The KLCI recovered at the end of the day and closed at 1510.06 up 8.32 points. The marlet remain fragile. Be cautious.
Stocks 1 - 6 are overbought and stocks 19 - 23 are oversold.
Stock Close Support Resistance RMIndex Inertia Rating
1. DRBHCOM 1.70 1.53 1.70 89.1 61.0 (9.2)*
2. MUHIBAH 1.41 1.36 1.42 87.6 57.6 (3.7)*
3. AIRASIA 2.72 2.61 2.74 84.3 57.4 (3.8)*
4. CIMB 8.70 8.47 8.70 79.2 61.9 (2.7)*
5. KENCANA 2.06 2.02 2.08 78.9 58.9 (1.9)*
6. KNM 2.14 1.99 2.15 77.6 38.8 (9.3)
7. GAMUDA-WD 1.57 1.52 1.58 68.6 39.5 (0.8)
8. RAMUNIA 0.43 0.425 0.435 67.4 51.6 (1.6)
9. AMMB 6.42 6.26 6.43 55.7 49.4 (2.6)
10. MULPHA 0.515 0.505 0.515 51.7 45.8 (2.7)
11. HOVID 0.175 0.155 0.175 51.7 53.9 (9.7)*
12. PETRA 0.85 0.77 0.855 44.7 47.2 (10.5)
13. TA 0.745 0.73 0.745 44.2 43.6 (2.7)
14. SIME 8.78 8.76 8.90 40.9 43.8 (0.1)
15. KBUNAI 0.175 0.17 0.18 35.7 28.4 (3.6)
16. UEMLAND 2.43 2.29 2.43 33.7 52.7 (6.4)*
17. DAYA 0.215 0.205 0.22 32.6 37.2 (5.0)
18. TIMECOM 0.665 0.66 0.665 31.2 47.1 (2.7)
19. TEBRAU 0.745 0.74 0.75 15.3 42.6 (2.4)
20. TIME 0.415 0.41 0.415 13.9 39.4 (6.8)
21. GENM 3.44 3.35 3.44 9.7 50.2 (3.7)*
22. JCY 0.785 0.785 0.82 8.2 23.6 (4.5)
23. SCOMI 0.34 0.335 0.35 5.9 36.2 (8.3)
NOTE:Stocks marked * are my favourites for the day. All readers of this blog are welcome to post comments or ask any questions on technical analysis or suggest how to further improve this blog.
TAN
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
