Technical Analysis Jun 2013: YTLPOWR (6742)

YTL POWER INTERNATIONAL BHD

Observation from Chart:-

YTLPOWER retest MA200 level.

Will it break through the resistance?

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

Immediate resistance @ MA200 level
Immediate support @ MA20 / MA50 level.

It would be an opportunity, if able form a reversal @ support level.

Do watch out, potential distribution of Treasury Shares as Dividend. Cumulative net outstanding treasury shares as at to-date (25/6/2013): 233,221,745 units Let's watch closely.

Technical Analysis June 2013: PUNCAK (6807)

 

PUNCAK NIAGA HOLDINGS BHD '

Observation from Chart:-

PUNCAK (6807) forming ascending triangle pattern.

Will it break through the resistance, RM1.93?

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

High possibility will retest RM1.93 soon.

If the momentum is positive, it will break through the resistance & go higher high.

Immediate resistance @ RM1.93 level.
Subsequent resistance @ RM2.25 level.

Immediate support @ MA20 level.
Strong support @ triangle lower band.

Let's watch closely.

Technical Analysis June 2013: MHB (5186)

MALAYSIA MARINE AND HEAVY ENGINEERING HOLDINGS BERHAD

Observation from Chart:-

MHB retrace down from strong technical rebound.

Will it forming double bottom?

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

Immediate support @ RM3.17 level.
Potential retest this level & forming double bottom before rebound.
Or at least it must forming higher low & higher high, in order to conclude up
trend sign.

Let watch closely.

Technical Analysis June 2013: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX succeed break through descending triangle.

How high will it go?

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

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

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

Let's watch closely

Technical Analysis May 2013: HAIO (7668)

HAI-O ENTERPRISE BERHAD

Observation From Chart:

HAIO succeed break through RM2.45 resistance level with huge volume.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K @ overbought stage.

Immediate resistance @ RM2.62 level.
Subsequent resistance @ RM2.67 level.

Immediate support @ RM2.45
Subsequent support @ MA20 / MA50 level.

It's an entry opportunity if retrace down retest support level.
Let's watch closely.

Technical Analysis May 2013: COASTAL (5071)

COASTAL CONTRACTS BHD (5071)

Observation From Chart:-

COASTAL hugging bolinger upper band go higher high & formed shooting star.

Will it retrace down?

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

Immediate support @ RM2.16 level.
Subsequent support @ RM2.09 level.

Due to overbought stage, high probably it will retrace down, retest support level.
It's an entry opportunity after correction completed.

Let's watch closely

Technical Analysis Apr 2013: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX succeed break through descending triangle.

How high will it go?

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

If able break through RM2.14 level, higher high been formed.

Immediate support @ RM2.00 which is MA200 / MA20 level.
Subsequent support @ RM1.95 which is MA100 level.


Let's watch closely

Technical Analysis Apr 2013: UEM LAND (5148)

UEM LAND HOLDINGS BERHAD

Observation from Chart:-

UEMLAND keep forming higher high & higher low.

What's the next high?

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

If retrace down, MA20 would be immediate support.
Subsequent support @ RM2.60 level.

Once break through RM2.90, another new high record been formed, we may drive through the trend.
Do watch out reversal sign & take profit.

Let's watch closely.

Technical Analysis Apr 2013: DIGI (6947)

DIGI.COM BHD

Observation from Chart:-

DIGI consolidate side way & retest RM4.72 resistance level.

Will it break through?

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

If retrace down, MA50 would be immediate support.
Subsequent support @ MA20 level.

Immediate resistance @ RM4.72 level.
Subsequent resistance @ MA200 / MA100 level.

Let's watch closely.

Technical Analysis Mar 2013: UEM LAND (5148)

UEM LAND HOLDINGS BERHAD

Observation from Chart:-

UEMLAND succeed break through RM2.30 strong resistance level.

How high will it go?

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

If retrace down, RM2.30 would be immediate support.
Subsequent support @ MA20 / MA50 level.

Once higher high & higher low been formed, we may drive through the trend.

Let's watch closely.