Stock Watch Alerts for 20.7.2011

The market continued to move lower on the sell-off in financial stocks and certain index linked counters. The KLCI closed at 1555.64 down 6.94 points 0.44%.

Stocks 1 - 7 are overbought.

      Stock           Close    S'port   Resist    RMI   Inertia

1.   DVM              0.17      0.125    0.17     95.9     66.5
2.   WIJAYA        0.62      0.56      0.62     94.4     60.4
3.   TAKASO        0.39      0.38      0.39     90.8     63.9
4.   KURASIA       0.57      0.535    0.575   87.3     58.0
5.   AIRASIA       3.55      3.48      3.56     85.2     60.2
6.   PALETTE       0.085    0.08      0.085   76.3     56.8
7.   ASIAEP         0.065    0.05      0.065   76.3     45.9
8.   DXN              1.40      1.29      1.40      72.1     53.2
9.   JOTECH         0.145    0.14      0.145   64.3     56.0
10. WIJAYA-WA  0.095    0.09      0.10     62.6     46.9

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN