Bursa had another quiet day. The KLCI closed about unchanged. With so much uncertainties in the European financial market, the market days ahead will be choppy. Be cautious.
The following stocks closed above their support levels. Stocks 1 - 13 are overbought.
Stock Close Support Resistance
1. UNICO 1.00 0.98 1.00
2. FABER 2.74 2.55 2.74
3. INCKEN 0.535 0.495 0.54
4. IFCAMSC 0.175 0.17 0.18
5. GENTING 7.00 6.89 7.01
6. HSL 1.50 1.43 1.52
7. HAIO 4.19 3.98 4.26
8. IGB 1.78 1.72 1.80
9. KPJ 3.20 3.04 3.28
10. MYEG 0.665 0.575 0.695
11. TOPGLOV 12.60 12.46 12. 60
12. TITAN 1.37 1.34 1.38
13. PARKSON 5.35 5.31 5.39
14. AFFIN 3.01 2.97 3.02
15. E&O 0.92 0.915 0.92
16. MAYBANK 7.41 7.36 7.44
17. KEYASIC 0.34 0.33 0.345
18. CIMB 6.90 6.88 6.92
TAN