Technical Analysis May 2014: MPAY (0156)

MANAGEPAY SYSTEMS BERHAD (0156) 

 Observation from Chart:-

MPAY (0156) retest MA100 support level & rebound.

Will it retest RM0.38 resistance level again?

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

Immediate support @ MA100 level.
Subsequent support @ MA200 level.

Immediate resistance @ RM0.32 level.
Subsequent resistance @ RM0.38 level.

Let's watch closely

Technical Analysis May 2014: IHH (5225)

IHH HEALTHCARE BERHAD (5225) 

Observation from Chart:-

IHH (5225) forming higher high & higher low.

How high will it go?

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

Immediate support @ MA200 level.
Subsequent support @ MA20 / MA50 level.

Immediate resistance @ RM4.10 level.
Subsequent resistance @ RM4.20 level.

Let's watch closely.

Technical Analysis Apr 2014: MUDAJYA (5085)

MUDAJAYA GROUP BERHAD 

Observation from Chart:-

MUDAJAYA retrace down from RM2.82 high & retest RM2.59 support level.

Will it rebound from RM2.59 strong support level?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K on SELL call itinerary.

Immediate support @ RM2.59 level.
Subsequent support @ RM2.42 level.

Immediate resistance @ RM2.66 level.
Subsequent resistance @ MA50 / MA200 level.

Let's watch closely.

Technical Analysis Apr 2014: TAMBUN (5191)

TAMBUN INDAH LAND BERHAD 

Observation from Chart:

TAMBUN (5191) forming higher high & high low.

Will it rebound from MA20 support level?

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

Immediate support @ MA20 which is around RM1.98 level.
Subsequent support @ RM1.90 level.

Immediate resistance @ RM2.06 level.
If able breakout, higher high been confirm, uptrend will resume..

Let's watch closely...

Technical Analysis Apr 2014: MPAY (0156)

MANAGEPAY SYSTEMS BERHAD (0156)

Observation from Chart:-  

MPAY (0156) retest RM0.34 resistance level. 

Will it breakout & go higher?

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

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

Immediate resistance @ RM0.34 level.
Once breakout RM0.34 level, higher high been form, potential kick off another wave of bull run.

Let's watch closely

Technical Analysis Apr 2014: DSONIC (5216)

DATASONIC GROUP BERHAD 

Observation from Chart:-

DSONIC (5216) retrace down from RM4.84 high & retest MA100 support level...

Will it rebound from MA100 level?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K still on SELL call.

Immediate support @ MA100 level.
Subsequent support @ MA200 level.

Immediate resistance @ MA50 level.
Subsequent resistance @ MA20 level.

Let's watch closely.

Technical Analysis Apr 2014: MRCB (1651)

MALAYSIAN RESOURCES CORP BHD 

Observation from Chart:

MRCB forming ascending triangle pattern.
Will it breakout RM1.65 resistance?

Other indicator:
MACD trade at positive region, uptrend itinerary
Stochastic %K no BUY call yet..

Immediate resistance @ RM1.65 level.
Subsequent resistance @ RM1.80 level.

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

Let's watch closely.

Technical Analysis Apr 2014: N2N (0108)

N2N CONNECT BHD

Observation from Chart:-

N2N keep on retest RM0.85 resistance level.

Will it breakout this strong resistance?

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

If able breakout RM0.85, higher high is confirmed, the uptrend will resume

If retrace down,
Immediate support @ MA20 level.
Subsequent support @ MA50 level.

Let's watch closely.

Technical Analysis Apr 2014: HAPSENG (3034)

HAP SENG CONSOLIDATED BERHAD 

Observation from Chart:-

HAPSENG succeed breakout bolinger band squeeze.

How high will it go?

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

If able form higher high & higher low, the uptrend will resume

If retrace down,
Immediate support @ RM3.04 level.
Subsequent support @ RM3.00 level.

Let's watch closely.

Technical Analysis Apr 2014: HUAYANG (5062)

HUA YANG BERHAD

Observation from Chart:-

HUAYANG (5062) been trading sideway quite sometimes & formed bolinger band squeeze.

Will it breakout the bolinger band squeeze?

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

Immediate resistance @ RM1.88 level.
Subsequent resistance @ MA100

Immediate support @ MA20 / MA50 level.
Subsequent support @ RM1.75 level.

Let watch closely...