Stock Watch Alerts for 30.5.2011

The recovery in Bursa continues as investor confidence returns. The KLCI close at 1548.69 up 7.75 points 0.50%.

Stocks 1 - 6 are overbought.

     Stock         Close   S'port   Resist.   RMI   Inertia

1.  TM               3.88      3.87     3.95     95.2     55.3
2.  MHB             7.30      7.29     7.35     89.4     53.8
3.  TENAGA       6.58      6.30     6.58     88.6     51.9
4.  AXIATA        4.99      4.95     4.98     81.3     59.6
5.  MAYBANK     8.85      8.83     8.90     77.2     56.9
6.  BJCORP         1.17      1.14     1.17     74.1     49.7
7.  KENCAN        2.78      2.75     2.78     70.3     47.8
8.  UENLAND      2.82      2.79     2.84     63.8     48.3
9.  GAMUDA       3.84      3.77     3.85     54.2     53.6*
10.GPRO             0.08      0.07     0.09     51.4     50.0*
11.GENTING     11.22    11.15   11.30     42.6     55.6*
12.IOICORP        5.34      5.30     5.39     32.8     50.8*

     FAVOURITES *

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN