Technical Analysis Dec 2011: DIGI (6947)

DIGI.COM BERHAD

Observation from chart:-

After share split, DIGI keep going higher with MA20 as support level.

Seem like it was forming symmetrical triangle?

Will it break up or break down?

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

Immediate resistance would be upper triangle line.
Immediate support would be lower triangle line.

Let watch closely for the break out.

Technical Analysis Dec 2011: KSL (5038)

KSL HOLDINGS BERHAD

Observation from chart:-

KSL keep consolidate within RM1.37 to RM1.45 level & forming bolinger band squeeze.

When will it break through?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K NO trigger BUY call.

Immediate resistance would be RM1.45 level.
Immediate support would be RM1.37 level.

Let watch closely.

Technical Analysis Dec 2011: SAPCRES (8575)

SAPURACREST PETROLEUM BERHAD

Observation from Chart:-

SAPCRES retest RM4.34 resistance level?

Will it break through the resistance?

Other indicator:-
No reversal candlestick been formed.
MACD at positive region, it is uptrend itinerary.
Stochastic %K already trigger BUY call.

High probably will retest RM4.34 resistance level.
If the bull strong enough, it might break through & retest RM4.50 level.
Else, it might retrace down MA20 support level.

Let watch closely.

Technical Analysis Dec 2011: BJCORP (3395)

BERJAYA CORPORATION BERHAD

Observation from Chart:-

BJCORP still trading side way & forming boliner band squeeze.

Will it break through RM1.02 resistant?

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

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

As 7 Dec 2011, Cumulative net outstanding treasury shares as at to-date (units):54,900,000

It have posiblity break through RM1.02 resistant.
Do need to watch out strong resistant at MA200.

Let watch closely for entry opportunity.

Technical Analysis Dec 2011: IJM (3336)

IJM CORPORATION BERHAD

Observation from Chart:-

On 5 Dec 2011, IJM break down MA100 support level.

Volume of dispose were seen on three consecutive days.

What's next support level?

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

High probably will retest RM5.42, which is MA50 support level.
Subsequent support, RM5.07 level.

If rebound MA100 is immediate resistance level.

Let watch closely.

Technical Analysis Dec 2011: ARMADA (5210)

BUMI ARMADA BERHAD

Observation from Chart:-

ARMADA retest MA20 support level again.

Will it rebound?

Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. No reversal candlestick been formed.
3. Stochastic %K not yet trigger BUY call.

Uncertainty is there.
If break down MA20 support, may look for MA50 support, RM3.67 level.

Let watch closely...

Technical Analysis Dec 2011: DAIMAN (5355)

DAIMAN DEVELOPMENT BHD

Observation from Chart:-

DAIMAN retest RM1.97 resistance level again.

Will it break through RM1.97 level?

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

If able break through, it might retest RM2.00 resistance.
If retrace down, may look for MA20 support, RM1.92 level.

Do watch out First and Final Dividend 12% less 25% tax, which will be ex-date on 5 Dec 2011.

Let watch closely...

Technical Analysis Dec 2011: MYEG (0138)

MY E.G. SERVICES BERHAD

Observation from Chart:-

2 Dec 2011, MYEG successful break through MA100 resistance level.

Will it break through MA200 resistance level?

Other indicator:-
1. MACD moving toward positive region, uptrend sign.
2. MACD bullish crossing.
3. Stochastic %K still on BUY call.

From the buying volume, most probably will retest the MA200 resistance level.
If the bull strong enough, it might break through the resistance as well.

If retrace down, may look for MA100 support, RM0.64 level.
Subsequent support, RM0.615 which is MA50 level.

Let watch closely...

Technical Analysis Dec 2011: ZHULIAN (5131)

ZHULIAN CORPORATION BERHAD

Observation from Chart:

ZHULIAN keep retest RM1.72 resistance level.

Will it break through this strong resistance?

Other indicator:-
1. MACD at positive region, uptrend sign.
2. NO reversal candlestick been formed.
3. Stochastic %K still on BUY call.

High probably it will break through RM1.72 level.
Subsequent resistance would be RM1.74 level.

ZHULIAN dividend payout historical:-



Around end of Jan, ZHULIAN will announce quarter result & declare dividend.
It was giving out quite promising dividend on each quarter since 2009.

Let watch closely...

Technical Analysis Dec 2011: ANNJOO (6556)

ANN JOO RESOURCES BERHAD

Observation from Chart:

As today, 1 Dec 2011 ANNJOO is retest RM1.84 support level.

Will it rebound or break down?

Other indicator:-
1. MACD at negative region, downtrend sign.
2. Reversal candlestick been formed.
3. Stochastic %K trigger BUY call.

High probably it will rebound.
MA50 is immediate resistance level.

Let watch closely...