Stock Watch Alerts for 8.8.2011

KLCI - at close 5.8.2011

The market close  sharply lower in line with the fall in the global financial markets on account of the financial situation in the USA. The KLCI closed at 1524.43 down 22.46 points 1.45%. The immediate support is at 1504.

Stocks 1 & 2 are overbought.

     Stock        Close    S'port   Resist     RMI   Inertia

1.  TAKASO     0.70      0.595    0.70      99.7     65.8
2.  CYBERT      0.11      0.10      0.12      81.0     56.0
3.  FOCUS       0.065    0.06      0.065    46.4      53.4
4.  DBE           0.08      0.075    0.08      44.7      41.8
5.  AGLOBAL   0.035    0.035    0.04      18.5      43.8

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

TAN