Stock Watch Alerts for 13.7.2011

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