Technical Analysis May 2014: DIGI (6947)

DIGI.COM BHD 

Observation from Chart:-

DIGI forming higher high & higher low.

Will it rebound from MA50 support level?

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

Immediate support @ MA50 level.
Subsequent support @ RM5.17 level.

Immediate resistance @ MA20 level.
Subsequent resistance @ RM5.65 level.

 Let's watch closely.

Technical Analysis May 2014: SKPETRO (5218)

SapuraKencana Petroleum Berhad (5218)

 Observation from Chart: 

SKPETRO (5218).break strong support level, MA200.

How low will it go?

Other indicator:- 
MACD trade at negative region, downtrend sign. 
Stochastic %K already reach oversold stage.

It might need consolidation before able rebound. 
Do need to watch out lower high & lower low for the another wave of downtrend.

Immediate support @ RM4.00 level.
Subsequent support @ RM3.85 level.

Immediate resistance @ MA200 level.
Subsequent resistance @ MA20 level.

Let's watch closely.

Technical Analysis May 2014: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX rebound from RM2.27 support level.

How high will it go rebound?

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

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

Immediate support @ RM2.27 level.
Subsequent support @ RM2.20 level.

Let watch closely ...

Technical Analysis May 2014: IRIS (0010)

IRIS CORPORATION BHD 

Observation from Chart:-

IRIS (0010) is forming lower high & lower low...

Will it rebound from RM0.41 support level?

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

Immediate support @ RM0.41 level.
Subsequent support @ MA200 which is around RM0.36 level.

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

Let watch closely.

Technical Analysis May 2014: TM (4863)

TELEKOM MALAYSIA BERHAD  

 Observation From Chart:-

TM 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.

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

Let's watch closely.

Technical Analysis May 2014: INARI (0166)

INARI AMERTRON BERHAD

Observation from chart:-

INARI retest RM2.87 strong historical resistance level.

Will it breakout & go higher?

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

If INARI succeed breakout the resistance & it's another new high record, there is no immediate resistance.
If retrace down, immediate support would be MA20 level.
Subsequent support @ MA50 level.

Upcoming Q3 result will be announce soon.
If above expectation, high possibility breakout & go higher.
If below expectation, it might be retrace trace & retest support.

Let's watch closely.

Technical Analysis May 2014: TONGHER (5010)

TONG HERR RESOURCES BHD (5010)

Observation from Chart:-

TONGHER (5010) forming ascending triangle...

Will it break out RM2.06 resistance level?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K already on BUY call.
Parabolic Stop & Reversal turned GREEN color.

Immediate support @ MA20 level.
Subsequent support MA50 level.

Immediate resistance @ RM2.06 level.
Once break this resistance, higher high been form.

Let's watch closely

Technical Analysis May 2014: GADANG (9261)

GADANG HOLDINGS BHD (9261)

Observation from Chart:-

GADANG (9261) retest MA20 support level & rebound. 

Will it retest RM1.95 resistance level again?

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 @ RM1.95 level.
Once break this resistance, higher high been form.

Let's watch closely
.

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.