Technical Analysis Feb 2016: MYEG (0138)

MY E.G. SERVICES BHD (0138) 

Observation From Chart:-

MYEG retrace down from RM2.33 peak to MA20 support level.

Will it rebound @ MA20 support level?

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

Immediate support @ RM2.21 level which is MA20 support level..
Subsequent support @ RM2.06 which is MA50 support level.

Immediate resistance @ RM2.33 level.

Let's watch closely for rebound

Technical Analysis Feb 2016: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX retrace down from RM3.50 peak.

Will it rebound @ MA100 level?

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

Immediate resistance @ RM3.00 level.
Subsequent resistance @ RM3.13 around MA100 level.

Immediate support @ RM2.61 level.
Subsequent support @ RM2.35 level.

 Let's watch closely for rebound

...

Technical Analysis Feb 2016: CMSB (2852)

CAHYA MATA SARAWAK BERHAD (2852)

Observation From Chart:-

CMSB rebound from RM5.00 strong support level.

Will it breakout RM5.35 resistance level?

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

Immediate support @ RM5.00 level.
Subsequent support @ RM4.70 level.

Immediate resistance @ RM5.35 level.
Subsequent resistance @ RM5.45 level.

Let's watch closely for entry opportunity.

Technical Analysis Jan 2016: COASTAL (5071)

COASTAL CONTRACTS BHD (5071) 

Observation From Chart:-

COASTAL forming lower high & lower low.

How low will it go?

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

Immediate support @ RM1.45 level.

Immediate resistance @ MA20 level, which is around RM1.65
Subsequent resistance @ RM2.00 level.

Let's watch closely

Technical Analysis Jan 2016: HAPSENG (3034)

HAP SENG CONSOLIDATED BERHAD 

Observation from Chart:-

HAPSENG forming higher high & higher low.

Will it breakout the resistance & go higher?

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

If able breakout RM6.80, another new high record been form.
If retrace down, Immediate support @ MA20 level.
Subsequent support @ MA50 level.

Let's watch closely for opportunity.

Technical Analysis Jan 2016: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX forming ascending triangle pattern..

Will it breakout the resistance?

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

Immediate resistance @ RM3.47 level.
Subsequent resistance @ RM3.50 level.

Immediate support @ ascending triangle support level.
Subsequent support @ RM3.12 level.

Let's watch closely for breakout...

Technical Analysis Jan 2016: UEMS (5148)

UEM SUNRISE BERHAD

Observation from Chart:-

UEMS forming lower high & lower low.

When will it rebound?

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

Immediate support @ RM0.95 level.
Subsequent support @ RM1.14 level.

Immediate resistance @ RM1.03 level.
Subsequent resistance @ RM1.18 level.

Let's watch closely for breakout downtrend resistance level.

Technical Analysis Jan 2016: CIMB (1023)

CIMB GROUP HOLDINGS BERHAD 

Observation From Chart:

CIMB succeed rebound @ RM3.95 level ?

How high will it rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastics %K trigger BUY call.

Immediate resistance @ RM4.25 level.
Subsequent resistance @ RM4.40 level.

Immediate support @ RM4.00 level.
Subsequent support @ RM3.95 level.

Let's watch closely for opportunity.

Technical Analysis Jan 2016: SKPETRO (5218)

SapuraKencana Petroleum Berhad (5218) 

Observation from Chart:

SKPETRO (5218) retest strong support RM1.67 level again.

Will it technical rebound? Or break the RM1.67 support?

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

Immediate support @ RM1.67 level.
Subsequent support @ RM1.37 level.

Immediate resistance @ RM1.84 level.
Subsequent resistance @ RM2.00 level.

Due to crude oil price break USD30 psychology support level, this might be impact SKPETRO performance.

Let's watch closely crude oil price for rebound opportunity.

Technical Analysis Dec 2015: CIMB (1023)

CIMB GROUP HOLDINGS BERHAD 

Observation From Chart:

CIMB forming double bottom @ RM4.45 level ?

How high will it rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastics %K @ SELL call.

Immediate resistance @ RM4.60 level.
Subsequent resistance @ RM4.70 level.

Immediate support @ RM4.50 level.
Subsequent support @ RM4.45 level.

Let's watch closely for entry opportunity.