The market recovery continues and the KLCI closed at 1517.56 up 9.0 points or 0.60%. The market remain weak as the KLCI is below its 50 days moving average line indicating its mid term market is still bearish. So be cautious.
Stocks 1 - 11 are overbought but trend intact.
Stock Close S'port Resist. RMI Inertia Rate
1. DIGISTA-WA 0.145 0.14 0.16 96.7 62.9 5.6*
2. PJI 0.235 0.20 0.24 96.3 52.3 5.5*
3. DIGISTA 0.23 0.20 0.23 93.3 54.7 4.9
4. SOZO 0.905 0.905 0.925 93.0 66.8 4.5*
5, DPS 0.155 0.15 0.175 90.9 51.1 3.8
6. AXIATA 5.14 5.08 5.19 83.3 58.5 4.2
7. REDTONE-WA 0.11 0.10 0.115 83.2 57.9 3.5
8. DIALOG 2.31 2.20 2.35 79.8 48.6 3.7
9. MHB 6.58 6.55 6.65 74.2 54.7 3.4
10.MRCB 2.35 2.30 2.37 72.4 47.4 2.9
11.PCHEM 6.23 6.15 6.28 72.0 61.9 2.1*
12.UEMLAND 3.00 3.00 3.07 63.8 40.9 4.1*
13.TIMECOM 0.81 0.775 0.82 55.2 45.6 3.8
14.KENCANA 2.58 2.56 2.64 52.2 45.9 3.2*
15.AIRASIA 2.76 2.74 2.83 38.8 48.7 3.0
FAVOUTITES *
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN