Technical Analysis Oct 2015: GENTING (3182)

GENTING BERHAD

Observation from Chart:-

GENTING is forming symmetrical triangle pattern

Will it breakout the resistance level ? Or support level?

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

If breakout the resistance, immediate resistance @ RM7.70 which is around MA100 level.
Next resistance would be RM7.90 level.

If break down, immediate support @ MA20
Next support would be MA50 level.

Let's watch closely for breakout
.

Technical Analysis Oct 2015: MRCB (1651)

MALAYSIAN RESOURCES CORP BHD 

Observation from Chart:

MRCB forming hgher high & higher low.

How high will it go?

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

Immediate resistance @ RM1.30 level.
Subsequent resistance @ RM1.35 level.

Immediate support @ MA200 which is around RM1.20 level.
Subsequent support @ RM1.14 level.

High possibility will retrace down retest support level before next wave.

Let's watch closely.

Technical Analysis Oct 2015: UEMS (5148)

UEM SUNRISE BERHAD

Observation from Chart:-

UEMS open high & close @ RM1.27 resistance level.

Is that "fake" breakout?

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

Immediate support @ RM1.20 level.
Subsequent support @ RM1.14 level.

Immediate resistance @ RM1.27 level.
Subsequent resistance @ RM1.42 level.

Let's watch closely for "real" breakout.

Technical Analysis Oct 2015: SCOMI (7158)

SCOMI GROUP BERHAD 

Observation from Chart:-

SCOMI retest RM0.21 resistance level.

How about this round, will it breakout & go higher?

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

Immediate resistance @ RM0.21 level
Subsequent resistance @ RM0.22 level

If retrace down or consolidate side way, immediate support @ ascending triangle level.

Let watch closely...

Technical Analysis Sept 2015: MHB (5186)

MALAYSIA MARINE AND HEAVY ENGINEERING HOLDINGS BERHAD 

Observation from Chart:-

MHB rebound from RM0.90 to RM1.24 level.

Will it retrace down retest support level & go 2nd wave?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K @ overbought stage, pending SELL call.

Immediate support @ RM1.15 level which is MA100 level.
Subsequent support @ RM1.06 level which is MA50 level.

Immediate resistance @ RM1.18 level
Subsequent resistance @ RM1.28 which is MA200 level.

Due to overbought, high possibility will retrace down (or side way consolidate) before 2nd wave uptrend.

Let watch closely.

Technical Analysis Sept 2015: MRCB (1651)

MALAYSIAN RESOURCES CORP BHD 

Observation from Chart:

MRCB succeed breakout downtrend resistance

How high will it go?

Other indicator:
MACD moving toward positive region, uptrend itinerary
Stochastic %K overbought stage.

Immediate resistance @ RM1.15 level.
Subsequent resistance @ RM1.19 level.

Immediate support @ RM1.07 level.
Subsequent support @ RM1.06 level.

High possibility will retrace down retest support level.
Let's watch closely.

Technical Analysis Sept 2015: GASMSIA (5209)

GAS MALAYSIA BERHAD 

Observation From Chart:-

GASMSIA (5209) consolidate sideway RM1.91 & RM2.16

When will it breakout the bolinger band squeeze? 

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

Immediate resistance @ RM2.16 level.
Subsequent resistance @ RM2.50 level.

Immediate support @ RM2.00 level.
Subsequent support @ RM1.91 level.

Let's watch closely for entry opportunity.

Technical Analysis Sept 2015: GTRONIC (7022)

GLOBETRONICS TECHNOLOGY BHD 

Observation from chart:-

GTRONIC is forming symmetrical triangle pattern?

Will it breakout the resistance & go higher?

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

Immediate resistance would be RM5.99 level which is MA100.
Subsequent resistance @ RM6.24 level.

If retrace down, immediate support @ RM5.75 level.
Subsequent support @ RM5.50 level.

Let's watch closely.

Technical Analysis Sept 2015: PERISAI (0047)

PERISAI PETROLEUM TEKNOLOGI BHD 

Observation from Chart:-

PERISAI (0047) forming lower high &lower low

Will it breakout the downtrend resistance level?

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

If able breakout downtrend resistance, it might nice.
Immediate support @ RM0.29 level.
Subsequent support @ RM0.24 level.

Immediate resistance @ RM0.32 level.
Subsequent resistance @ RM0.35 level.

Let's watch closely.

Technical Analysis Sept 2015: OSK (5053)

OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) is forming lower high & lower low

How about this round, will it form double bottom @ RM1.575 level?

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

Immediate support @ RM1.575 level.
Subsequent support @ RM1.54 level.

Immediate resistance @ RM1.66 level
Subsequent resistance @ RM1.78 level.

Let's watch closely.