Technical Analysis July 2015: SUNZEN (0148)

SUNZEN BIOTECH BHD (0148)

Observation from Chart:-

SUNZEN (0148) retest MA20 support level.

Will it rebound?

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

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

Immediate resistance @ RM0.54 level
If able breakout & go higher, it will be another wave of bull run.

Let's watch closely.

Technical Analysis July 2015: OSK (5053)

OSK HOLDINGS BERHAD

Observation from Chart:-

OSK (5053) is forming bolinger band squeeze.

How about this round, will it succeed breakout RM2.26 level?

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

Immediate support @ MA20/ MA50 support level, around RM2.15 level.
Subsequent support @ RM2.10 level.

Immediate resistance @ RM2.26 level
Subsequent resistance @ RM2.30 level.

Do watch closely on the progress of
PROPOSED OSK PROPERTY ACQUISITION, PJ DEVELOPMENT ACQUISITION, OSK PROPERTY OFFER, PJ DEVELOPMENT OFFER, BONUS ISSUE OF WARRANTS, SPECIAL CASH DIVIDEND
once it finalize, high probably breakout the bolinger band squeeze.
Pls refer BursaMalaysia website for official announcement.

Let's watch closely.

Technical Analysis July 2015: JCY (5161)

JCY INTERNATIONAL BERHAD 

Observation from Chart:-

JCY forming descending triangle, retest strong support RM0.69 level.

Will it breakout the resistance?

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

If breakout the triangle resistance, it might be reversal trend
1st resistance, RM0.72
2nd resistance, RM0.75

If break strong support level, it might face selling pressure
next support @ RM0.65 level.

Let's watch closely...

Technical Analysis June 2015: 3A (0012)

Three-A Resources Berhad (3A) 

Observation From Chart:

3A break retest RM1.12 resistance level again.

Will it succeed breakout & go higher?

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

Immediate resistance @ RM1.12
Subsequent resistance @ RM1.18 level.

Immediate support @ RM1.04 level.
Subsequent support @ MA20, which is RM1 level.

Let's watch closely.

Technical Analysis June 2015: GASMSIA (5209)

GAS MALAYSIA BERHAD 

Observation From Chart:-

GASMSIA (5209) retest RM2.50 support level again.

How about this round, will it rebound?

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

Immediate resistance @ RM2.60 level.
Subsequent resistance @ RM2.70 level.

Immediate support @ RM2.50 level.
Subsequent support @ RM2.40 level.

If break RM2.50 support level, lower low is formed, downtrend is confirm.

Let's watch closely for entry opportunity.

Technical Analysis June 2015: IFCAMSC (0023)

IFCA MSC BHD (0023) 

Observation from Chart:

IFCAMSC (0023) retrace down from RM1.87 level.

How low will it go?

Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K on oversold stage, pending buy call.

Immediate resistance @ MA100, which is around RM1.35 level.
Subsequent resistance @ MA20/ MA50, which is around RM1.50 level.

Immediate support @ MA200, which is RM1.00 level.
Subsequent support @ RM0.89 level.

Due to oversold, most likely will technical rebound soon.

Let's watch closely.

Technical Analysis June 2015: SENDAI (5205)

EVERSENDAI CORPORATION BERHAD 

Observation from Chart:

SENDAI (5205) retest RM0.83 resistance level.

How about this round? Will it breakout & go higher?

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

Immediate resistance @ RM0.83 level.
Subsequent resistance @ RM0.88 level.

Immediate support @ RM0.78 level.
Subsequent support @ MA20 / MA50 level.

If able break up RM0.83, it's good opportunity.

Let's watch closely.

Technical Analysis June 2015: PERDANA (7108)

PERDANA PETROLEUM BERHAD (7108)

Observation from Chart:

PERDANA (7108) forming bolinger band squeeze.

When will it breakout the band?

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

Immediate resistance @ RM1.54 level.
Subsequent resistance @ RM1.64 level.

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

If able break up the squeeze, it's good opportunity.

Let's watch closely.

Technical Analysis June 2015: WILLOW (0008)

WILLOWGLEN MSC BHD 

Observation from Chart:

WILLOW (0008) retest RM0.95 resistance level again.

How about this round, will it breakout the resistance ?

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

Immediate resistance @ RM0.95 level.
Immediate support @ MA20/MA50 level.
Subsequent support @ MA100/MA200 level.

If able breakout RM0.95 resistance, another new high record been confirm & bull run might be resume.

Let's watch closely.

Technical Analysis June 2015: YTL (4677)

YTL CORPORATION BERHAD 

Observation from Chart:-

YTL is forming descending triangle pattern.

Will it rebound @ RM1.54 strong support level?

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

Immediate resistance @ MA20 level.
Subsequent resistance @ descending triangle level.

Immediate support @ RM1.57.
Subsequent support @ RM1.54

Let's watch closely.