Stock Watch Alerts for 8.7.2010

AIRASIA













HIAPTEK














IFCAMSC














IOICORP














SAPCRES














ZELAN














The Asian and European markets remain weak but the KLCI closed at 1311.75 up 4.67 points on a slightly better local market sentiments. Be cautious as the market trading volume is still small.

Some local buying interests seen in the following stocks and they managed to close above their support levels. Stocks 1 -12 are overbought.

Stock Close Support Resistance

1. IFCAMSC 0.21 0.205 0.21
2. AIRASIA 1.34 1.32 1.34
3. FITTERS-WA 0.32 0.31 0.335
4. GENTING 7.45 7.34 7.45
5. HIAPTEK 1.32 1.28 1.34
6. TM 3.39 3.35 3.40
7. SUNWAY 1.54 1.51 1.56
8. SAPCRES 2.25 2.24 2.26
9. PJI 0.125 0.105 0.135
10. KPJ 3.45 3.38 3.55
11. PLUS 3.40 3.39 3.40
12. FABER 2.88 2.74 2.90
13. TEJARI 0.28 0.27 0.28
14. ZELAN 0.54 0.52 0.55
15. AXIATA 3.90 3.89 3.90
16. GAMUDA 3.17 3.16 3.18
17. KENCANA 1.46 1.45 1.46
18. IOICORP 5.09 5.05 5.09
19. MAGNA 0.82 0.815 0.825

Note: Sorry, there will be no posting for 9.7.2010 as I will be away.

TAN