The stocks in Bursa staged a modest recovery and the KLCI closed at 1561.93 up 9.04 points 0.58%. The immediate resistance is at 1576.
Stocks 1 - 9 are overbought but uptrend intact.
Stock Close S'port Resist. RMI Inertia
1. FITTERS-WA 0.515 0.515 0.54 92.9 61.0
2. MAA 1.38 1.20 1.47 91.5 60.9*
3. TIMECOM 0.91 0.865 0.915 90.1 57.9*
4. KURASIA 0.455 0.45 0.465 89.0 60.8*
5. MEGB 2.40 2.32 2.47 83.3 57.4
6. BENALEC 1.54 1.54 1.58 81.7 53.5*
7. PETRA 1.14 1.07 1.14 78.3 53.3
8. JCY 0.80 0.745 0.82 77.6 56.3
9. TIME 0.51 0.49 0.515 74.1 55.8
10. ASB 0.285 0.275 0.295 69.8 56.4
11. MKLAND 0.42 0.41 0.435 67.8 52.5
12. KBUNAI 0.225 0.22 0.23 64.6 54.2
13. SINOTOP 0.145 0.145 0.15 62.3 47.6
14. SAAG 0.105 0.10 0.11 57.0 56.2
15. IOICORP 5.72 5.69 5.76 56.5 50.6
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"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN
