The KLCI closed higher at 1541.27 adding 5.00 points 0.33% but the market momentum is range bound and volatile. Be cautious.
Stocks 1 - 4 are overbought, but the trend of all stocks remain intact.
Stock Close S'port. Resist. RMI Inertia
1. E&O 1.59 1.53 1.63 98.9 60.9
2. MEDIAC 1.31 1.31 1.32 90.0 59.9*
3. ECM 1.00 1.00 1.03 87.4 47.2*
4. KENCANA 2.77 2.76 2.79 74.0 46.5*
5. MALTON 0.74 0.74 0.76 67.3 55.3*
6. CIMB 8.28 8.26 8.33 63.0 46.3
7. GENTING 11.18 11.12 11.26 55.2 57.1
8. UEMLAND 2.76 2.75 2.80 53.2 46.2*
9. BJCORP 1.15 1.09 1.18 45.3 46.5*
10.IOICORP 5.31 5.29 5.32 11.1 46.4*
FAVOURITES *
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN
