Technical Analysis May 2017: GENM (4715)

GENTING MALAYSIA BERHAD 

Observation from Chart:

GENM break uptrend support level.

How low will it go?

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

Immediate support @ RM5.55 level.
Subsequent support @ RM5.45 level.

Immediate resistance @ RM5.85 level.
Subsequent resistance @ RM6.00 psychology level.

Let's watch closely.

Technical Analysis May 2017: IFCAMSC (0023)

IFCA MSC BHD (0023) 

Observation from Chart:

IFCAMSC (0023) forming descending triangle pattern?.

Will it break the resistance & go higher?

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

Immediate resistance @ RM0.435 level.
Subsequent resistance @ RM0.45 level.

Immediate support @ RM0.41 level.
Subsequent support @ RM0.365 level.

Let's watch closely.

Technical Analysis May 2017: TONGHER (5010)

TONG HERR RESOURCES BHD (5010) 

Observation from Chart:-

1 March 2017, TONGHER (5010) gap up & never close the gap.
28 March 2017, 2nd gap up formed & never close back.

Will it rebound? Or break the uptrend line?

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

Immediate support @ RM3.65 level.
Subsequent support @ RM3.42 level.

Immediate resistance @ RM3.77 level.
If able breakout RM3.77 level, higher higher is confirm. Uptrend will resume.

Let's watch closely

Technical Analysis May 2017: SIGN (7246)

SIGNATURE INTERNATIONAL BERHAD 

Observation from Chart:-

SIGN (7246) forming higher high & higher low.

Will it duplicate previous pattern?

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

Immediate resistance @ RM1.04 level.
Subsequent resistance @ RM1.07 level.

Immediate support @ RM1.01 level.
Subsequent support @ RM0.93 level.

Let's watch closely.

Technical Analysis May 2017: SCABLE (5170)

SARAWAK CABLE BERHAD 

Observation from Chart:-

SCABLE forming ascending triangle pattern?

Will it retest support level?

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

Immediate resistance @ RM1.17 level.
Subsequent resistance @ RM1.17 level.

Immediate support @ RM1.07 level.
Subsequent support @ RM1.02 level.

Let's watch closely.

Technical Analysis May 2017: GENTING (3182)

GENTING BERHAD 

Observation from Chart:-

GENTING forming ascending triangle pattern.

Will it breakout the resistance & go higher?

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

Immediate resistance @ RM10.00 level.
Subsequent resistance @ RM10.16 level.

Immediate support @ RM9.80 level.
Subsequent support @ RM9.70 level.

Let's watch closely for breakout opportunity.

Technical Analysis May 2017: BARAKAH (7251)

BARAKAH OFFSHORE PETROLEUM BHD (7251) 

Observation from Chart:-

BARAKAH (7251) forming descending triangle pattern.

Will it breakout resistance?

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

Immediate support @ RM0.62 level.
Subsequent support @ RM0.605 level.

Immediate resistance @ RM0.645 level.
Subsequent resistance @ RM0.67 level.

Let's watch closely

Technical Analysis May 2017: GPACKET (0082)

GREEN PACKET BERHAD 

Observation from Chart:-

GPACKET (0082) gap down & retest uptrend support level.

Will it rebound or break the trend line support?

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

Immediate support @ trend line, which is around RM0.345 level.
Subsequent support @ RM0.32 level.

Immediate resistance @ RM0.385 level.
Subsequent resistance @ RM0.40 level.

Let's watch closely.

Technical Analysis May 2017: NOTION (0083)

NOTION VTEC BERHAD 

Observation from Chart:-

NOTION (0083) consolidate sideway

Will it breakout RM1.35 resistance level?

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

Immediate resistance @ RM1.35 level.
Subsequent resistance @ RM1.455 level.

Immediate support @ RM1.25 level.
Subsequent support @ RM1.09 level.

Let's watch closely.

Technical Analysis May 2017: LBS (5789)

LBS BINA GROUP BERHAD

Observation from Chart:

LBS (5789) break uptrend support level.

How low will it go?

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

Immediate resistance @ RM2.08 level.
Subsequent resistance @ RM2.12 level.

Immediate support @ RM2.00 level.
Subsequent support @ RM1.92 level.

Let's watch closely.