Sunday, July 9, 2017

Technical Analysis July 2017: SENDAI (5205)


EVERSENDAI CORPORATION BERHAD 

Observation from Chart:

SENDAI (5205) forming higher high & higher low.

Will it retest uptrend resistance level?

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

Immediate resistance @ RM1.39 level.
Subsequent resistance @ RM1.50 level.

Immediate support @ RM1.12 level.
Subsequent support @ RM1.03 level.

Let's watch closely.

Friday, July 7, 2017

Technical Analysis July 2017: MPAY (0156)



MANAGEPAY SYSTEMS BERHAD (0156) 

Observation from Chart:-

MPAY (0156) succeed breakout downtrend resistance level.

How high will it go?

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

Immediate support @ RM0.22 level.
Subsequent support @ RM0.20 level.

Immediate resistance @ RM0.25 level.
Subsequent resistance @ RM0.265 level.

Let's watch closely

Technical Analysis July 2017: MIKROMB (0112)



MIKRO MSC BERHAD 

Observation from Chart:

MIKROMB (0112) keep on trading higher high, from RM0.485 to RM0.81 (+67%)

How high will it go?

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

No immediate resistance.

Immediate support @ RM0.77 level.
Subsequent support @ RM0.72 level.

Let's watch closely.

Technical Analysis July 2017: DNEX (4456)



DAGANG NEXCHANGE BERHAD 

Observation from Chart:-

DNEX (4456) forming symmetrical triangle pattern.

Will it breakout resistance or support level?

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

Immediate resistance @ RM0.615 level.
Subsequent resistance @ RM0.64 level.

Immediate support @ RM0.58 level.
Subsequent support @ RM0.545 level.

Let's watch closely.

Technical Analysis July 2017: MAXIS (6012)



MAXIS BERHAD 

Observation from Chart:-

MAXIS retrace down from RM6.59 to RM5.49 level. (-16.7%)

Will it rebound?

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

Immediate support @ RM5.50 level.
Subsequent support @ RM5.38 level.

Immediate resistance @ RM5.65 level.
Subsequent resistance @ RM5.88 level.

Let's watch closely...

Wednesday, July 5, 2017

Technical Analysis July 2017: HARTA (5168)


HARTALEGA HOLDINGS BERHAD 

Observation from Chart:

HARTA (5168) bull run from RM5.00 to RM7.39 (+47.7%).

Will it consolidate sideway before go higher?

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

Immediate support @ RM7.00 level.
Subsequent support @ RM6.70 level.

Immediate resistance @ RM7.39 level
If breakout RM7.39 level, higher high is confirmed. Uptrend will resume.

Let's watch closely.

Tuesday, July 4, 2017

Technical Analysis July 2017: IFCAMSC (0023)


IFCA MSC BHD (0023) 

Observation from Chart:

IFCAMSC (0023) succeed breakout downtrend resistance level?

How high will it go?

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

Immediate resistance @ RM0.41 level.
Subsequent resistance @ RM0.465 level.

Immediate support @ RM0.33 level.
Subsequent support @ RM0.315 level.

Let's watch closely.

Technical Analysis July 2017: GADANG (9261)


GADANG HOLDINGS BHD (9261) 

Observation from Chart:-

GADANG (9261) succeed breakout bolinger band squeeze.

How high will it go?

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

Immediate support @ RM1.34 level.
Subsequent support @ RM1.30 level.

No immediate resistance.

Let's watch closely

Technical Analysis July 2017: FRONTKN (0128)


FRONTKEN CORPORATION BERHAD 

Observation from Chart:-

FRONTKN (0128) forming higher high & higher low

How high will it go?

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

No immediate resistance.

Immediate support @ RM0.32 level.
Subsequent support @ RM0.295 level.

Based on last few round, breakout resistance with huge volume, FRONTKN will consolidate sideway retest the support before go higher high.

Let's watch closely.

Monday, July 3, 2017

Technical Analysis July 2017: OCR (7071)


O & C RESOURCES BERHAD 

Observation from Chart:-

OCR (7071) forming symmetrical triangle pattern.

Will it breakout resistance level & go higher?

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

Immediate support @ RM0.595 level.
Subsequent support @ RM0.545 level.

Immediate resistance @ RM0.655 level
Subsequent resistance @ RM0.68 level.

Let's watch closely.