The KLCI took a tumble in line with the fall in the Hang Seng. It closed at 1497.52 down 11.58 points. The market is weak and profit taking in recent run up counters were seen.
Stocks 1 - 7 are overbought and stocks 20 - 25 are oversold.
Stock Close S'port Resist. RMIndex Inertia Rate
1. KENCANA 2.33 2.22 2.36 92.8 62.2 3.9*
2. KENCANA-CD 0.32 0.275 0.335 89.4 58.2 9.1*
3. KUB 0.655 0.59 0.69 84.7 46.9 4.3
4. TM-C1 0.115 0.11 0.12 78.8 58.8 4.3
5. MEDAINC 0.35 0.35 0.36 77.7 60.7 3.1*
6. COMPUGT 0.07 0.065 0.07 73.8 33.2 4.4
7. MULPHA 0.545 0.535 0.55 73.6 46.7 1.0
8. HWGB-WB 0.235 0.23 0.24 69.5 40.8 4.7
9. KUCHAI 1.67 1.58 1.75 69.2 47.8 4.3*
10.MUIIND 0.21 0.20 0.215 66.1 39.0 4.2
11.MEDIA 2.36 2.33 2.36 62.8 56.1 1.9*
12.TANCO 0.15 0.14 0.155 61.3 39.8 7.7
13.WTK 1.27 1.23 1.30 61.0 41.5 4.1
14.INSBIO 0.275 0.26 0.275 60.8 42.6 9.7
15.PTGTIN 0.375 0.36 0.40 43.7 43.0 3.2*
16.JOTECH 0.105 0.10 0.105 42.4 31.9 6.7
17.MSPORTS 0.505 0.50 0.51 40.8 50.3 2.3*
18.MUIPROP 0.165 0.16 0.165 40.5 41.9 5.4
19.SAAG 0.08 0.075 0.085 39.9 41.9 13.9*
20.KBUNAI 0.18 0.18 0.185 30.0 29.6 5.1
21.BURTAIL 0.405 0.40 0.405 24.3 41.5 0.8
22.SIME 8.75 8.71 8.75 22.8 43.1 1.5
23.PENTA 0.285 0.27 0.285 13.5 42.9 4.1*
24.KINSTEL 0.835 0.82 0.845 12.7 26.9 0.7
25.SCOMI-WA 0.155 0.15 0.155 11.7 32.1 5.3
Favourites *
NOTE: Rating less than 1.00 Weak
1.00 - 2.00 Fairly Strong
2.01 - 5.00 Strong
greater than 5.00 Very Strong
New users to this blog, please refer to my earlier posting on 15th December 2010 to understand how to effectively use this postings to get the maximum benefit.
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN