Stock Watch Alerts for 22.7.2011

The recovery in Bursa continues and the KLCI closed at 1565.81 up 3.22 points 0.21%. In the short term the market is expected to trade in a narrow tight range.

Stocks 1 -  6 are overbought.

     Stock            Close    S'port    Resist     RMI   Inertia

1.  FLONIC          0.15       0.13      0.155    96.9     68.6
2.  WIJAYA         0.655     0.56      0.66      95.1     62.3
3.  TAKASO         0.395     0.38      0.40      91.8     64.5
4.  ENG               2.17       1.99      2.19      88.0     56.2
5.  HIAPTEK        1.16       1.04      1.16      80.2     44.8
6.  PBBANK-01  13.40     13.34    13.44      80.2     51.3
7.  ASIAEP-WB   0.035     0.03      0.035     69.5     50.8
8.  SYSTECH        0.355     0.34      0.375    69.0     42.4
9.  WIJAYA-WA   0.10       0.09      0.10      66.2     48.8
10.INGENS          0.095     0.08      0.105    27.2     45.9

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN