Stock Watch Alerts for 16.12.2010

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