The market staged a remarkable recovery in the afternoon and the KLCI closed at 1503.22 up 17.80 points inline with strong close in the Asian financial markets. However the market remain fragile. Be cautious.
Stocks 1 - 8 are overbought and stocks 22 - 25 are oversold.
Stock Close Support Resistance RMIndex Inertia
1. DIALOG 1.58 1.50 1.59 99.9 61.8
2. IJM-WC 2.69 2.45 2.69 96.7 57.1
3. SPSETIA-WB 1.57 1.46 1.59 96.7 66.3
4. KEURO 1.28 1.18 1.29 92.6 46.1
5. IJM 6.13 5.80 6.13 92.6 51.7
6. AXIATA 4.74 4.61 4.74 86.2 62.6
7. KENCANA 2.04 2.01 2.06 83.3 57.5*
8. SUNRISE 2.73 2.70 2.74 76.1 55.1
9. CIMB 8.51 8.40 8.54 68.6 59.6
10. YTLPOWR 2.50 2.49 2.52 63.4 44.0
11. GAMUDA-WD 1.57 1.41 1.59 48.9 38.5
12. GAMUDA 3.90 3.71 3.91 47.3 44.0
13. INCKEN 0.83 0.78 0.845 46.6 36.7*
14. KIMLUN 1.50 1.45 1.52 45.0 41.1*
15. GLOMAC 1.70 1.65 1.71 43.0 44.2
16. LBS 0.605 0.60 0.62 42.3 38.0*
17. BJCORP 1.09 1.07 1.10 39.7 46.7
18. GENTING 10.40 10.27 10.42 39.2 44.9
19. RANHILL 0.805 0.80 0.805 39.1 37.0*
20. SIME 8.83 8.77 8.96 36.2 45.8
21. WCT-WB 0.645 0.59 0.645 36.2 38.6*
22. UNISEM 1.87 1.86 1.87 26.8 39.4*
23. ANNJOO 2.89 2.87 2.89 23.9 44.1*
24. LIONIND 1.90 1.89 1.93 20.1 50.2*
25. JAKS 0.70 0.675 0.70 7.0 35.6*
NOTE: Stocks marked * are my personal favourites for the day. Check them out!
TAN
