The market staged a modest recovery and the KLCI closed at 1521.29 up 11.23 points.
Stocks 1 - 10 are overbought and stocks 22 - 30 are oversold.
Stock Close S'port Resist. RMIndex Inertia Rating
1. SPSETIA-WB 1.80 1.69 1.87 97.6 65.3 (6.5)*
2. SUNRISE 3.30 3.01 3.35 85.1 52.4 (8.7)*
3. KENCANA 2.22 2.06 2.24 84.0 59.5 (7.5)*
4. PBBANK-01 12.86 12.81 12.88 78.6 54.1 (0.6)
5. HWGB 0.365 0.35 0.37 76.9 36.5 (4.5)
6. KFIMA 1.56 1.44 1.61 76.8 51.1 (8.4)*
7. GAMUDA-WD 1.62 1.57 1.64 74.7 41.8 (1.6)
8. TM 3.45 3.43 3.47 72.2 51.2 (0.4)
9. RAMUNIA 0.445 0.43 0.45 72.1 51.9 (3.2)
10.HWGB-WB 0.24 0.225 0.24 70.4 37.3 (5.9)
11.PLUS 4.40 4.40 4.41 66.4 48.0 (0.5)
12.GENTING 11.06 1 0.80 11.08 65.2 45.6 (1.2)
13.PMETAL 2.23 2.12 2.30 60.9 46.2 (4.4)
14.MULPHA 0.54 0.515 0.54 56.5 45.1 (5.2)
15.RANHILL 0.83 0.815 0.84 54.0 39.8 (1.1)
16.MALTON 0.75 0.735 0.775 45.7 44.3 (2.0)
17.MKLAND 0.385 0.355 0.385 40.2 38.1 (10.1)
18.KBUNAI 0.18 0.185 0.19 38.9 28.6 (4.9)
19.E&O 1.20 1.17 1.21 36.0 45.2 (5.2)
20.TIMECOM 0.68 0.67 0.685 35.5 47.3 (4.1)
21.ASB 0.185 0.185 0.195 34.2 31.1 (7.3)
22.HARVEST 0.135 0.13 0.135 28.1 49.3 (7.8)
23.MRCB 2.12 2.03 2.13 27.8 48.6 (4.5)
24.LANDMARK 1.37 1.28 1.38 26.6 39.9 (8.7)*
25.MAYBANK 8.43 8.40 8.56 24.0 44.8 (0.8)
26.TENAGA 8.79 8.58 8.82 23.2 41.8 (3.2)
27.TEBRAU 0.77 0.745 0.775 22.8 43.2 (3.7)
28.L&G 0.465 0.465 0.47 16.1 30.1 (5.2)
29.HUAAN 0.345 0.345 0.35 14.6 38.0 (2.5)
30.KINSTEL 0.815 0.805 0.83 13.8 27.2 (3.8)
NOTE: Some of the stocks marked as favourites * earlier may continue to move higher if market sentiments are bullish and favourable. Take profit/sell when their support levels are broken.
For trading play look at stocks that are oversold and have high rating eg. LANDMARK. Buy when their overhead resistance is bridged.
Any questions, email me and I will try to respond as soon as possible.
TAN
