Technical Analysis July 2013: GENM (4715)

GENTING MALAYSIA BERHAD

Observation from Chart:

GENM forming double top @ RM4 level.

Will it break through RM4.00 psychology level?

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

Immediate support @ MA20 / MA50 which is RM3.86 level.
Immediate resistance @ RM4.00 level.
If able break through, higher high is confirm, uptrend will resume.

 Let's watch closely...

Technical Analysis July 2013: PERISAI (0047)

PERISAI PETROLEUM TEKNOLOGI BHD

Observation from Chart:-

PERISAI succeed break through strong resistance, RM1.65.

How high will it go?

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

Higher high been confirm, it's opportunity if retest support level.

If retrace down, immediate support @ RM1.65
Subsequent support @ MA20 / MA50 level.

Let's watch closely.

Technical Analysis July 2013: MITRA (9571)

MITRAJAYA HOLDINGS BERHAD

Observation From Chart:

MITRA succeed break through descending triangle with huge volume.
How high would it go?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K still on BUY call itinerary.

Immediate resistance, RM0.55 level.
Subsequent resistance, RM0.60 level.

Immediate support MA50 level.
Subsequent support RM0.475 level.

Let watch closely.

Technical Analysis July 2013: FABER (1368)

FABER GROUP BHD

Observation From Chart:

FABER is retest RM1.82 resistance level..
Will it break through the resistance?

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

Immediate resistance, RM1.82 level.
Immediate support MA20 level.

If able break through RM1.82, higher high is formed.

Let's watch closely.

Technical Analysis July 2013: YEELEE (5584)

YEE LEE CORPORATION BHD (5584)

Observation from Chart:-

YEELEE succeed break through RM1.23 resistance level.
How high will it go?

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

Immediate support @ RM1.23 level.
Subsequent support @ MA20 level.

Higher high been confirmed, it's on uptrend.
It would be an opportunity, if able form a retrace down retest support level.

Let's watch closely.

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.