Stock Watch Alerts for 23.6.2011

The recovery in the market continues and the KLCI closed at 1567.35 up 6.56 points 0.42%. The overall market sentiments remain weak. Be cautious.

Stocks 1 - 5 are overbought.

     Stock       Close   S'port   Resist    RMI   Inertia

1.  LBS            0.74     0.72      0.74     93.0    61.5
2.  SRIDGE      0.23     0.22      0.245   92.5    66.0
3.  CEPAT       1.48     1.40      1.49      85.3    52.0*
4.  SILVER      0.63     0.60      0.635    80.7    50.6*
5.  AIRASIA    3.16     3.14      3.18      79.1    45.6
6.  MRCB         2.24     2.20      2.25      64.9    47.2*
7.  SPSETIA    4.20     4.19      4.20      63.8    47.8
8.  LIONIND    1.87     1.64      1.87      59.8    47.9*
9.  YTLPOWR  2.23      2.19      2.23      46.5    45.1
10.IOICORP    5.36      5.31      5.36      46.4    50.1*
11.UEMLAND  2.78      2.77      2.80      45.2    50.1*
12.LIONDIV    0.44      0.395    0.445    37.5    45.7*
13.GENTING 11.20    11.01    11.20      22.2    48.9*

      FAVOURITES *

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN