Technical Analysis June 2014: BJTOTO (1562)

BERJAYA SPORTS TOTO BERHAD 

Observation from Chart:-

BJTOTO succeed breakout MA50 resistance level.

Will it breakout RM3.90 resistance?

Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K still on BUY call itinerary.
Parabolic Stop & Reversal trigger BUY call.

If retrace down, immediate support @ MA50 level.
Subsequent support @ MA20 level.
Strong support @ RM3.80 level.

If succeed breakout RM3.93, higher high is confirm.
Double bottom @ RM3.80 is solid.

Let's watch closely

Technical Analysis June 2014: INSAS (3379)

INSAS BHD (3379)

Observation from Chart:-

INSAS retest MA20 support level & form dogi candlestick.

Will it rebound & retest RM1.33 resistance level?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K on BUY call.
Parabolic Stop & Reversal on BUY call.

Immediate resistance @ RM1.33 level.
Once breakout RM1.33, new high record will be formed.

Immediate support @ MA20 / MA50 level
Subsequent support @ RM1.165 level.

Let's watch closely.

Technical Analysis June 2014: NAIM (5073)

NAIM HOLDINGS BERHAD 

Observation from Chart:-

NAIM forming symmetrical triangle pattern.

How do you think the breakout will happen? Up or down?

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

Immediate resistance @ upper triangle level.
Subsequent resistance @ RM4.30 level.

Immediate support @ MA20 / MA50 level
Subsequent support @ RM3.85 level.

Let's watch closely.

Technical Analysis June 2014: L&G (3174)

LAND & GENERAL BHD (3174) 

Observation from Chart:-

L&G (3174) succeed breakout...

How high will this round go?

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

If retrace down, MA20 /MA50 would be immediate support.
Strong support @ RM0.5
4 level.

Once breakout RM0.61, another new high record been formed.
Higher high & high low, uptrend...

Do watch out reversal sign & take profit.

Let's watch closely.

Technical Analysis June 2014: AIRASIA (5099)

AIRASIA BERHAD 

Observation from Chart:

AIRASIA (5099) retrace down to MA100 support level.

Will it rebound?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K pending trigger BUY call.
Parabolic Stop & Reversal no BUY call.

Immediate resistance @ RM2.55 level.
Subsequent resistance @ RM2.62 level.

Immediate support @ MA50 / MA100 level.
Strong support @ RM2.20 level.

Let's watch closely.

Technical Analysis June 2014: DSONIC (5216)

DATASONIC GROUP BERHAD 

Observation from Chart:-

DSONIC (5216) forming ascending triangle pattern.

Will it break RM1.94 strong resistance level?

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

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

Immediate resistance @ RM1.94 level.
Subsequent resistance @ RM2.42 level.

Let's watch closely.

Technical Analysis June 2014: HAIO (7668)

HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO retest RM2.40 support level & rebound...

Forming uptrend ascending triangle pattern?

Other indicator:-
MACD bullish crossing.
Stochastic %K on BUY call itinerary.

Immediate resistance @ MA20 level.
Subsequent resistance @ RM2.58 level.

Immediate support @ RM2.40 level.
Subsequent support @ RM2.36 level.

HAIO keep on perform Share Buy Back, till today Cumulative net outstanding treasury shares as at to-date is 3.12% of outstanding shares of the listed issuer. Based on pass history, HAIO do distribute treasury shares as bonus issue. How about this round?

Pass history on HAIO dividend.
http://www.hai-o.com.my/dividend.php

Let's watch closely.

Technical Analysis June 2014: INARI (0166)

INARI AMERTRON BERHAD 

Observation from chart:-

INARI been consolidate sideway & forming bolinger band squeeze.

Will it breakout & go higher?

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

If INARI succeed breakout the resistance & it's another new high record, there is no immediate resistance.
If retrace down, immediate support would be MA50 level.
Subsequent support @ RM2.57 level.

Let's watch closely.

Technical Analysis June 2014: MRCB (1651)

MALAYSIAN RESOURCES CORP BHD 

Observation from Chart: 

MRCB succeed breakout RM1.65 resistance?

How high will it go?

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

Immediate resistance @ RM1.80 level.
Subsequent resistance @ RM1.90 level.

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

Let's watch closely.

Technical Analysis June 2014: TAMBUN (5191)

TAMBUN INDAH LAND BERHAD

Observation from Chart:

TAMBUN (5191) forming bolinger band squeeze.

Will it breakout & go higher?

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

Immediate support @ MA20 / MA50 support level.
Subsequent support @ RM1.90 level.

Immediate resistance @ RM2.07 level.
If able breakout, higher high been confirm, uptrend will resume..

Let's watch closely...