The market traded for the whole week in a narrow range sideway market. The KLCI closed for the week at 1556.19 up 5.30 points 0.34%. For the short term the market remained neutral to bullish.
Stocks 1 - 4 are overbought.
Stock Close S'port Resist RMI Inertia
1. SRIDGE 0.245 0.235 0.235 99.2 64.8
2. TURIYA 0.94 0.90 0.955 91.4 59.9*
3. CIMB 8.41 8.39 8.43 87.1 49.6
4. MLAB-WA 0.07 0.065 0.07 80.0 53.8
5. TPC 0.255 0.245 0.265 74.1 53.0
6. MUHIBAH 1.80 1.76 1.82 71.5 54.3
7. KENCANA 2.87 2.80 2.92 64.8 53.6
8. KEYWEST 0.17 0.165 0.175 51.0 49.8*
9. GENTING 11.32 11.10 11.34 46.9 56.1*
10.PERISAI 0.785 0.77 0.80 46.7 45.7*
11.PCHEM 7.05 6.97 7.15 44.6 50.9*
12.RCECAP 0.54 0.51 0.545 39.6 46,4*
13.MAYBANK 8.78 8.78 8.81 35.1 55.4*
FAVOURITES *
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN
