Technical Analysis Apr 2011: TENAGA (5347)

TENAGA NASIONAL BHD

Observation from Chart:-

TENAGA seem like forming symmetrical triangle.

If able break up the upper triangle line, may look for RM6.50 level for profit target (around +5% profit)

If break down the lower triangle line, it might retrace down to RM5.95 level (around -4% loss)

Most analysts will take a position once the price breaks through the top line of the triangle with increased volume.

Let watch closely for entry opportunity.

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Technical Analysis Apr 2011: MAHSING (8583)

MAH SING GROUP BERHAD

Observation from Chart:-

MAHSING have been retrace down from RM2.73 high till RM2.59 level.
Next support should be RM2.50 & RM2.30 level.

However, if rebound up, next resistant would be the level, which is RM2.73 level.

If able break up this level, it will create new high record.

Indicator Stochastic &K not yet trigger any buy call.

Let watch closely for entry opportunity...
Remark: Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Technical Analysis Apr 2011: DAYANG (5141)

DAYANG ENTERPRISE HOLDINGS BERHAD

Observation from Chart:-

DAYANG have been break up RM2.10 resistant level.
Next resistant should be RM2.21 & RM2.35 level.

However, if retrace down, MA50 / MA100 is current support level, which is RM2.07 / RM2.04 level.
Next support would be RM1.90 level.

MACD is moving toward positive region, uptrend sign.
Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Technical Analysis April 2011: Axiata (6888)

AXIATA GROUP BERHAD

Observation from Chart:-

From the chart, AXIATA (6888) seem like formed head & shoulders chart pattern.

As 8 April 2011, it have been retest current strong support level RM4.78 which is MA100 / MA20 support level.

At this moment, MACD indicator still at negative region
Added, Stochastic %K NO trigger buy call.

If unable sustain & rebound back, most probably will break down future.
Next support would be RM4.70 & RM4.60 level.

However, if rebound, it might retest RM5 & RM5.15 level.

Let watch closely for entry opportunity.

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Technical Analysis Apr 2011: UNISEM (5005)

UNISEM (M) BERHAD

Observation from Chart:-

As 7 April 2011, Unisem have been break up RM2.02 resistant level.
Next resistant should be RM2.17 & RM2.30 level.

However, if retrace down, MA100 is current support level, which is RM2.02 level. Next support would be RM1.95 & RM1.90 level.

MACD is moving toward positive region, uptrend sign.
Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Technical Analysis Apr 2011: KULIM (2003)

KULIM (MALAYSIA) BERHAD

Observation From Chart:

KULIM is now forming Bolinger Band Squeeze.

It current resistant is around RM3.97 & strong support level should be MA100 which is around RM3.27

Most analysts will take a position once the price breaks up the bolinger band with increased volume.

However, if break down the bolinger band, next support would be RM2.83

Let watch closely for entry opportunity.

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Technical Analysis Apr 2011: QL (7084)

QL RESOURCES BERHAD

Observation from Chart:-

On 5 April 2011, QL is retest RM3.10 resistant level.

RM3.10 is a strong resistant level, it attempt so many times but unable break up.
If able break up this level with huge volume, most analysts will take a position & will retest next level resistant, which is RM3.29 level.

However, if retrace down, it might retest RM3.00 & RM2.95 (MA100) support level again.

Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Technical Analysis Apr 2011: THPLANT (5112)

TH PLANTATIONS BERHAD

Observation from Chart:-

On 4 April 2011, THPLANT is retest RM2.16 resistant level.
Will it break up or retrace down?

If able break up RM2.16, next resistant would be RM2.26 level.
However, if retrace down, it might retest RM2.04 & RM1.92 (MA100) support level again.

If retrace down, it is an opportunity to acquire due to Final Gross Dividend of 12.50 sen per ordinary share less tax at 25% (ex-date: 28/04/2011)

Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Technical Analysis Apr 2011: KIMLUN (5171)

KIMLUN CORPORATION BERHAD

Observation from Chart:-

On 1 April 2011, KIMLUN is retest RM1.80 resistant level.

RM1.80 is a strong resistant level, it attempt so many times but unable break up.
If able break up this level with huge volume, most analysts will take a position & create historial high.

However, if retrace down, it might retest RM1.67 (MA50) & RM1.51 support level again.

Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Technical Analysis Apr 2011: KENCANA (5122)

KENCANA PETROLEUM BERHAD

Observation From Chart:-

After consolidate 2months, KENCANA finally break up bolinger band squeeze with huge volume.

It will retest next resistant which is RM2.88 high soon...

However, if retrace down, may look for RM2.64 & RM2.47 support level.

Let watch closely.

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!