Technical Analysis Aug 2013: MBSB (1171)

MALAYSIA BUILDING SOCIETY BERHAD
Observation from Chart:

MBSB  keep retest RM3.18 resistance.

How about this round? Will it breakout?

Other indicator:-
MACD at moving toward negative region, pending confirmation.
Stochastic %K trigger BUY call.

If breakout RM3.18 resistance, uptrend will be continue.
Immediate resistance @ MA20 / MA50 level.
Immediate support @ ascending triangle level.

Let watch closely...

Technical Analysis Aug 2013: YTLE (0009)

YTL E-SOLUTIONS BHD

Observation from Chart

YTLE (0009) is forming symmetrical triangle.

When will it breakout the strong resistance?

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

Immediate resistance @ upper triangle line.

Immediate support @ lower triangle line.

Let's watch closely for the breakout.

Technical Analysis Aug 2013: TASCO (5140)

TASCO BERHAD

Observation from Chart:- 

TASCO forming higher high & higher low.

Will it retest RM2.32 level?

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

If retrace down, MA20 would be immediate support.
Strong support @ MA100 level.

Immediate resistance would be RM2.32
Let's watch closely.

Technical Analysis Aug 2013: MUDAJAYA (5085)

MUDAJAYA GROUP BERHAD

Observation from Chart:-

MUDAJAYA forming ascending triangle.

Will it break out the resistance?

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

 Although momentum is there, it would be better wait for official break out.

If break up, bull run will kick off.
However, it break down MA20 support, potential facing high selling pressure.

Let's watch closely.

Technical Analysis Aug 2013: PADINI (7052)

PADINI HOLDINGS BHD

Observation from Chart:-

PADINI keep forming lower high & lower low.

Is that rebound soon? Or going lower low again?

Other indicator:-
MACD trade at negative region, downtrend stock.
Stochastic %K trigger SELL call.

Immediate support @ RM1.76 level.
Immediate resistance @ MA20 level.
Subsequent resistance @ RM1.84 level.

Let's watch closely for the breakout.

Technical Analysis Aug 2013: HAPSENG (3034)

HAP SENG CONSOLIDATED BERHAD

Observation from Chart:-

HAPSENG keep forming higher high & higher low.

 How high will it go?

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

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

Immediate support @ MA20 which is around RM2.02 level.
Subsequent support @ RM1.97 level.
It's opportunity if retrace down retest immediate support.
 Let's watch closely.

 

Technical Analysis Aug 2013: SERSOL (0055)

SERSOL BERHAD

Observation from Chart:-

SERSOL succeed breakout RM0.28 on July 19, 2013

As per Aug 12, 2013, the bull run been generated 105% of return.

What's next target?

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

Immediate support @ MA20
Subsequent support @ MA50 which is around RM0.28 level.

Due to extremely overbought, correction & consolidate will be take place soon.
Let's watch closely.

Technical Analysis Aug 2013: KSENG (3476)

KECK SENG (M) BHD

Observation from Chart:-

KSENG succeed breakout Ascending Triangle resistance, RM5.24 level.

What's next target?

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

Immediate support @ RM5.24
Subsequent support @ MA20

It's opportunity to entry while retest support level.
Let's watch closely.

Technical Analysis Aug 2013: DELEUM (5132)

DELEUM BERHAD

Observation from Chart:-

DELEUM retest RM3.82 resistance level again.

How about this round, will it break through & go higher?

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

Immediate resistance @ RM3.82

Immediate support @ MA20

Let watch closely for break out...

Technical Analysis Aug 2013: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO succeed break through RM2.80 resistance level with nice volume.

How high will it go?

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

Immediate resistance @ RM2.88 level.
Subsequent resistance @ RM3.08 level.

Immediate support @ RM2.80
Subsequent support @ MA20 which is RM2.72 level.

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