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