Stock Watch Alerts for 21.4.2011

The market moved higher cautiously. The KLCI closed at 1531.02 up 9.49 points 0.62%. However  the market is fragile. Be cautious.

Stocks 1 - 4 are overbought, uptrend intact.

     Stock            Close    S'port   Resist.  RMI   Inertia

1.  FOCUS            0.12     0.115    0.13     91.6    65.9*
2.  KEYWEST        0.175   0.165    0.18     91.0    57.5*
3.  FOCUS-WA      0.06     0.05      0.065   87.8    58.8
4.  AMEDIA          0.30     0.275    0.315    81.4    66.7*
5.  ALAM              1.18     1.05      1.19      64.6    61.2*
6.  CIMB               8.27     8.25      8.36      63.6    60.7*
7.  RAMUNIA-WA 0.435   0.435    0.445    60.0    57.4
8.  KBUNAI           0.24     0.24      0.26      54.9    53.1
9.  L&G                 0.485   0.485    0.505    51.4    54.4*
10.HWGB              0.69     0.69      0.705    49.7    51.5
11.OLYMPIA         0.375   0.375    0.385    34.5    50.3

      FAVOURITES *

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN