Technical Analysis Jan 2020: FPI (9172)

FORMOSA PROSONIC INDUSTRIES BERHAD 

Observation from Chart:

FPI (9172) retest strong resistance RM1.68 level.

Will it breakout & go higher?

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

Immediate resistance @ RM1.68 level.
Subsequent resistance @ RM1.75 level.

Immediate support @ RM1.62 level.
Subsequent support @ RM1.53 level.

Let's watch closely.

Technical Analysis Jan 2020: KAREX (5247)

KAREX BERHAD (5247) 

Observation from Chart:

KAREX (5247) retest RM0.515 support level. 

Will it forming "cup & handle" pattern?

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

Immediate resistance @ RM0.58 level.
Subsequent resistance @ RM0.61 level.

Immediate support @ RM0.49 level.
Subsequent support @ RM0.46 level.

Let's watch closely

Technical Analysis Jan 2020: SAPNRG (5218)

SAPURA ENERGY BERHAD 

Observation from Chart:

SAPNRG (5218) forming descending triangle pattern.

Will it breakout strong resistance & go higher ?

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

Immediate resistance @ RM0.275 (descending triangle line)
Subsequent resistance @ RM0.30

Immediate support @ RM0.26 level.
If break this strong support, lower low is confirm, Downtrend may resume.

Let's watch closely for opportunity

Technical Analysis Jan 2020: HAIO (7668)

HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO forming low high & lower low.

How low will it go?

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

Immediate resistance @ RM2.10 level.
Subsequent resistance @ RM2.20 level.

Immediate support @ RM2.00 level.
Subsequent support @ RM1.96 level.

HAI-O dividend policy: minimum dividend payout policy of 50% of net profit.
Upcoming dividend 3sen, however as to date pending announce the details of entitlement and payment dates.

Let's watch closely.

Technical Analysis Dec 2019: OSK (5053)

OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) succeed breakout RM0.98 resistance level.

How high will it go?

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

Immediate resistance @ RM1.07 level
Subsequent resistance @ RM1.10 level.

Immediate support @ RM1.00 level.
Subsequent support @ RM1.03 level.

Let's watch closely.

Technical Analysis Dec 2019: COSCO (F83)

COSCO Shipping International (Singapore)

Observation from chart:

COSCO retest SGD0.33 resistance level

Will it breakout & retest next resistance, SGD0.38 ?

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

Immediate resistance @ SGD0.33 level.
Subsequent resistance @ SGD0.38 level.

Immediate support @ SGD0.30 level.
Subsequent support @ SGD0.265 level.

Let's watch closely

Technical Analysis Dec 2019: YZJ (BS6)

Yangzijiang Shipbuilding Holdings Ltd

Observation from Chart:

YZJ Shipbldg (BS6) succeed breakout ascending triangle resistance level, SGD1.13

Will it retest SGD1.35 resistance level?

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

Immediate resistance @ SGD1.35 level.
Subsequent resistance @ SGD1.46 level.

Immediate support @ SGD1.13 level.
Subsequent support @ SGD1.07 level.

Let's watch closely

Technical Analysis Dec 2019: KAREX (5247)

KAREX BERHAD (5247) 

Observation from Chart:

KAREX (5247) succeed breakout RM0.52 resistance level.

Will it forming "W" pattern?

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

Immediate resistance @ RM0.58 level.
Subsequent resistance @ RM0.61 level.

Immediate support @ RM0.52 level.
Subsequent support @ RM0.49 level.

Let's watch closely

Technical Analysis Dec 2019: ECOWLD (8206)

ECO WORLD DEVELOPMENT GROUP BERHAD (8206) 

Observation From Chart:-

ECOWLD succeed breakout bolinger band squeeze.

How high will it go ?

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

Immediate resistance @ RM0.78 level.
Subsequent resistance @ RM0.81 level.

Immediate support @ RM0.72 level
Subsequent support @ RM0.70 level.

Let's watch closely

Technical Analysis Dec 2019: FGV (5222)

FELDA GLOBAL VENTURES HLDG BHD 

Observation From Chart:

FGV forming higher high & higher low.

How high will it go?

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

Immediate resistance @ RM1.45 level.
Subsequent resistance @ RM1.55 level.

Immediate support @ RM1.34 level.
Subsequent support @ RM1.25 level.

Let's watch closely