Stock Watch Alerts for 11.2.2011

The KLCI closed at 1503.99 down 32.08 points or 2.09% inline with lower Asian markets which reacted to China's increase in interest rates to curb domestic inflations.

Stocks 1 & 2 are overbought but the trends of all the stocks posted here remain intact.

    Stock              Close   S'port  Resist.  RMI Inertia  Rate

1. RGB                 0.145   0.145   0.155   99.1   71.8     8.4
2. SKPRES           0.255   0.25     0.275   90.9   53.7     5.8
3. MAXIS             5.46     5.46     5.49     67.8   51.2     2.9  
4. IGB                 2.35     2.30     2.50     60.0   51.8     3.9
5. SPSETIA-WB   1.80     1.80     1.81    42.5    57.2     4.9 

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN