The rally in Bursa continues and the KLCI closed at 1540.94 up 7.37 points 0.48%. The KLCI immediate resistance is 1550.
Stocks 1 - 4 are overbought, trend of all stocks intact.
Stock Close S'port. Resist. RMI Inertia
1. GSB 0.14 0.135 0.145 97.5 65.3
2. TM 3.87 3.76 3.87 95.2 53.6
3. AXIATA 4.98 4.97 4.99 82.1 58.6
4. MAYBANK 8.83 8.80 8.84 79.8 57.0
5. BJCORP 1.14 1.12 1.14 71.4 50.0*
6. FOCUS 0.115 0.10 0.115 49.6 45.7*
7. IOICORP 5.30 5.29 5.30 24.8 49.9*
FAVOURITES *
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN