Technical Analysis Jan 2013: HAPSENG (3034)

HAP SENG CONSOLIDATED BERHAD

Observation from Chart:-

HAPSENG rebound from MA20 support level.

Will it break through RM1.75 strong resistance?

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

High probably will retest RM1.75 level.
If able break through, higher high been formed.

Immediate support @ MA20 level.
Subsequent support @ MA50 level.

If review last 3 quarter result, HAPSENG might declare a handsome dividend while announce Q4 result. Q4 result might be delcare early of Feb 2013.

Let's watch closely.

Technical Analysis Jan 2013: GASMSIA (5209)

GAS MALAYSIA BERHAD

Observation From Chart:-

GASMSIA (5209) succeed break through bolinger band squeeze.

How high will it go?

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

Immediate resistance @ RM2.66 level.
Subsequent resistance @ RM2.70 level.

Immediate support @ MA50 level.
Subsequent support @ MA20 level.

If retrace down, higher low is formed, uptrend is confirm.

Let's watch closely for entry opportunity.

Technical Analysis Jan 2013: YTLPOWR (6742)

YTL POWER INTERNATIONAL BHD

Observation from Chart:-

YTLPOWER retrace down from RM1.67 level, which is MA200 level.

Will it form a reversal @ MA20 support level?

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

Immediate resistance @ RM1.67 level
Immediate support @ MA20 / MA50 level.

It would be an opprtunity, if able form a reversal @ support level.

Let's watch closely.

Technical Analysis Jan 2013: MYEG (0138)

MY E.G. SERVICES BERHAD

Observation from Chart:-

MYEG retest RM0.855 resistance level.

Will it break through & go higher?

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

Immediate resistance would be RM0.855 level.
However, if retrace down, MA20 / MA50 would be immediate support.

Around end of February, MYEG will announce their Q2 result.

Let's watch closely

Technical Analysis Jan 2013: DIALOG (7277)

DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG consolidate within RM2.39 & RM2.45 range.

When will it break through bolinger band squeeze?

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

Immediate resistance @ RM2.45 level.
Immmediate support @ RM2.39 level.

Next month, DIALOG will announce their Q4 result.
If the result is above expectation, high probably will break through & go higher.
If below expectation, it might continue side way or break down the support level.

Let's watch closely.

Technical Analysis Jan 2013: UOADEV (5200)

UOA DEVELOPMENT BHD

Observation from chart:-

UOADEV still unable break through RM1.78 resistance level on 4th attempt.

How about this round, 5th attempt?

Other indicator:-

MACD moving toward positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.

Immediate resistance @ RM1.78 level.
Subsequent resistance @ RM1.82 level.

Immediate support @ MA20 level.
Subsequent support @ RM1.69 level.

According last two attempt, the moment unable break through RM1.78, it will retrace down to MA20 support.

Let's watch closely.

Technical Analysis Jan 2013: TOPGLOVE (7113)

TOP GLOVE CORPORATION BERHAD

Observation from chart:

TOPGLOVE forming ascending triangle pattern.

Will it break through the resistance?

Other indicator:-

MACD trade at positive region, uptrend sign.
Stochastic %K pending trigger BUY call.

High potential it might retest RM5.75 resistance again.
If bull strong enough, this round it will break through & go higher.

If retrace down, it might retest lower triangle support level.

Let's watch closely...

Technical Analysis Jan 2013: BENALEC (5190)

BENALEC HOLDINGS BERHAD

Observation from Chart:-

BENALEC forming ascending triangle pattern?

Will it break through RM1.48 resistance?

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

Immediate resistance RM1.41 level.
Strong resistance @ RM1.48 level.

Immediate support MA20 level.
Subsequent support @ ascending triangle support level.

Let's watch closely.

Technical Analysis Jan 2013: TAMBUN (5191)

TAMBUN INDAH LAND BERHAD

Observation from Chart:

TAMBUN (5191) succeed break through bolinger band squeeze.

It keep going higher high & create new high record, How high will it go?

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

Immediate support @ MA20 which is around RM0.76 level.
Subsequent support @ MA50 which is around RM0.73 level.

It's opportunity if retrace down retest support.

Let's watch closely...

Technical Analysis Jan 2013: UEM LAND (5148)

UEM LAND HOLDINGS BERHAD

Observation from Chart:-

UEMLAND is forming bolinger band squeeze.

When will it break through the resistance?

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

Technically, it require break through RM2.16 resistance level before go higher.
Subsequent resistance @ RM2.25 level

If break down RM2.08 support level, it might encounter high selling pressure.

Let's watch closely.