Sunday, June 2, 2013

Technical Analysis June 2013: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX succeed break through descending triangle.

How high will it go?

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

Immediate resistance @ RM2.10 level.
Subsequent resistance @ RM2.20 level.

Immediate support @ MA20 / MA50 level.
Subsequent support @ MA100 level.

Let's watch closely

Tuesday, May 21, 2013

Technical Analysis May 2013: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO succeed break through RM2.45 resistance level with huge volume.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K @ overbought stage.

Immediate resistance @ RM2.62 level.
Subsequent resistance @ RM2.67 level.

Immediate support @ RM2.45
Subsequent support @ MA20 / MA50 level.

It's an entry opportunity if retrace down retest support level.
Let's watch closely.

Monday, May 13, 2013

Technical Analysis May 2013: COASTAL (5071)

COASTAL CONTRACTS BHD (5071)

Observation From Chart:-

COASTAL hugging bolinger upper band go higher high & formed shooting star.

Will it retrace down?

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

Immediate support @ RM2.16 level.
Subsequent support @ RM2.09 level.

Due to overbought stage, high probably it will retrace down, retest support level.
It's an entry opportunity after correction completed.

Let's watch closely

Thursday, April 25, 2013

Technical Analysis Apr 2013: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX succeed break through descending triangle.

How high will it go?

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

If able break through RM2.14 level, higher high been formed.

Immediate support @ RM2.00 which is MA200 / MA20 level.
Subsequent support @ RM1.95 which is MA100 level.


Let's watch closely

Wednesday, April 17, 2013

Technical Analysis Apr 2013: UEM LAND (5148)

UEM LAND HOLDINGS BERHAD

Observation from Chart:-

UEMLAND keep forming higher high & higher low.

What's the next high?

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

If retrace down, MA20 would be immediate support.
Subsequent support @ RM2.60 level.

Once break through RM2.90, another new high record been formed, we may drive through the trend.
Do watch out reversal sign & take profit.

Let's watch closely.

Sunday, April 14, 2013

Technical Analysis Apr 2013: DIGI (6947)

DIGI.COM BHD

Observation from Chart:-

DIGI consolidate side way & retest RM4.72 resistance level.

Will it break through?

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

If retrace down, MA50 would be immediate support.
Subsequent support @ MA20 level.

Immediate resistance @ RM4.72 level.
Subsequent resistance @ MA200 / MA100 level.

Let's watch closely.

Monday, March 4, 2013

Technical Analysis Mar 2013: UEM LAND (5148)

UEM LAND HOLDINGS BERHAD

Observation from Chart:-

UEMLAND succeed break through RM2.30 strong resistance level.

How high will it go?

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

If retrace down, RM2.30 would be immediate support.
Subsequent support @ MA20 / MA50 level.

Once higher high & higher low been formed, we may drive through the trend.

Let's watch closely.

Sunday, March 3, 2013

Technical Analysis Mar 2013: DIGI (6947)

DIGI.COM BERHAD

Observation from chart:-

DIGI forming ascending triangle pattern.

Will it rebound @ RM4.54 strong support?

Other indicator:-
MACD trade at negaitive region, downtrend sign.
Stochastic %K at oversold stage, pending trigger buy call.

High probably it might keep consolidate @ RM4.54 support.

Immediate resistance @ upper descending triangle line.
Subsequent resistance @ MA20 level.

If high selling pressure, might be break down further.

Let's watch closely.

Wednesday, February 13, 2013

Technical Analysis Feb 2013: BIMB (5258)

BIMB HOLDINGS BERHAD

Observation From Chart:-

BIMB succeed break through symmetrical triangle ?

What's the next support?

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

Immediate support is MA20 / MA100 level, which is RM3.00 level.
Subsequent support is MA50 level, which is RM2.94 level.

Immediate resistance, RM3.10 level.
Subsequent resistance, RM3.24 level.

Let watch closely for entry opportunity.

Sunday, February 3, 2013

Technical Analysis Feb 2013: DIALOG (7277)

DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG break down MA200 support level.

How low will it go?

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

Immediate resistance @ MA200 level.
Immmediate support @ RM2.28 level.

DIALOG will announce their Q4 result soon.
If the result is above expectation, high probably will rebound.
If below expectation, it might facing high selling pressure.

Let's watch closely.