The KLCI close at 1509.10 down 1.48 points. Without any market leader, the maket is range bound and affected by the fall in Hang Seng.
Stocks 1 -15 are overbought and stocks 23 -24 are oversold.
Stock Close S'port Resist. RMIndex Inertia Rate
1. IJM 6.30 6.20 6. 30 97.4 59.5 1.2*
2. CYPARK 1.30 1.26 1.32 91.6 52.2 0.6
3. RHBCAP 8.57 8.42 8.57 90.2 50.0 1.9*
4. KNM-CE 0.20 0.145 0.205 89.7 55.2 24.2
5. KNM 2.68 2.33 2.70 87.0 45.5 13.7*
6. AIRASIA 2.74 2.70 2.74 86.5 64.0 2.1*
7. OSK 2.10 2.00 2.10 84.0 45.1 3.7*
8. HARBOUR 1.08 1.04 1.11 83.5 41.8 4.3
9. KPSCB 0.295 0.275 0.305 82.3 38.5 4.0
10.PBBANK-01 12.88 12.81 12.88 76.5 53.7 0.6
11.HOVID 0.18 0.175 0.18 74.0 58.1 1.7*
12.IGB 2.06 2.02 2.07 73.5 40.6 2.6
13.CHANG 1.36 1.21 1.44 73.1 51.0 11.0*
14.INSAS 0.58 0.57 0.585 71.7 48.4 1.1
15.GUNUNG-WA 0.44 0.39 0.445 71.4 48.1 13.9
16.PJI 0.14 0.135 0.14 61.9 51.6 3.6*
17.OSKVI-WA 0.18 0.17 0.185 60.8 45.1 4.4
18.WTK 1.23 1.18 1.26 51.8 39.5 3.8
19.TAGB 0.45 0.44 0.46 49.5 35.7 0.5
20.PLUS 4.40 4.39 4.40 46.5 43.5 1.0
21.OSKVI 0.42 0.405 0.42 45.1 45.0 5.1*
22.YTLPOWR 2.44 2.44 2.46 38.0 38.3 2.4
23.MAYBANK 8.55 8.52 8.55 25.8 41.0 0.8
24.MAS 2.01 1.99 2.05 10.2 35.5 1.6
Favourites *
I am very happy to note that some of you are laughing all the way to the Banks for having bought KNM but be cautious. Don't be greedy, take half the profit first and hold the rest of your purchase if you like.
Take note of the resistance level, the next strong resistance level 3.00 if resistance 2.70 bridged.
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN