Saturday, November 21, 2015

Technical Analysis Nov 2015: YTL (4677)


YTL CORPORATION BERHAD 

Observation from Chart:-

YTL is heading retest RM1.46 support level.

Will it rebound?

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

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

Immediate support @ RM1.46.
Subsequent support @ RM1.42

Let's watch closely.

Tuesday, November 10, 2015

Technical Analysis Nov 2015: IRIS (0010)


IRIS CORPORATION BHD 

Observation from Chart:-

IRIS (0010) is forming ascending triangle pattern...

Will it breakout RM0.26 resistance level?

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

Immediate resistance @ RM0.26 level.
Subsequent resistance @ RM0.29 level.

Immediate support @ RM0.225 level.
Subsequent support @ RM0.195 level.

Let's watch closely for breakout.

Technical Analysis Nov 2015: JCY (5161)

JCY INTERNATIONAL BERHAD 

Observation from Chart:-

JCY forming higher high & higher low.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K overbought stage.

1st resistance @ RM0.96 level.
2nd resistance @ RM1.00 level.

1st support @ RM0.78 level.
2nd support @  RM0.72 level.

Let's watch closely...

Sunday, November 8, 2015

Technical Analysis Nov 2015: MITRA (9571)

MITRAJAYA HOLDINGS BERHAD 

Observation From Chart:

MITRA retest MA20 support level.

How about this round, will it rebound?

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

Immediate resistance @ RM1.30 level.
Immediate support @ RM1.19 level.
Subsequent support RM1.09 level.

Once breakout RM1.30 resistance, higher high is confirm. Uptrend will resume.

Let watch closely.

Saturday, November 7, 2015

Technical Analysis Nov 2015: WILLOW (0008)

WILLOWGLEN MSC BHD 

Observation from Chart:

WILLOW (0008) rebound from the support level.

How high will this round rebound go?

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

Immediate resistance @ RM0.795 which is MA100 level.
Subsequent resistance @ RM0.815 which is MA200 level.

Immediate support @ RM0.76 level.
Subsequent support @ RM0.75 which is MA20 level.

Let's watch closely.

Sunday, November 1, 2015

Technical Analysis Nov 2015: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX forming flag pattern?.

Will it breakout the resistance?

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

Immediate resistance @ descending triangle level.
Subsequent resistance @ RM2.35 level.

Immediate support @ RM2.20 level.
Subsequent support @ RM2.13 level.

Let's watch closely for breakout...

Monday, October 26, 2015

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
.

Sunday, October 25, 2015

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.

Sunday, October 11, 2015

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...