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