Stock Watch Alerts for 16.6.2011

The recovery at Bursa continues and the KLCI closed at 1556.19 up 7.68 points 0.50%. The immediate resistance at 1560 will be tested again.

Stocks 1 - 6 are overbought.

     Stock       Close   S'port   Resist   RMI   Inertia

1.  CME           0.14     0.13     0.14     93.4     62.1
2.  CIMB          8.43     8.41     8.45     89.3     51.0
3.  AIRASIA    3.21     3.19     3.26     86.4     47.3*
4.  MUHIBAH   1.90     1.83     1.91     82.1     54.7
5.  DIGISTA    0.47     0.455   0.485   81.5     49.1*
6.  SIME          9.18     9.18     9.24     76.8     51.5
7.  AXIATA      4.93     4.89     4.97     73.9     55.0*
8.  TENAGA     6.77     6.73     6.83     73.3     53.9
9.  MAXIS        5.52     5.45     5.52     72.8     51.9*
10.E&O           1.64     1.55     1.66      69.3     46.6*
11.MRCB         2.26     2.21     2.28      68.0     45.9*
12.KBB            0.29     0.265   0.29      65.3     50.1*
13.CAREPLS    0.415   0.37     0.425    63.7     48.7*
14.GENM         3.59     3.59     3.65      39.7     49.9*
15.PCHEM       7.18     7.09     7.22      38.5     52.8*
16.IOICORP     5.30     5.29     5.30      35.7     50.1*

      FAVOURITES *

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN