Stock Watch Alerts for 24.6.2011

The KLCI eased 4.16 points 0.27% to close at 1563.19 in a quiet and featureless market. Although the KLCI managed to stay above the support level of 1560, the market is weak. Be cautious.

Stocks 1 - 7 are overbought.

     Stock           Close   S'port   Resist   RMI   Inertia

1.  LBS               0.77      0.74     0.78     94.5    62.3
2.  SRIDGE         0.235    0.23     0.245   92.8    66.2
3.  RA                 0.235    0.23     0.24     91.9    56.5
4.  KURASIA       0.485    0.435   0.495   89.9    46.8
5.  DIJACOR-WA 0.49      0.43     0.505   87.1    53.1
6.  EQUINE         0.565    0.545   0.59     86.1    62.1
7.  DIGISTA-WA 0.40      0.385   0.41     84.4    45.9
8.  AMEDIA         0.32      0.305   0.33     72.3    49.2
9.  TENAGA         6.75      6.74     6.78     64.3    44.1
10.BIMB             1.85      1.79     1.88      54.2    48.0
11.UEMLAND      2.79      2.78     2.80      48.3    50.2
12.LIONDIV        0.45      0.44     0.49      48.3    47.9*
13.PERISAI        0.80      0.77     0.81      46.2    47.6*
14.GENTING     11.30    11.20   11.40      29.3    49.9*

      FAVOURITES*

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN