The rally in the market continues as confidence returns and the KLCI closed at 1491.89 up 10.07 points 0.68%. However the market remains uncertain due to the economic situation in Europe and the USA. Be cautious.
Stocks 1 - 14 are overbought but uptrend remain intact and could move higher on bridging their immediate resistance levels.
Stock Close S'port Resist RMI Inertia
1. HARVEST-WA 0.34 0.205 0.39 97.7 60.5
2. JCY 0.605 0.535 0.625 95.9 58.7
3. HWGB-WB 0.32 0.285 0.345 93.4 60.9
4. IRCB-WA 0.10 0.085 0.105 92.8 54.7
5. OLYMPIA 0.305 0.27 0.31 90.1 63.1
6. MBSB-WA 0.905 0.82 0.91 89.1 68.5
7. ZELAN 0.39 0.345 0.40 89.0 57.3
8. AIRASIA 3.90 3.84 4.00 87.3 70.8
9. MBSB 1.77 1.65 1.77 85.1 63.7
10. TANCO 0.235 0.225 0.245 80.9 60.5
11. RSAWIT 1.43 1.22 1.44 78.2 56.6
12. UEMLAND 2.21 2.02 2.29 76.9 52.6
13. SIME 8.90 8.71 8.93 72.2 61.2
14. CIMB 7.57 7.29 7.58 71.4 57.9
15. MAA 0.51 0.47 0.53 54.4 53.9
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFITS"
TAN
