Stock Close S'port Resist. RMIndex Inertia Rate
1. MASTEEL-WA 0.82 0.80 0.82 98.1 70.9 7.1*
2. TM 3.74 3.00 3.76 94.9 52.0 5.2
3. MAHSING 2.24 2.11 2.26 94.7 53.6 6.7
4. MUDAJYA 5.32 5.20 5.42 94.0 58.9 8.6*
5. PENERGY 1.89 1.86 2.00 92.3 55.0 9.3*
6. WASEONG-WA 0.38 0.325 0.40 92.3 62.7 8.0*
7. BORNOIL-WB 0.24 0.24 0.26 91.9 56.9 8.8*
8. SUNWAY 2.41 2.40 2.42 91.3 55.0 5.0
9. KSL 2.07 2.04 2.11 91.2 49.2 7.6
10. YTLLAND 1.89 1.69 1.93 85.2 66.2 8.9*
11. TAS 0.605 0.56 0.62 84.2 50.6 8.1*
12. IJM 6.70 6.52 6.72 84.1 63.3 9.4*
13. YTLLAND-PA 0.47 0.425 0.475 82.7 58.0 7.8*
14. GUOCO 1.47 1.38 1.48 81.9 58.7 7.2*
15. AFG 3.27 3.27 3.29 78.8 58.1 8.9*
16. LBS 0.65 0.645 0.66 77.3 51.2 5.0
17. BSTEAD 5.95 5.91 6.00 76.2 52.4 7.8*
18. YNHPROP 1.83 1.78 1.84 74.4 48.2 9.1*
19. KBES 0.335 0.33 0.34 73.5 47.9 6.1
20. LNGRES 0.27 0.265 0.275 73.0 55.1 10.0*
21. HSL 1.89 1.87 1.92 70.6 48.8 5.0
22. TGOFFS 1.72 1.72 1.80 70.3 56.7 5.3
23. STAR 3.40 3.39 3.41 63.9 51.3 5.0
FAVOURITES *
NOTE: All the stocks listed above are overbought except STAR which is nearing overbought situation. If you have to trade, buy only stocks with VERY STRONG INERTIA and HIGH RATING and only when they breakout above their resistance levels with good volumes.
Further, the stocks posted earlier remain valid although they do not appear in the current list if their support levels are not broken.
For 2011 the main play will be in the oil and gas sector as well as in the infrastructure sector. The financial sector will also be in play, the property sector will slow down.
As so many of you have requested that I conduct a half-day Technical Analysis Seminar so that you can have a better understanding on how I select the stocks; I have decided to have one after the Chinese New Year. I would like to know how many of you are serious, if you are please register by email so that I can plan the seminar. The venue will depend on the number of participants. The Seminar is FREE but you have to pay only RM20.00 for the rental of the conference room at the Hotel. The cost will include light refreshment provided by the Hotel.
Please register early so that booking of the Hotel room can be made.
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN
