61.
Now, retrace down & most probably will retest current strong support level RM4.37
If unable sustain & rebound back, most probably will break down future.
Let watch closely for entry opportunity OR cut loss if break down the support.
From the chart, seem like forming symmetrical triangle.
If able break up the triangle, RM2.80 should be profit target point. (Due to heavy resistant)
Let watch closely for entry opportunity.
Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
From the chart, HAIO currently trade at RM3.22
Immediately support level RM3.20
On 22 Oct 2010, it form a doji candlestick, what's will happen on 25 Oct 2010 ???
If able breakup 1st resistant, RM3.24 (MA50). Let watch for
2nd resistant, RM3.46
3rd resistant RM3.61**
RM3.61 may consider as quite heavy resistant, it might consolidate OR have solid reason just able break this point.
On 22 Oct 2010 HAIO has announced:- The Board of Directors of Hai-O wishes to announce that, Hai-O Properties Sdn Bhd, a wholly-owned subsidiary of Hai-O has on 22 October 2010 entered into a Share Sale and Shareholders’ Agreement with Sierra Equatorial Development Sdn Bhd for the purpose of entering into the business of property investment and development in Malaysia
Added, Final Dividend of 10 sen per ordinary share of RM0.50 each less 25% tax and a single tier dividend of 4.5 sen per ordinary share of RM0.50 each, ex-date 26 November 2010 .
Let watch closely for entry opportunity.
Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
For those who not familiar fundamental analysis OR technical analysis, high dividend payout stock might be their 1st choice of consideration.
From technical view, REDTONE is forming Ascending Triangle Pattern.
It resistant is around RM0.245 & strong support level should be bottom line of the triangle.
This round it should re-test RM0.245 again & retrace down to triangle bottom line before break up RM0.245 level. Most analysts will take a position once the price breaks through the top line of the triangle with increased volume.
However, if break down the bottom line of the triangle, it might be high risk. May consider cut loss & protect capital.
Let watch closely for entry opportunity.
Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
From dividend historical, HAIO will announce their dividend around end of Sept OR early Oct.
However, HAIO has been 1 step early proposed 14.5cent dividend (Final Dividend of 10 sen, less tax and a single tier dividend of 4.5 sen) as their final dividend of FY 30 April 2010 on their website.
Attractive of HAIO:-
1. PE ratio is 9.2
2. DY ratio 8.7
3. One of the Nine M’sian firms make it to Forbes’ Best under a Billion
4. Dividend Policy: The group has raised its commitment to reward shareholders by establishing a minimum dividend payout policy of 50% of net profit.
5. Par value RM0.50, dividend RM0.145 = 29%
Let watch closely, do not miss the opportunity!
Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
From technical view, KSENG is forming Ascending Triangle Pattern.
It resistant is around RM6.02 & strong support level should be bottom line of the triangle.
This round it should re-test RM6.02 again & retrace down to triangle bottom line before break up RM6.02 level. Most analysts will take a position once the price breaks through the top line of the triangle with increased volume.
However, if break down the bottom line of the triangle, it might be high risk. May consider cut loss & protect capital.
Let watch closely for entry opportunity.
Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
From technical view, RM2.44 is a strong resistant. However, RM1.89 is a strong support level for UNISEM.
On 10 May 2010, it start retrace down from RM2.44 high.
On 25 May 2010, touching Rm1.89 & rebound back to RM2.44 high (+28.6%).
After 3X attempt RM2.44, still unable break through, it retrace down to RM1.89 again (-22.1%) & small rebound to RM2.15 level (+13.8%).
Currently, it was trade around RM1.90 level, which is the strong support level.
Will it future retrace down OR rebound up???
If it was break down RM1.89 support level, this stock will be downtrend stock cause it is forming lower high lower low. Definitely, high selling pressure will push the price lower.
Let watch closely to protect capital. On the other hand, look for opportunity to entry.
Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
After bonus issue, TOPGLOVE have been retrace down from RM7.38 to RM5.50.
Will it future retrace down???
From Technical Analysis, RM5.50 is a strong support level.
On 7 May 2010, it was retrace down from RM6.90 till RM5.50 & formed a bullish reversal.
In next 6 trading days, it reach RM6.27 (+ RM0.77)
On 8 Sept 2010, it also touching RM5.50 & formed reversal candelstick. Added, the volume was above average even it was Raya eve (half trading day only)
So, what do you think?
Let watch closely, do not miss the opportunity!
Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!