Technical Analysis Oct 2019: GTRONIC (7022)

GLOBETRONICS TECHNOLOGY BHD

Observation from chart:-

GTRONIC retest RM2.17 resistance level.

Will it breakout & go higher?

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

Immediate resistance would be RM2.17 level
Subsequent resistance would be RM2.28 level.

Immediate support @ RM2.08 level.
Subsequent support @ RM2.00 level.

Let's watch closely.

Technical Analysis Oct 2019: BSTEAD (2771)

BOUSTEAD HOLDINGS BERHAD 

Observation From Chart:

BSTEAD forming descending triangle pattern.

Will it breakout strong resistance level & go higher?

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

Immediate resistance @ RM1.08 level.
Subsequent resistance @ RM1.12 level.

Immediate support @ RM1.00 level
If break immediate support, lower low will be confirm. Downtrend will resume.

Let's watch closely.

Technical Analysis Oct 2019: HAIO (7668)

HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO consolidate at RM2.20 support level.

How long will it consolidate?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K SELL call itinerary.

Immediate resistance @ RM2.29 level.
Subsequent resistance @ RM2.40 level.

Immediate support @ RM2,20 level.
Subsequent support @ RM2.12 level.

HAI-O dividend policy: minimum dividend payout policy of 50% of net profit.
Upcoming dividend 9sen, which ex-date on 7 Nov 2019

Let's watch closely.

Technical Analysis Oct 2019: REDTONE (0032)

REDTONE INTERNATIONAL BERHAD 

Observation from Chart:-

REDTONE forming higher high & higher low.

How high will go?

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

Immediate resistance @ RM0.555 level.
Subsequent resistance @ RM0.60 level.

Immediate support @ RM0.50 level.
Subsequent support @ RM0.475 level.

Let's watch closely.

Technical Analysis Oct 2019: SEACERA (7073)

SEACERA GROUP BERHAD 

Observation from Chart:

SEACERA (7073) retest RM0.25 resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM0.25 level.
Subsequent resistance @ RM0.295 level.

Immediate support @ RM0.215 level.
Subsequent support @ RM0.19 level.

Let's watch closely...

Technical Analysis Sep 2019: INARI (0166)

INARI AMERTRON BERHAD 

Observation from chart:-

INARI retest RM1.85 resistance level again.

Will it breakout & go higher?

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

Immediate support @ RM1.75 level.
Subsequent support @ RM1.70 level.

Immediate resistance @ RM1.85 level.
If breakout, higher high is confirm. Uptrend will resume.

Let's watch closely.

Technical Analysis Sept 2019: DUFU (7233)

DUFU TECHNOLOGY CORP. BHD 

Observation from Chart:-

DUFU rebound from strong support level.

Will it retest RM2.67 resistance level?

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

Immediate support @ RM2.08 level.
Subsequent support @ RM1.97 level.

Immediate resistance @ RM2.53 level.
Subsequent resistance @ RM2.67 level .

Do check out Technical Analysis Aug 2019: DUFU

Let's watch closely.

Technical Analysis Aug 2019: REDTONE (0032)

REDTONE INTERNATIONAL BERHAD 

Observation from Chart:-

REDTONE retest RM0.405 strong resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM0.405 level.
Subsequent resistance @ RM0.44 level.

Immediate support @ RM0.37 level.
Subsequent support @ RM0.335 level.

Let's watch closely.

Technical Analysis Aug 2019: DUFU (7233)

DUFU TECHNOLOGY CORP. BHD 

Observation from Chart:-

DUFU forming double bottom @ RM1.41 level.

Will it form "W" pattern?

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

Immediate support @ RM2.04 level.
Subsequent support @ RM1.90 level.

Immediate resistance @ RM2.30 level.
Subsequent resistance @ RM2.45 level .

Let's watch closely.

Technical Analysis Aug 2019: DRBHCOM (1619)

DRB-HICOM BERHAD 

Observation from Chart:-

DRBHCOM retest @ RM2.72 resistance level.

Will it breakout & go higher?

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

Immediate resistance @ RM2.72 level.
If breakout, higher high is confirm. Uptrend will resume.

Immediate support @ RM2.56 level.
Subsequent support @ RM2.38 level.

Let's watch closely.