Stock Watch Alerts for 24.2.2011

The recovery at Bursa failed to hold and the KLCI closed at 1511.11 down 2.52 points or 0.17%. The market remain weak.

The following stocks brokeout above their 13 days moving average and are holding well and firm. Stocks 1 - 5 are overbought, trend intact.

     Stock               Close   S'port   Resist.  RMI   Inertia  Rate

1.  DIGISTA-WA    0.15     0.125   0.16     97.4     63.8     4.6*
2.  PJI                    0.235   0.22     0.25     97.3     53.2     4.9*
3.  DIGISTA           0.25     0.24     0.265   96.5     60.0     5.4*
4.  COASTAL          2.71     2.60     2.84     91.6     51.9     3.8
5.  PCHEM              6.25     6.21     6.32     72.0     59.0     2.4
6.  TANCO              0.42     0.33     0.45     69.5     56.5     3.6*
7.  NICORP             0.065   0.06     0.065   62.4     49.3     4.3
8.  FBO                   0.17     0.165   0.17     59.8     48.4     3.0
9.  OCTAGON-W     0.07     0.06     0.07     58.9     47.5     4.4
10.PLUS                 4.44     4.42     4.46     37.9     51.6     3.3

FAVOURITES *

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN