The market staged a modest recovery in line with the recovery in the Asian markets. The KLCI closed at 1505.33 up 10.81 points or 0.72%. The market remain fragile. Be cautious.
Stocks 1 - 17 are overbought but trend remain intact.
Stock Close S'port Resist. RMI Inertia Rate
1. JOTECH 0.165 0.14 0.17 98.7 63.1 3.8
2. JOTECH-WA 0.11 0.085 0.11 98.6 61.5 4.8
3. ISS 0.08 0.07 0.08 97.4 62.4 6.7
4. IRIS-WB 0.18 0.175 0.195 96.9 55.2 5.6
5. DUTALND-WA 0.375 0.26 0.39 96.8 55.2 6.6
6. ASB 0.305 0.285 0.31 95.1 63.9 3.7
7. DIGISTA-WA 0.12 0.105 0.125 94.8 59.5 5.2
8. PJI 0.205 0.195 0.215 93.5 54.0 4.2
9. SOZO 0.875 0.85 0.875 92.2 72.1 4.6
10.PALETTE 0.095 0.09 0.10 91.7 59.2 5.2
11.FRONTKN 0.235 0.205 0.24 88.6 56.5 5.0
12.MOBIF 0.08 0.075 0.08 88.6 59.7 3.2
13.EURO 0.635 0.615 0.645 87.0 73.4 3.5
14.PATIMAS 0.085 0.08 0.09 86.1 50.8 3.5
15.DUTALND 0.62 0.57 0.63 75.5 46.9 2.9
16.REDTONE-WA 0.105 0.085 0.115 74.2 57.7 3.3
17.KUB 0.865 0.86 0.91 73.6 49.8 2.7*
18.REDTONE 0.215 0.20 0.225 65.4 52.7 2.5
19.TIME 0.53 0.50 0.535 65.3 56.1 2.7*
20.UEMLAND 2.88 2.80 2.89 54.5 45.9 4.8*
21.TIMECOM 0.81 0.76 0.81 44.1 45.6 4.4*
FAVOURITES *
"TECHNICAL ANALTSIS - YOUR ROAD MAP TO PROFIT"
TAN