Stock Watch Alerts for 28.6.2011

UEMLAND - at close 27.6.2011
MAYBANK - at close 27.6.2011
AMMB - at close 27.6.2011
 The KLCI continue to move within a narrow range in a sideway market. The KLCI close at 1562.52 down 2.14 points 0.14%.

Stocks 1 - 8 are overbought.

     Stock       Close   S'port   Resist    RMI   Inertia

1.  CIMB         8.75      8.68     8.80     97.8    59.5
2.  LBS           0.805    0.785   0.815   96.1    62.8
3.  DIGISTA   0.525    0.515   0.525   95.6    50.5
4.  CUSCAPI   0.465    0.445   0.47     93.4    55.2
5.  MAGNA     0.985    0.96     0.99     89.2     58.1
6.  WIJAYA    0.435    0.38     0.44     81.7    45.4*
7.  AIRASIA   3.37      3.29     3.38     80.4    48.6
8.  MAYBANK  8.90      8.88     8.91    76.4     54.8*
9.  KENCANA  2.82      2.81     2.82     69.0    49.4
10.LIONDIV   0.48       0.46     0.49    68.2     50.4*
11.SIME         9.20      9.18     9.20     66.2    52.8
12.AMMB        6.49      6.45     6.51     61.8    59.3*
13.UEMLAND  2.82      2.78     2.83     56.4    50.7* 
14.MAS          1.56      1.53      1.59     36.7    47.9*  

     FAVOURITES *

NOTE: Watch the financial sector and AMMB, MAYBANK and UEMLAND closely. 
To have a clearer view of the charts, point your mouse on the chart and click - the chart will enlarge itself.

In a BULLISH market overbought stocks could stay overbought and may even move  higher on continued strong buying interest. However just be cautious. 

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN