Technical Analysis Aug 2020: GADANG (9261)

 

GADANG HOLDINGS BHD (9261) 

Observation from Chart:-  

GADANG (9261) succeed breakout downtrend line ? 

 

How high will it go? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ RM0.405 level. 

Subsequent support @ RM0.35 level. 

Immediate resistance @ RM0.50 level. 

Subsequent resistance @ RM0.55 level. 

Let's watch closely

Technical Analysis Aug 2020: Banyan Tree (SGX: B58)

BANYAN TREE HOLDINGS LIMITED 

Observation from Chart: 

Banyan Tree (B58) is consolidate sideway. 

Will it breakout downtrend resistance line? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate support @ $0.215 level. 

If break the support, lower low is confirm. Downtrend will resume. 

Immediate resistance @ $0.24 level 

Subsequent resistance @ $0.26 level. 

Let's watch closely.

Technical Analysis Aug 2020: SINGTEL (SGX: Z74)

SINGAPORE TELECOMMUNICATIONS LTD 

Observation from Chart: 

SINGTEL (Z74) forming double bottom pattern? 

Will it retest $2.19 & rebound? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K pending trigger BUY call. 

Immediate support @ $2.27 level. 

Subsequent support @ $2.19 level. 

Immediate resistance @ $2.32 level 

Subsequent resistance @ $2.45 level. 

Let's watch closely for opportunity. 

Technical Analysis Aug 2020: GENM (4715)

 

GENTING MALAYSIA BERHAD 

Observation from Chart: 

GENM (4715) announced Q2 FY20 result. 

Will it forming double bottom @ RM1.83 level? 

Other indicator:- 

MACD at negative region, downtrend sign. 

Stochastic %K pending trigger BUY. 

Immediate support @ RM2.00 level. 

Subsequent support @ RM1.83 level.

Immediate resistance @ RM2.38 level. 

Subsequent resistance @ RM2.50 level.

Let's watch closely.

Technical Analysis Aug 2020: Riverstone (SGX: AP4)

 

Riverstone Holdings Ltd 

Observation From Chart:- 

Riverstone (SGX: AP4) retrace down from $4.90 & retest uptrend support line.

Will it rebound & retest $4.90 level?

 

Other indicator:- 

MACD trading at positive region, uptrend sign. 

Stochastic %K pending trigger BUY call. 

Immediate resistance@ $4.90 level, 

If able breakout, higher high is confirm. Uptrend will resume.

Immediate support @ $3.38 level. 

Subsequent support @ $3.00 level. 

Let's watch closely.

Technical Analysis Aug 2020: MEDTECS INTL (SGX: 546)

 

MEDTECS INTERNATIONAL CORP LTD 

Observation From Chart:- 

MEDTECS INTL (546) retest MA20 & rebound. 

Will it retest $1.98 level?  

Other indicator:- 

MACD trading at positive region, uptrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate resistance@ $1.58 level,

Subsequent resistance @ $1.98 level.

Immediate support @ $1.33 level. 

Subsequent support @ $1.26 level. 

Let's watch closely.

Technical Analysis Aug 2020: AEON (6599)

 

AEON CO. (M) BHD 

Observation from Chart: 

AEON (6599) rebound from RM0.79 support level.

Will it retest downtrend resistance level? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K at BUY itinerary. 

Immediate resistance @ RM0.91 level. 

Subsequent resistance @ RM0.96 level. 

Immediate support @ RM0.79 level. 

If break RM0.79, lower low is confirm. Downtrend may resume.

Let's watch closely.

Technical Analysis Aug 2020: AIRASIA (5099)

AIRASIA BERHAD 

Observation from Chart: 

AIRASIA (5099) announced Q2 FY20 result.

Will it forming double bottom @ RM0.50 level? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K at BUY itinerary. 

Immediate resistance @ RM0.79 level. 

Subsequent resistance @ RM0.85 level. 

Immediate support @ RM0.65 level. 

Subsequent support @ RM0.58 level. 

Let's watch closely.

Technical Analysis Aug 2020: AnAn Intl (SGX: Y35)

AnAn International Limited 

Observation from chart:- 

AnAn Intl (SGX: Y35) rebound from $0.035 level. 

Will it retest $0.07 resistance level? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate resistance @ $0.044 level. 

Subsequent resistance @ $0.059 level. 

Immediate support @ $0.035 level. 

Subsequent support @ $0.012 level. 

Let's watch closely.

Technical Analysis Aug 2020: Biolidics (SGX: 8YY)

 

Biolidics Limited 

 

Observation from chart:- 

Biolidics (8YY) forming triangle pattern. 

When will it break the resistance or support? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate resistance @ $0.48 level. 

Subsequent resistance @ $0.58 level. 

Immediate support @ $0.35 level. 

Subsequent support @ $0.295 level. 

Let's watch closely.