Monday, December 24, 2012

Technical Analysis Dec 2012: TENAGA (5347)

TENAGA NASIONAL BHD

Observation from Chart:-

TENAGA consolidate within RM6.74 & RM6.88 range.

When will it break through the band?

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

Immediate support @ MA20 / MA50 level.
Subsequent support @ MA100 level.

Immediate resistance @ RM6.88 level.
Sunsequent resistance @ RM6.98 level.

Let's watch closely.

Saturday, December 22, 2012

Technical Analysis Dec 2012: FGV (5222)

FELDA GLOBAL VENTURES HLDG BHD

Observation From Chart:

FGV succed break through descending triangle.

How high will it rebound?

Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K already trigger BUY call.

Immediate resistance @ RM4.71 level.
Subsequent resistance @ RM4.92 level.

Immediate support @ MA20 level.
Subsequent support @ RM4.53 level.

Once higher high & higher low is form, FGV will moving uptrend.
Added, FGV will be park under FTSE Bursa Malaysia KLCI.

Astro and Felda Global to replace AirAsia and MMHE on FTSE Bursa Malaysia KLCI

Souce:
http://www.themalaysianinsider.com/business/article/astro-and-felda-global-to-replace-airasia-and-mmhe-on-ftse-bursa-malaysia-klci

Let's watch closely.

Wednesday, December 19, 2012

Technical Analysis Dec 2012: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO retest RM2.17 resistance level again.

How about this round, will it able break through?

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

Immediate resistance @ RM2.17 level.
Subsequent resistance @ RM2.28 level.

Immediate support @ MA50 / MA20 level.
Subsequent support @ MA100 level.

If able break throuigh RM2.17, higher high been formed.

HAIO just announced Q2 result & better dividend compare last year...
Source: http://www.theedgemalaysia.com/highlights/227563-hai-o-to-declare-higher-dividend.html

Let's watch closely.

Tuesday, December 18, 2012

Technical Analysis Dec 2012: YTLPOWR (6742)

YTL POWER INTERNATIONAL BHD

Observation from Chart:-

YTLPOWER retest RM1.50 support level again.

It's good entry opportunity? How high will it rebound?

Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K at oversold stage, pending trigger BUY call.

Immediate resistance @ MA20 level
Subsequent resistance @ MA50 level.

If rebound, it will retest immediate resistance.
If the market sentiment bullish, it might go higher.

However, if break down RM1.50 support, it might facing high selling preasure.

Let's watch closely.

Monday, December 17, 2012

Technical Analysis Dec 2012: UOADEV (5200)

UOA DEVELOPMENT BHD

Observation from chart:-

UOADEV still unable break through RM1.77 resistance level on 3rd attempt.

Will it retest RM1.69 support level again?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K trigger SELL call, pending confirmation.

Immediate resistance @ RM1.77 level.
Subsequent resistance @ RM1.82 level.

Immediate support @ MA20 level.
Subsequent support @ RM1.69 level.

According last two attempt, the moment unable break through RM1.77, it will retrace down to RM1.69 support.

So high probably it might retest RM1.69 level.

Let's watch closely.

Technical Analysis Dec 2012: ADVENTA (7191)

ADVENTA BHD

Observation from Chart:-

ADVENTA succeed break through RM1.92 resistance level.

How high will it go?

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

Immediate support @ RM1.92 level.
Subsequent support @ MA20 / MA50 level.

Immediate resistance @ RM2.00 psychology level.

Do watch out Q4 result, which will announce soon.

Let's watch closely...

Saturday, December 15, 2012

Technical Analysis Dec 2012: KPJ (5878)

KPJ HEALTHCARE BERHAD

Observation from Chart:-

KPJ already break down MA200 support level.

How low will it go?

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

Since already break down MA200, it might be facing high selling pressure...
If rebound, may look for immediate resistance.

Immediate support @ RM5.30 level.
Immediate resistance @ MA200 level.

Let's watch closely for reversal sign...

Thursday, December 13, 2012

Technical Analysis Dec 2012: DIGI (6947)

DIGI.COM BERHAD

Observation from chart:-

DIGI rebound from RM4.50 level & consolidate @ RM4.80 level.

Today, Dec 13, 2012 retest MA50 resistance level & formed doji candlestick.

Will it break through? Or retrace down?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K reach overbought stage.

High probably it might retrace down for consolidate.
Immediate support @ MA100 / MA20 level.
Subsequent support @ RM4.50 level.

Once it break through MA50 resistance, it might retest RM5.38 level.

Let's watch closely.

Wednesday, December 12, 2012

Technical Analysis Dec 2012: SKPETRO (5218)

SapuraKencana Petroleum Berhad (5218)

Observation from Chart:

SKPETRO succeed break through RM2.93 resistance.

How high will it go?

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

Higher high & higher low been firmed, uptrend will continue.
If retrace down, it might be good opportunity.

Immediate support @ RM2.93 level.
Subsequent support @ MA50 / MA100 level.

Let's watch closely.

Tuesday, December 11, 2012

Technical Analysis Dec 2012: GASMSIA (5209)

GAS MALAYSIA BERHAD

Observation From Chart:-

GASMSIA (5209) retest RM2.58 support level again.

Will it rebound?

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

Immediate support @ RM2.58 level.
Immediate resistance @ RM2.64 level.

High probably will consolidate within RM2.58 & RM2.64 range.
If break down RM2.58 support, it might facing high selling pressure.

Let's watch closely.