Stock Watch Alerts for 1.8.2011

KLCI - at close 29.7.2011

The market continued to trade lower and the KLCI closed at 1548.81 down 3.10 points 0.20% on the financial situation in the USA and Europe. Will the immediate support at 1540 hold? Be cautious.

Stocks 1 - 7 are overbought.

      Stock                Close   S'port    Resist      RMI   Inertia

1.   WIJAYA             0.77      0.72      0.775     98.5     63.2
2.   AIRASIA            3.93      3.90      4.00       96.0     61.3
3.   QSR                   6.43      6.41      6.46       95.8     63.0
4.   WIJAYA-WA      0.185    0.15      0.19       91.8     53.6
5.   ZECON-WA        0.55      0.52      0.69       88.7     48.8
6.   MRCB                 2.55      2.38      2.56       88.5     54.0
7.   TM                     4.05      4.02      4.15       85.5     57.5
8.   JAKS                  0.70      0.68     0.715      74.1     47.5
9.   HEXAGON-WA   0.115     0.11     0.15       71.5     42.5
10. MAXIS               5.50      5.49      5.50       70.5     54.4
11. MBSB                 1.49      1.44      1.51       57.1     42.7
12. AMMB                6.49      6.48      6.55       46.8     55.2
13. BJCORP             1.19      1.19      1.22        40.4     52.2
14. ECM                   0.895    0.88      0.915     35.4     40.5    
15. MULPHA            0.485    0.48      0.49       18.7     40.8

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To have a clearer view of the chart, just point your mouse on the chart and click - the chart will enlarge itself.

HAPPY TRADING!!

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN