Technical Analysis Nov 2011: BURSA (1818)

BURSA MALAYSIA BERHAD

Observation from Chart:-

BURSA retest MA20 support level.

Will it rebound or break down this level?

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

Immediate resistant RM6.78 level.
Subsequent resistant RM6.87 or MA100 level.

Immediate support RM6.54 or MA20 level.
Subsequent support RM6.40 level.

If market sentiment is positive, BURSA should be rebound.
Let watch closely.

Technical Analysis Nov 2011: YTL (4677)

YTL CORPORATION BERHAD

Observation from Chart:-


YTL retest RM1.53 resistant level but unable break through it.

Will it consolidate at support level?
Or further retrace down retest subsequent support level?

Other indicator:-
MACD at positive region, uptrend itinerary.
Stochastic %K trigger SELL call, pending confirmation.

If retrace down, RM1.41 is strong support level.

Let watch closely for entry opportunity.

Technical Analysis Nov 2011: AXIATA (6888)

AXIATA GROUP BERHAD

Observation from Chart:-

On 9 Nov 2011, AXIATA (6888) is retest strong resistant, RM4.97 level.

Will it break through or retrace down?

Other indicator:-

1. MACD indicator at positive region, uptrend sign.

2. Stochastic %K trigger BUY call.

If break through RM4.97, next resistant would be RM5.06 level.

If retraced down, most probably will retest MA100, which is RM4.82 level.

Subsequent support would be MA50 which is RM4.70 level.

Let watch closely.

Technical Analysis Nov 2011: GENTING (3182)

GENTING BERHAD

Observation from Chart:-

4 Nov 2011, GENTING retest current resistant level RM10.82.

Will it break through or retrace down?

Other indicator:-
1. NO reversal candlestick have been formed.
2. MACD at positive region, uptrend itinerary.
3. Stochastic %K already trigger BUY call.

If market sentiment positive, high probably GENTING will break through RM10.82 resistant & retest subsequent resistant RM11.32 level.
However, if retrace down, RM10.16 is strong support level, which is MA100 level.

Let watch closely.

Technical Analysis Nov 2011: DIGISTA (0029)

DIGISTAR CORPORATION BERHAD

Observation from chart:-

DIGISTA is consolidate between RM0.395 & RM0.425 level, forming bolinger band squeeze.

Will it break through or break down?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K been trigger BUY call, pending confirmation.

Immediate resistant would be RM0.425 level.
Do watch out "strong" resistant at RM0.44 level, which is MA100 level.
Immediate support would be RM0.395 level.

KSL will annouce their quarterly result soon.
If the result above expectation, it might hugging bolinger upper band go higher.
However, if below exepctation, market will react the other way round.

Let watch closely.

Technical Analysis Nov 2011: KSL (5038)

KSL HOLDINGS BERHAD

Observation from chart:-

4 Nov 2011, KSL already successful break through MA50 resistant level.

How high will it go?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K been trigger BUY call.

Immediate resistant would be RM1.54 level.
Immediate support would be MA50 level.

KSL will annouce their quarterly result on next two week.
If the result above expectation, the bull run will continue.
However, if below exepctation, market will react the other way round.

Let watch closely.

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

Technical Analysis Nov 2011: BJCORP (3395)

BERJAYA CORPORATION BERHAD

Observation from Chart:-

BJCORP is trading side way & forming boliner band squeeze.

RM1.05 is immediate resistant.

RM0.99 is immdieate support.

Will it break through Rm1.05 resistant?

Other indicator:-

MACD trade at positive region, uptrend sign.

Stochastic %K not yet trigger BUY call.

BJCORP performed a lot of shares Buy Back, it might be some good news pending announcement.

It have posiblity break through RM1.05 resistant.

Do need to watch out strong resistant at MA100 & MA200.

Let watch closely for entry opportunity.

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

Technical Analysis Nov 2011: BSTEAD (2771)

BOUSTEAD HOLDINGS BERHAD

Observation From Chart:

After huge rebound from RM4.55 low, BSTEAD keep consolidate around RM5.30 level.

Will it retest MA200 resistant?

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

Strong resistant at MA200 which is around RM5.62 level.
Strong support at MA50 which is around RM5.23 level.

High probably will retest MA200 level soon.
Let watch closely.

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

Technical Analysis Nov 2011: E&O (3417)

EASTERN & ORIENTAL BERHAD

Observation From Chart:

E&O is retest MA200 support level.

Will it rebound? Or break through this support?

Other indicator:-
1. MACD bearish touching, pending crossover.
2. MACD trade at negative region, downtrend sign.
3. Stochastic %K still on SELL call.

If break down MA200 support, next support would be RM1.34 level.

However, if rebound, RM1.50 is current resistant level.

Let watch closely.

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

Technical Analysis Nov 2011: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX keep retest MA200 resistant level.

Will it break through this strong resistant?

Other indicator:-
MACD still at positive region, uptrend sign.
RSI & Stochastic %K already reach overbought stage.

It might retrace down for correction or consolidate at this level before go higher.

However, strong support at RM3.30, which is MA100 level.

On 1 Nov 2011, SUPERMAX proposed bonus issue of 340,077,440 new Supermax Shares to be credited as fully paid-up on the basis of one (1) Bonus Share for every one (1) existing Supermax Share held on an entitlement date to be determined later.

Let watch closely.

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