The rally in Bursa failed to hold and the KLCI slipped 4.44 points 0.28% as investors took profit to close at 1557.49. The resistance at 1576 seemed a big hurdle at the moment.
Stocks 1 - 7 are overbought; the uptrend of all stocks posted remain intact.
Stock Close S'port Resist. RMI Inertia
1. PERISAI 0.86 0.86 0.895 93.2 68.5*
2. MELEWAR 1.13 0.905 1.23 84.2 67.2*
3. BENALEC 1.56 1.54 1.61 83.6 55.7*
4. PETRA 1.10 1.10 1.15 80.0 52.9
5. JCY 0.805 0.80 0.83 77.5 57.5*
6. TIME 0.505 0.505 0.525 74.0 57.2*
7. MKLAND 0.425 0.42 0.44 70.7 53.9
8. HUAAN 0.385 0.395 0.40 69.6 50.9*
9. ASB 0.285 0.285 0.295 68.1 56.5
10.DAYA 0.25 0.245 0.26 66.4 57.2
11.RAMUNIA 0.645 0.61 0.66 66.3 55.6*
12.LIONCOR 0.335 0.33 0.35 64.0 45.4*
13.SINOTOP 0.14 0.14 0.15 60.0 47.4
14.FONICS 0.015 0.015 0.025 38.9 45.5
FAVOURITES *
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN
