Technical Analysis Dec 2018: INARI (0166)

INARI AMERTRON BERHAD 

Observation from chart:-

INARI trading between RM2.54 & RM1.59 range.

Will it rebound & retest RM2.54 resistance level?

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

Immediate support @ RM1.59 level.
Subsequent support @ RM1.55 level.

Immediate resistance @ RM1.76 level.
Subsequent resistance @ RM1.96 level.

Let's watch closely.

Technical Analysis Dec 2018: GENM (4715)

GENTING MALAYSIA BERHAD 

Observation from Chart:

GENM retrace down from RM5.30 resistance level.

Will it form technical rebound @ RM2.00 psychology level ?

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

Immediate support @ RM2.50 level.
Subsequent support @ RM2.00 psychology level.

Immediate resistance @ RM3.00 psychology level.
Subsequent resistance @ RM3.03 level.

1st gap down: Budget 2019 announced
Annual gaming licence fee for casinos to be raised from RM120m to RM150m; gaming tax on casinos to be raised to 35% of GGR

Gaming machine dealer's licence to be raised from RM10,000 to RM50,000 per year; tax on gaming machines also up from 20% to 30% of gross collection

Source: http://www.theedgemarkets.com/

2nd gap down: Fox, Disney Get Sued for Backing Out of Theme Park Deal
Source: https://www.bloomberg.com/

30 Nov 2018: Genting Malaysia suffers largest ever quarterly loss of RM1.49 billion and RM1.8 billion impairment
Source: http://www.theedgemarkets.com/

How will market re-act? Will it form 3rd gap down?

Let's watch closely for opportunity.

Technical Analysis Nov 2018: AEMULUS (0181)

AEMULUS HOLDINGS BERHAD

Observation from Chart:-

AEMULUS (0181) forming descending triangle pattern.

Will it breakout strong resistance?

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

Immediate support @ RM0.285 level.
Subsequent suport @ RM0.26 level.

Immediate resistance @ RM0.36 level.
Subsequent resistance @ RM0.38 level.

Let's watch closely.

Technical Analysis Nov 2018: UNISEM (5005)

UNISEM (M) BERHAD 

Observation from Chart:-

UNISEM succeed breakout RM3.15 resistance level.

How high will it go?

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

Immediate resistance @ RM3.30 level.
Subsequent resistance@ RM3.66 level.

Immediate support @  RM3.15 level.
Subsequent support @ RM3.05 level.

Let's watch closely.

Technical Analysis Nov 2018: PIE (7095)

P.I.E. INDUSTRIAL BERHAD 

Observation From Chart: 

PIE (7095) forming ascending triangle.

Will it breakout & go higher?

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

Immediate resistance @ RM1.70 level.
Subsequent resistance @ RM1.78 level.

Immediate support @ RM1.52 level.
Subsequent support @ RM1.45 level.

Let's watch closely.

Technical Analysis Nov 2018: TATGIAP (5178)

TATT GIAP GROUP BERHAD

Observation From Chart:

TATGIAP (5178) succeed breakout RM0.21 resistance level.

How high will it go?

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

Immediate resistance @ RM0.25 level.
Subsequent resistance @ RM0.275 level.

Immediate support @ RM0.21 level.
Subsequent support @ RM0.185 level.

Let's watch closely.

Technical Analysis Nov 2018: HAIO (7668)

HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO forming lower high & lower low.

Will it form strong rebound soon?

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

Immediate resistance @ RM3.60 level.
Subsequent resistance @ RM3.70 level.

Immediate support @ RM3.30 level.
Subsequent support @ RM3.21 level.

Let's watch closely.

Technical Analysis Nov 2018: D&O (7204)

D&O GREEN TECHNOLOGIES BERHAD 

Observation from Chart:-

D&O (7204) trade above uptrend support level.

Will it breakout RM1.00 psychology resistance level?

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

Immediate support @ RM0.82 level.
Subsequent support @ RM0.735 level.

Immediate resistance @ RM0.93 level.
Subsequent resistance @ RM1.00 level.

Let's watch closely.

Technical Analysis Nov 2018: DIGI (6947)

DIGI.COM BERHAD 

Observation from Chart:-

DIGI (6947) consolidate sideway.

Will it breakout the downtrend resistance level?

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

Immediate support @ RM4.00 level.
Subsequent support @ RM3.94 level.

Immediate resistance @ RM4.50 level.
Subsequent resistance @ RM4.68 level.

Let's watch closely.

Technical Analysis Nov 2018: NGGB (7241)

NEXTGREEN GLOBAL BERHAD 

Observation from chart:-

NGGB (7241) forming higher high & higher low.

It have breakout the higher high resistance as well.

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

Immediate support @ RM0.545 level.
Subsequent support @ RM0.50 level.

Immediate resistance @ RM0.605 level.
Subsequent resistance @ RM0.62 level.

 Let's watch closely.