With continued uncertainties still prevailing in the financial markets worldwide, the Asian market is range bound. Be cautious.
The following stocks struggled in a sideway range bound movement.
Note their support and resistance levels. Stocks 1 - 3 are overbought.
Stock Close Support Resistance
1. SUPPORT 1.77 1.64 1.77
2. LMCEMNT 6.69 6.58 6.69
3. GENM 2.80 2.75 2.80
4. AMMB 4.90 4.87 4.90
5. AIRASIA 1.25 1.21 1.25
6. ECM 0.66 0.64 0.67
7. MAS 1.98 1.98 2.03
8. MAYBANK 7.38 7.34 7.38
9. SPSETIA 3.89 3.75 3.96
10. MELEWAR 0.67 0.67 0.70
11. E&O 0.895 0.865 0.92
TAN
