Dow Jones staged a modest recovery to close at 10193.39 up 125.38 points on Friday. However it may be only a rebounce as the market is weak. Be cautious.
The following stocks at Bursa closed above their support levels but market need stonger buying support to move higher. The chart for MEASAT looks positive.
Stock Close Support Resistance
1. PDZ 0.085 0.08 0.085
2. DBHD 0.795 0.785 0.80
3. HIRO 0.915 0.88 0.92
4. KEURO 0.535 0.47 0.55
5. MEASAT 2.93 2.79 2.96
6. TEJARI 0.28 0.265 0.28
7. AWC 0.28 0.27 0.29
8. FASTRAK 0.08 0.075 0.08
9. SCOMNET 0.10 0.09 0.10
10. EDUSPEC 0.13 0.125 0.14
11. FOCUS 0.115 0.115 0.12
Stocks 1 - 7 are overbought.
TAN
