Technical Analysis Aug 2020: KOSSAN (7153)

 

KOSSAN RUBBER INDUSTRIES BERHAD 

Observation From Chart:- 

KOSSAN (7153) strong rebound from MA50 support level 

Will it retest RM19.50 level ? 

Other indicator:- 

MACD trade @ positive region, uptrend sign. 

Stochastic %K on BUY call. 

Immediate resistance @ RM17.00 level. 

Subsequent resistance @ RM19.50 level. 

Immediate support @ RM14.50 level. 

Subsequent support @ MA50 level. 

Let's watch closely

Technical Analysis Aug 2020: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:- 

SUPERMX (7106) retrace down from RM24.44 high. 

Will it consolidate sideway between RM15.60 to RM19.47 ? 

Other indicator:- 

MACD trade @ positive region, uptrend sign. 

Stochastic %K pending trigger BUY call. 

Immediate resistance @ RM19.47 level. 

Subsequent resistance @ RM24.44 level. 

Immediate support @ RM15.60 level. 

Subsequent support @ RM14.50 level. 

Let's watch closely

Technical Analysis Aug 2020: GPACKET (0082)

 

GREEN PACKET BERHAD 

Observation from Chart:- 

GPACKET (0082) rebound from RM0.50 support level. 

How high will it rebound? 

Other indicator:- 

MACD moving toward positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ RM0.50 level. 

Subsequent support @ RM0.41 level. 

Immediate resistance @ RM0.93 level. 

Subsequent resistance @ RM1.50 level. 

Let's watch closely.

Technical Analysis Aug 2020: SCGM (7247)

SCGM BHD 

Observation from Chart:- 

SCGM (7247) consolidate between RM3.26 & RM2.73 range. 

Will it rebound @ MA20 support level? Or retest MA50 support level ?

Other indicator:- 

MACD trade @ positive region, uptrend sign. 

Stochastic %K on SELL call itinerary.

Immediate resistance @ RM3.26 level. 

Subsequent resistance @ RM3.94 level. 

Immediate support @ MA20 level, around RM3.00

Subsequent support @ RM2.73 level.

3rd support @ MA50 level, around RM2.35

Let's watch closely.

Technical Analysis Aug 2020: NOTION (0083)

 

NOTION VTEC BERHAD 

Observation from Chart:- 

NOTION (0083) consolidate between RM1.03 & RM1.28 range.

How long will consolidate? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate resistance @ RM1.28 level. 

Subsequent resistance @ RM1.48 level. 

Immediate support @ RM1.03 level.

Subsequent support @ RM0.90 level. 

Let's watch closely.

Technical Analysis Aug 2020: MEDTECS INTL (SGX: 546)

 

MEDTECS INTERNATIONAL CORP LTD 

Observation From Chart:- 

MEDTECS INTL (546) forming "doji" at $1.67 level. 

Will it consolidate site way? Retrace down to support level? 

Other indicator:- 

MACD trading at positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate resistance@ $1.67 level, 

If able breakout $1.67 resistance level, higher high is confirm. Uptrend will resume. 

If retrace down, Immediate support @ $1.34 level. 

Subsequent support @ $1.07 level. 

Let's watch closely.

Technical Analysis Aug 2020: FINTEC (0150)

 

FINTEC GLOBAL BERHAD 

Observation from Chart:- 

FINTEC (0150) retest MA20 support level. 

Will it rebound ? 

Other indicator:- 

MACD trade at positive region, uptrend stock. 

Stochastic %K @ on SELL call itinerary. 

Immediate support @ RM0.11 level. 

Subsequent support @ RM0.10 level 

Immediate resistance @ RM0.135 level. 

Subsequent resistance @ RM0.16 level. 

Let's watch closely.

Technical Analysis Aug 2020: Y Ventures (1F1)

Y Ventures Group Limited (1F1) 

Observation from chart:- 

Y Ventures (1F1) break uptrend support level.

Will it facing selling pressure? 

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

Immediate resistance @ $0.103 level 
Subsequent resistance @ $0.116 level. 

Immediate support @ $0.093 level. 
Subsequent support @$0.076

Let's watch closely for opportunity.

Technical Analysis Aug 2020: ComfortDelGro (SGX: C52)

Comfortdelgro Corporation Ltd 

Observation from chart:- 

ComfortDelGro (C52) forming triple bottom?

 

How high will it rebound? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

 Stochastic %K on BUY call itinerary. 

Immediate resistance @ $1.50 level 

Subsequent resistance @ $1.65 level.

Immediate support @ $1.33 level. 

If break this support, lower low is confirm. Downtrend will resume.

Let's watch closely for opportunity.

Technical Analysis Aug 2020: UG Healthcare (SGX: 41A)

UG Healthcare Corp Ltd 

Observation from chart:- 

UG Healthcare (41A) forming higher high & higher low.

How high will it go? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K at overbought stage. 

Immediate resistance @ $3.42 level 

If able breakout, higher high is confirm. Uptrend will resume. 

Immediate support @ $2.75 level. 

Subsequent support @ $2.56 level. 

Let's watch closely for opportunity.