Technical Analysis Dec 2020: Singapore Airlines Ltd (SGX: C6L)

Singapore Airlines Ltd (SGX: C6L)

Observation from chart:- 

SIA (SGX: C6L)  forming triangle pattern.

Will it breakout resistance & go higher? 

Other indicators:- 

MACD trade @ positive region, uptrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate resistance @ triangle resistance level 

Subsequent resistance @ $4.60 level. 

Immediate support @ triangle support level. 

Subsequent support @ $4.11 level. 

Let's watch closely Disclaimer

Technical Analysis Dec 2020: SUPERMX (BURSA: 7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:- 

SUPERMX (7106) forming symmetrical triangle pattern. 

Will it rebound or break support level? 

Other indicator:- 

MACD trade @ negative region, downtrend sign. 

Stochastic %K on SELL call itinerary.

Immediate resistance @ triangle resistance level. 

Subsequent resistance @ RM10.80 level. 

Immediate support @ triangle support level. 

Subsequent support @ RM6.00 level. 

Let's watch closely Disclaimer

Technical Analysis Dec 2020: OPTIMAX (BURSA: 0222)

OPTIMAX HOLDINGS BERHAD

Observation From Chart: 

OPTIMAX (BURSA: 0222) succeed breakout RM0.80 resistance level. 

Will it breakout RM0.83 level as well? 

Other indicator:- 

 MACD trade @ positive region, uptrend sign. 

Stochastic %K @ on BUY call itinerary. 

Immediate support @ RM0.80 level. 

Subsequent support @ RM0.74 level. 

Immediate resistance @ RM0.83 level. 

Subsequent resistance @ RM0.895 level. 

Let's watch closely Disclaimer

Technical Analysis Dec 2020: Sembcorp Marine (SGX: S51)

Sembcorp Marine (SGX: S51) 

Observation from chart:- 

Sembcorp Marine (SGX: S51) forming "U" pattern & consolidate sideway. 

Will it breakout resistance & go higher? 

Other indicator:- 

MACD trade @ positive region, uptrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate resistance @ $0.176 level 

Subsequent resistance @ $0.205 level. 

Immediate support @ $0.161 level.

Subsequent support @ $0.154 level.

 Let's watch closely Disclaimer

Technical Analysis Dec 2020: SOLUTN (Bursa: 0093)

SOLUTION ENGINEERING HOLDINGS BHD 

Observation From Chart: 

SOLUTN (Bursa: 0093) retrace down from RM2.00 level.  

Will it retest FIBO 61.8% level?

Other indicator:- 

MACD trade @ positive region, uptrend sign.

Stochastic %K @ on SELL call itinerary. 

Immediate support @ RM1.27 level. 

Subsequent support @ RM1.05 level. 

Immediate resistance @ RM2.00 level. 

If able breakout RM2.00 level, higher high is confirm.

Let's watch closely Disclaimer

Technical Analysis Dec 2020: ARMADA (BURSA: 5210)

BUMI ARMADA BERHAD 

Observation from Chart:- 

ARMADA rebound from RM0.21 to RM0.385 high. (+RM0.175)

Today formed shooting star candlestick.

Will it retrace down to FIBO 61.8% level? 

Other indicator:- 

MACD moving toward positive region, uptrend sign. 

Stochastic %K on SELL call itinerary.

Immediate support @ RM0.35 level. 

Subsequent support @ RM0.32 level.

Immediate resistance @ RM0.385 level

Subsequent resistance @ RM0.41 level. 

Let's watch closely Disclaimer.

Technical Analysis Dec 2020: ComfortDelGro (SGX: C52)

Comfortdelgro Corporation Ltd 

Observation from chart:- 

ComfortDelGro (C52) ascending triangle pattern? 

Will it breakout the resistance line? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate resistance @ $1.81 level 

Subsequent resistance @ $1.90 level. 

Immediate support @ MA20 level.

Subsequent support @ $1.54 level.

Let's watch closely Disclaimer.

Technical Analysis Dec 2020: COASTAL (BURSA: 5071)

COASTAL CONTRACTS BHD (5071) 

Observation From Chart:- 

COASTAL consolidate sideway since 23 March 2020.

It has been retest 6x strong resistance line but unable breakout.  

How about this round?

Other indicator:- 

MACD at neutral region, sideway trend. 

Stochastic %K on BUY call itinerary. 

Immediate support @ strong support line. 

Subsequent support @ RM0.53 level.

Immediate resistance @ strong resistance line. 

Subsequent resistance @ RM0.77 level. 

Let's watch closely Disclaimer

Technical Analysis Dec 2020: SINGTEL (SGX: Z74)

SINGAPORE TELECOMMUNICATIONS LTD 

Observation from Chart: 

SINGTEL (Z74) retrace down to FIBO 50% level & rebound. 

Will it breakout $2.54 resistance level?

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate support @ $2.27 level. 

Subsequent support @ $2.21 level. 

Immediate resistance @ MA20 level 

Subsequent resistance @ $2.45 level. 

Let's watch closely Disclaimer.

Technical Analysis Dec 2020: LSTEEL (BURSA: 9881)

LEADER STEEL HOLDINGS BERHAD (9881) 

Observation from Chart: 

LSTEEL (BURSA: 9881) succeed breakout bolinger band sequeeze. 

How high will it go? 

Other indicator:- 

MACD trade at positive region, uptrend sign.

Stochastic %K on BUY call. 

Immediate resistance @ RM0.70 level. 

Subsequent resistance @ RM0.73 level. 

Immediate support @ RM0.59 level. 

Subsequent support @ RM0.53 level. 

Let's watch closely Disclaimer.