INFOTEC - at close 12.7.2011
KENCANA - at close 12.7.2011
KLCI - at close 12.7.2011
The KLCI fell 10.48 points 0.66% as expected to close at 1578.10 inline with the fall in Hang Seng which fell 684.07 points 3.06% to close at 21663.16. Short-term the market is weak as investors fear the situation developping in Europe and USA. Be cautious.Stocks 1 - 2 are overbought.
Stock Close S'port Resist RMI Inertia
1. WIJAYA 0.44 0.425 0.44 88.5 58.6
2. SRIDGE 0.28 0.27 0.295 87.7 54.3*
3. INFOTEC 0.24 0.22 0.25 73.1 51.6*
4. SUNREIT 1.14 1.12 1.14 72.2 66.8
5. KENCANA 2.94 2.82 2.95 61.9 46.8*
6. NEXTNAT 0.055 0.05 0.055 44.4 46.7
FAVOURITES *
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN