The 1500 support level of the KLCI has been broken when the KLCI closed sharply lower at 1487.53 down 15.67 points inline with the weak close at the Asian markets. The market may be in for a major correction. Be cautious.
Stock 1 - 7 are overbought and stock 10 is oversold.
Stock Close Support Resistance RMIndex Inertia
1. HSPLANT 3.11 3.09 3.19 99.4 71.9
2. SUNCITY-WA 1.12 0.91 1.17 99.2 72.5
3. SUNWAY-WC 1.14 1.09 1.18 98.9 59.8
4. PBBANK 12.82 12.80 12.84 89.1 62.1
5. SUNWAY 2.25 2.19 2.30 88.4 55.9
6. IJM-WC 1.89 1.86 1.93 84.9 55.6
7. SUNCITY 4.49 4.32 4.55 75.3 48.9
8. EG 0.37 0.36 0.465 42.5 48.3
9. AFG 3.18 3.17 3.20 38.6 48.4
10. IRETEX 0.92 0.91 0.92 25.3 43.0
TAN
Stock 1 - 7 are overbought and stock 10 is oversold.
Stock Close Support Resistance RMIndex Inertia
1. HSPLANT 3.11 3.09 3.19 99.4 71.9
2. SUNCITY-WA 1.12 0.91 1.17 99.2 72.5
3. SUNWAY-WC 1.14 1.09 1.18 98.9 59.8
4. PBBANK 12.82 12.80 12.84 89.1 62.1
5. SUNWAY 2.25 2.19 2.30 88.4 55.9
6. IJM-WC 1.89 1.86 1.93 84.9 55.6
7. SUNCITY 4.49 4.32 4.55 75.3 48.9
8. EG 0.37 0.36 0.465 42.5 48.3
9. AFG 3.18 3.17 3.20 38.6 48.4
10. IRETEX 0.92 0.91 0.92 25.3 43.0
TAN
