The KLCI continued its uptrend in line with the recovery in the Asian financial markets. The oil and gas sector remain in favour. However most of the oil and gas counters are overbought but firm. Be cautious.
LIST A
Stock Close S'port Resist. RMIndex Inertia Rate
1. SPSETIA 6.69 6.50 6.73 99.8 71.0 7.6*
2. MHB 6.41 6.22 6.48 99.3 74.2 9.6*
3. SAPCRES 3.78 3.45 3.83 99.1 73.7 8.8*
4. CYPARK 1.81 1.72 1.88 99.1 60.9 8.8*
5. KENCANA 2.86 2.73 2.87 97.5 67.6 8.5*
6. MASTEEL-WA 0.765 0.72 0.77 97.3 65.9 8.6*
7. MUHIBAH 1.80 1.78 1.82 96.3 60.0 9.6*
8. THPLANT 2.22 2.18 2.28 95.9 60.2 6.3*
9. IGB 2.27 2.24 2.29 93.4 65.7 6.2*
10. UEMLAND 3.22 3.04 3.27 91.6 57.2 4.8
11. MUDAJYA 4.89 4.73 4.91 91.3 57.2 2.9
12. SPSETIA-WB 2.38 2.16 2.40 90.6 60.1 10.0*
13. BERNAS 2.86 2.75 2.99 90.5 49.0 8.3
14. BORNOIL-WB 0.215 0.165 0.215 89.8 55.0 6.3*
15. HANDAL 1.32 1.18 1.33 88.6 60.6 8.4*
16. DAYANG 3.08 2.99 3.10 84.6 45.9 6.8
17. GENTING 11.84 11.42 11.90 82.7 64.6 9.4
18. AIRASIA 2.86 2.70 2.86 79.1 51.8 6.4*
19. GENM 3.59 3.55 3.59 77.9 69.1 7.8*
20.MBMR 3.38 3.38 3.45 77.5 58.6 6.7*
21. BURSA 8.75 8.51 8.75 74.6 56.2 7.1*
22. PMCAP 0.135 0.13 0.14 74.1 53.0 3.3
23. GUOCO 1.41 1.35 1.43 71.3 58.2 7.7*
24. AFG 3.25 3.22 3.28 70.6 54.5 6.9*
LIST B
Stock Close S'port Resist. RMIndex Inertia Rate
1. APLAND 0.425 0.41 0.44 68.7 50.7 10.0*
2. TAS 0.545 0.51 0.55 65.7 48.0 5.6
3. MISC 8.48 8.47 8.49 64.0 53.7 5.2*
4. BSTEAD 5.63 5.55 5.66 63.6 51.3 2.5
5. STAR 3.40 3.38 3.41 54.8 50.5 4.3
6. PJDEV 0.825 0.81 0.85 49.2 58.3 4.2
FAVOURITES *
NOTE: Watch the stocks with Strong Inertia >50 and stocks with High Rating >5 when they breakout above their resistance levels.
"TECHNICAL ANALYSIS - YOYR ROAD MAP TO PROFIT"
TAN