The market recovery continues. The KLCI managed to move above its 13 days and 50 days moving averages and also touch its 20 days moving average indicating a possible market trend reversal.
Stocks 1 - 7 are overbought but trend intact.
Stock Close S'port Resist. RMI Inertia Rate
1. PJI 0.24 0.235 0.25 96.8 52.3 5.8*
2. DIGISTA 0.24 0.23 0.25 95.1 56.7 5.1*
3. KIANJOO 1.95 1.83 1.97 93.6 56.4 6.9*
4. MITRA 2.13 1.99 2.13 91.3 50.5 2.4
5. COASTAL 2.69 2.61 2.84 85.5 53.0 4.3
6. AXIATA 5.09 5.09 5.19 84.0 58.7 4.0
7. DIALOG 2.30 2.30 2.42 80.9 50.1 3.7*
8. PCHEM 6.26 6.23 6.32 68.0 61.6 2.2
9. MASTEEL 1.32 1.32 1.34 63.2 50.2 2.5
10.TIMECOM 0.80 0.80 0.82 58.2 46.0 3.6
11. KLLK 21.98 21.98 22.06 52.1 47.9 3.6
12. MAYBANK 8.86 8.66 8.88 30.5 45.4 4.1*
FAVOURITES *
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN
