As some of you have suggested that I post only the strong stocks that have potential to move higher, I will now only post the strongest stocks. However those of you who would like to know my technical view of some of your favourite stocks, you are free to call me.
LIST A
Stock Close S'port Resist. RMIndex Inertia Rate
1. DIALOG 2.15 2.01 2.17 99.9 60.0 7.8*
2. PETRA 1.18 1.15 1.21 98.5 67.2 4.4*
3. KENCANA 2.66 2.57 2.66 96.4 66.0 4.2*
4. MUHIBAH 1.69 1.55 1.73 94.2 60.6 6.8*
5. TM 3.73 3.56 3.80 87.4 47.6 8.8
6. AXIATA 4.91 4.84 4.98 86.2 63.8 9.0*
7. SAAG 0.105 0.09 0.11 82.7 53.9 8.3*
8. MULPHA 0.635 0.605 0.645 81.9 61.1 6.7*
9. GAMUDA-WD 1.79 1.79 1.82 80.7 55.8 4.5*
10.ADVENTA 2.65 2.48 2.77 75.9 42.4 7.6
11.WCT-WB 0.84 0.82 0.87 74.2 54.8 8.9*
12.HWGB 0.41 0.385 0.42 72.9 47.8 6.9
LIST B
Stock Close S'port Resist. RMIndex Inertia Rate
1. WASEONG 2.25 2.18 2.25 66.9 49.2 8.9
2. LIONCOR 0.295 0.285 0.30 66.2 51.5 8.3*
3. HWGB-WB 0.275 0.255 0.295 66.0 48.3 7.0
4. TWSCORP 0.93 0.915 0.945 62.8 49.9 3.6
5. 3A 1.80 1.64 1.84 61.0 46.9 6.4
6. MRCB 2.22 2.18 2.26 59.1 52.2 9.6*
7. KURASIA 0.40 0.39 0.41 58.8 50.1 6.7*
8. SAMUDRA 0.235 0.215 0.25 57.4 58.9 4.2
9. OLYMPIA-WA 0.105 0.095 0.105 57.3 41.0 7.5
10.MMCCORP 3.10 2.92 3.12 50.2 44.2 10.0
11.SCOMI-WA 0.17 0.17 0.175 48.3 51.0 6.7*
12.RCECAP 0.585 0.585 0.59 47.9 47.0 8.8
13.ALAM 1.09 1.04 1.11 47.2 41.1 9.0
14.JCY 0.85 0.835 0.865 38.6 50.0 8.4*
15.GPACKET 0.78 0.77 0.795 13.7 43.9 8.7
FAVOURITES *
NOTE: List A stocks are overbought but their uptrend remain intact and are firm. In a bullish market overbought stocks could remain overbought for a longer period of time before a price correction takes place. eg. DIALOG, HAPSENG are overbought for a long time but it continued to move higher bridging new resistances on their way up.
List B stocks are neutral but they have bridged their resistances with Strong Inertia and are now at new resistance levels. If these new resistance levels are bridged, they could see higher levels.
Buy only stocks that have Strong Inertia (preferably above 50) and High Rating (perferably above 5) and when they bridged their new resistance levels with good supporting volumes on their breakout.
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN
