Stock Watch Alerts for 1.6.2011

The KLCI surge upwards as investors' confidence return and renewed buying interest in the afternoon session gathers momentum. The KLCI closed at 1558.29 up 15.45 points 1.00%. The immediate resistance at 1577 will be tested again.

Stocks 1 - 8 are overbought.

     Stock      Close   S'port   Resist   RMI  Inertia

1.  TENAGA    7.11     6.52     7.20     92.4    54.3
2.  DIALOG     2.80     2.75     2.81     89.0    55.2
3.  MAGNA      0.94     0.91     0.95     87.3    55.2
4.  DIGISTA    0.46     0.44     0.465   86.1    54.2
5.  AXIATA      5.00     4.99     5.07     80.3    60.7
6.  KULIM        3.68     3.44     3.73     78.0    52.6*
7.  PLUS          4.49     4.48     4.50     76.8    66.6*
8.  BJCORP      1.21     1.18     1.24     76.5    50.6
9.  MAYBANK   8.91     8.84     9.00     72.8    55.2
10.AMMB         6.47     6.45     6.57     64.4    49.3
11.KULIM-WC  0.95     0.855   0.975   56.3    46.3*

      FAVOURITES *

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN