I have separated the stocks into two lists for easy reference, List A and List B. List A are stocks overbought but up-trend intact, strong and could move higher on bridging their immediate resistances with large supporting volume; List B are stocks oversold and/or stocks having potential for higher levels upon bridging their immediate resistances with supporting volume.
Volume is the key inertia/buying power that push stocks to their new highs.
LIST A
Stock Close S'port Resist. RMIndex Inertia Rate
1. MUHIBAH 1.58 1.52 1.61 95.5 59.3 4.7*
2. KNM 2.91 2.69 2.92 95.0 57.1 3.3*
3. AMMB 7.05 6.77 7.07 92.0 64.4 3.3*
4. THPLANT 2.00 1.91 2.00 89.7 50.9 5.3*
5. MAA 0.78 0.745 0.805 85.1 41.5 0.2
6. PMETAL 2.55 2.44 2.58 82.4 52.5 4.7*
7. MASTEEL 1.14 1.09 1.14 80.0 49.5 4.5*
8. AIRASIA 2.68 2.65 2.70 74.7 65.1 2.4*
9. MEDIA 2.48 2.40 2.49 73.7 57.8 3.1*
10.GUOCO 1.29 1.24 1.29 73.0 47.0 4.7
11.GADANG 0.74 0.715 0.75 72.7 44.5 4.0
LIST B
Stock Close Sport Resist RMIndex Inertia Rate
1. GENTING 10.80 10.63 10.84 59.8 53.3 5.1*
2. BJRTAIL 0.435 0.42 0.435 59.1 46.4 4.0
3. UMW 7.10 6.99 7.10 58.5 45.2 2.5
4. KHSB 0.43 0.42 0.435 51.8 48.0 2.3*
5. EQUINE 0.525 0.49 0.545 48.0 42.2 10.1
6. L&G 0.485 0.475 0.495 43.1 34.8 2.9
7. MAXIS 5.31 5.30 5.31 40.4 53.2 0.6
8. KEYWEST 0.075 0.065 0.08 25.1 40.2 12.9
9. ZELAN 0.585 0.545 0.61 24.9 35.6 11.1
10.PMCORP 0.125 0.12 0.125 22.5 49.2 4.5
11.MAS 2.03 2.00 2.03 5.8 31.8 6.2
FAVOURITES *
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN
