Technical Analysis Feb 2012: GENM (4715)

GENTING MALAYSIA BERHAD

Observation from Chart:

31 Jan 2012, GENM succeed break through the bolinger band with huge volume.

How high will it go?

Other indicator:-
1. MACD at positive region, uptrend sign.
2. MACD bullish crossover.
3. Stochastic %K on BUY call itinerary.

It might be hugging bolinger upper band go higher high.

If retrace down, RM4.00 psychology level is immediate support level.
However, RM3.93 would be strong support level.

Let watch closely...

Technical Analysis Jan 2012: MUDAJAYA (5085)

MUDAJAYA GROUP BERHAD

Observation from Chart:-

MUDAJAYA trade above MA20 support level.

26 Jan 2012, it do retest RM2.44 support & rebound.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend stock.
RSI & Stochastic %K moving toward oversold stage.

If retrace down RM2.44 is immediate support level.
Subsequent support @ MA20 level.

If go higher, strong resistance @ RM2.79 level, which is MA200 level.

Let watch closely.

Technical Analysis Jan 2012: CIMB (1023)

CIMB GROUP HOLDINGS BERHAD

Observation From Chart:

25 Jan 2012, CIMB break down MA50 support level & retest RM7.00 psychology support level.

Unfortunately, 26 Jan 2012, it do break down RM7.00 psychology support level.

How low will it go?

Other indicator:-
1. No reversal candlestick been form.
2. MACD moving toward negative region, downtrend sign.
3. Stochastics %K reach oversold stage but NO trigger buy call yet.

High probably will retest immediate support, RM6.80 level.

Subsequent support @ RM6.65 level.

If rebound, MA50 would be immediate resistance.

Let watch closely for entry opportunity.

Technical Analysis Jan 2012: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX retrace down from RM2.32 & retest MA20 support level.

Reversal candlestick been formed, will it rebound?

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

If rebound, it might retest RM2.32 resistance level.
Immediate support @ MA20 level.
Subsequent support @ RM2 psychology level.
However, strong support at MA50 level.

Let watch closely.

Technical Analysis Jan 2012: GENM (4715)

GENTING MALAYSIA BERHAD

Observation from Chart:

Since Oct 2011, GENM keep consolidate & forming bolinger band squeeze.

On 25 Jan 2012, GENM rebound from MA20 / MA50 support level.

Will it break through RM3.92 resistance level?

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

High probably it will break through the resistance.

If retrace down, MA20 / MA50 is immediate support level.
However, RM3.77 is strong support level.

Let watch closely...

Technical Analysis Jan 2012: YTL (4677)

YTL CORPORATION BERHAD

Observation from Chart:-

YTL is forming ascending triangle pattern.

20 Jan 2012, YTL retest RM1.54 resistant level.

Will it break through the resistance? Or further consolidate?

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

If retrace down, lower triangle line will be strong support level.

Let watch closely for entry opportunity.

Technical Analysis Jan 2012: HAPSENG (3034)

HAP SENG CONSOLIDATED BERHAD

Observation from Chart:-

20 Jan 2012, HAPSENG retest MA20 support level.

Will it break through RM1.65 resistance?

Other indicator:-
1. Reversal candlestick have been formed.
2. MACD at positive region, uptrend itinerary.
3. Stochastic %K trigger BUY call, pending confirmation.

If market sentiment positive, high probably HAPSENG will break through RM1.65 resistance, which we may confirm another wave of uptrend. (higher low & higher high)

If retrace down, immediate support @ MA20 level.

Let watch closely.

Technical Analysis Jan 2012: KSL (5038)

KSL HOLDINGS BERHAD

Observation from chart:-

KSL keep consolidate within RM1.36 to RM1.45 level & forming bolinger band squeeze.

When will it break through?

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

High probably will retest RM1.45
If bull strong enough, this is the time for it break through the resistance.

Immediate resistance would be RM1.45 level.
Immediate support would be RM1.36 level.

Let watch closely.

Technical Analysis Jan 2012: TM (4863)

TELEKOM MALAYSIA BERHAD

Observation From Chart:-

19 Jan 2012, TM is forming a bullish engulfing

Will it break through MA20 resistance ?

Other indicator:-
MACD at positive region, uptrend sign.
RSI already reach oversold stage.
Stochastic %K do trigger BUY call.

High probably will retest RM5 level.
MA50 is strong support level.

Let watch closely.

Technical Analysis Jan 2012: RAMUNIA (7206)

RAMUNIA HOLDINGS BERHAD

Observation from Chart:-

18 Jan 2012, Ramunia succeed break through MA50 resistance level with huge volume.

Will it break through next resistance, RM0.405 level?

Other indicator:-
1. MACD moving toward positive region, uptrend sign.
2. Stochastic %K been trigger BUY call.

High probably will retest RM0.405 level.
If the bull strong enough, it might break through RM0.405 level & go higher.
Immediate support @ MA50 level.

Let watch closely for entry opportunity...