The market edged higher inline with the higher close in the Asian markets. The KLCI struggled to close at 1506.30 up 0.97 point or 0.06%.
The trends of the following stocks remain intact although they are overbought. Charts for some of these stocks were posted earlier and they could be referred for a clearer view.
Stock Close S'port Resist. RMI Inertia Rate
1. JOTECH 0.165 0.165 0.17 98.9 63.2 3.9
2. JOTECH-WA 0.115 0.11 0.125 98.8 61.2 5.0
3. DUTALND-WA 0.40 0.375 0.44 97.6 55.4 6.9*
4. SKPRES 0.305 0.265 0.33 97.4 59.2 8.9*
5. LIONCOR 0.385 0.36 0.415 96.0 59.7 3.8
6. ASB 0.335 0.305 0.34 96.0 63.2 4.6*
7. DIGISTA-WA 0.14 0.12 0.15 95.7 61.3 5.5
8. FRONTKN-WA 0.20 0.19 0.21 94.8 65.4 6.1*
9. TIGER-WA 0.125 0.105 0.13 94.7 58.0 4.7
10.PJI 0.21 0.205 0.215 94.7 53.3 4.6
11.LIONCOR-WB 0.25 0.215 0.28 94.5 61.8 6.0
12.ASB-LA 0.175 0.145 0.18 94.0 62.8 5.2
13.PALETTE 0.085 0.085 0.10 93.2 58.9 4.8
14.MOBIF 0.095 0.08 0.10 91.6 60.0 4.5
15.FRONTKN 0.235 0.235 0.25 90.6 56.3 5.2
16.MARCO-WA 0.085 0.075 0.085 80.0 53.4 2.9
17.FITTERS-WA 0.36 0.305 0.385 79.2 54.2 5.2
18.TIME 0.52 0.52 0.535 69.2 56.2 2.7
FAVOURITES *
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN
