Stock Watch Alerts for 16.3.2011

The KLCI continued to move lower as fears swept across the Asian financial markets caused by the nuclear explosion in Japan. The KLCI lost over 20 points at one stage but managed to recover and finally lost only 11.21 points 0.75% to close at 1484.14. The market remain weak and fragile. Be cautious.

     Stock           Close  S'port  Resist.  RMI  Inertia

1.  INGENS        0.19    0.185   0.20     91.1    55.3
2.  MBSB            1.61    1.61     1.63     76.5    52.2
3.  BJRTAIL       0.64    0.64     0.645   60.8    40.1*
4.  WTK             1.37    1.33     1.38     44.9    43.0*
5.  TOPGLOV     5.33    5.05     5.38     42.5    33.7*
6.  SUPERMX     4.39    4.18     4.42     40.4    37.1*
7.  OSK             1.70    1.70     1.74     25.1    28.0*
8.  PARKSON     5.42    5.42     5.46     24.1    38.1*

FAVOURITES *

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN