Technical Analysis July 2014: L&G (3174)

LAND & GENERAL BHD (3174) 

Observation from Chart:-

L&G (3174) bolinger band squeeze..

How about this round, will it breakout ?

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

If retrace down, MA20 /MA50 would be immediate support.
Strong support @ RM0.54, which is MA100 support level.

Once breakout RM0.585, higher high been formed.
Subsequent resistance would be RM0.61 level.

Let's watch closely.

Technical Analysis July 2014: OLDTOWN (5201)

OLDTOWN BERHAD 

Observation from Chart:-

OLDTOWN break MA20 support level.

How about MA50 support, is that strong for it rebound?

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

Immediate resistance @ RM2.20 level. 
Subsequent resistance @ RM2.28 level.

Immediate support @ RM2.17 support level.
Subsequent support @ RM2.15 level, which is MA50 support level.

At this moment, MA50 is crucial support.

Let's watch closely.

Technical Analysis July 2014: TONGHER (5010)

TONG HERR RESOURCES BHD (5010)

Observation from Chart:-

TONGHER (5010) retest MA100 support & rebound...

How high will it rebound?

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

Immediate support @ MA100 level.
Subsequent support @ RM1.82 level.

Immediate resistance @ RM2.00 level.
Subsequent resistance @ RM2.06 level.

Let's watch closely

Technical Analysis July 2014: HAIO (7668)

HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO forming higher high & higher low.

Seem like it's forming uptrend ascending triangle pattern?

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

Immediate resistance @ RM2.60 level.
Subsequent resistance @ RM2.65 level.

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

HAIO keep on perform Share Buy Back, till today Cumulative net outstanding treasury shares as at to-date is 3.22% 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 July 2014: KUB (6874)

KUB MALAYSIA BERHAD

Observation from Chart:-

KUB 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 able break through upper uptrend resistance, it will kick off another wave of bull run..
If retrace down, RM0,57 will be immediate support.
Subsequent support @ MA20 level.

Let watch closely.

Technical Analysis July 2014: INARI (0166)

INARI AMERTRON BERHAD

Observation from chart:-

INARI forming higher high & higher low.

How high will it go higher?

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

If retrace down, immediate support would be MA20 level.
Subsequent support @ RM2.88 level.

If breakout RM3.15 resistance level, another new high record.

Let's watch closely.

Technical Analysis June 2014: OLDTOWN (5201)

OLDTOWN BERHAD 

Observation from Chart:-

OLDTOWN keep on forming higher high & higher low.
How high will it go?

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

Immediate resistance @ RM2.28 level. 
Subsequent resistance @ RM2.35 level.

Immediate support @ MA20 level which is RM2.18 support level.
Subsequent support @ RM2.08 level.

Let's watch closely.

Technical Analysis June 2014: OSK (5053)

OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) succeed breakout RM.78 resistance.

How high will it go?

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

Due to overbought, it's opportunity if retrace down to RM1.78 support level.
Subsequent support @ RM1.76 level.

Immediate resistance @ RM1.88 level.
Subsequent resistance @ RM1.98 level.

Let's watch closely.

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.