Technical Stocks To Watch on 26/2/2015 - EFORCE (0065)

EFORCE (0065) was well supported by MYR0.890 level since 17/2/2016 and well stayed above the 50-days Moving Average line as well. Besides, it is now hovering within the triangle pattern indicating an indirection for EFORCE in recent movement.

EFORCE Daily Chart

Should EFORCE is trading above the resistance level of MYR0.915 in the next trading days, the break over above the downtrend line of the triangle pattern could take place if the accompanied traded volume is noticeable increased.

Good luck and happy trading!

Disclaimer:

All posts and documents submitted in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.

Technical Stocks To Watch - GESHEN (7197)

GESHEN (7197) made a long shadow doji during the latest session and it also well supported by MYR2.42 level and 50-days Moving Average line.

GESHEN Daily Chart

With the bullish momentum is likely to continue, immediate target to look at is the recent resistance at MYR2.70.

Possible intraday counter to watch - HIL (8443)

Good luck and happy trading!

Disclaimer:

All posts and documents submitted in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.

Breakout Stocks To Watch - JAKS (4723), MRCB (1651) & SCOMI (7158)

JAKS Daily Chart

JAKS (4723) made a breakout of resistance level of MYR1.07 & MYR1.09 accompanied with higher than average traded volume and Bollinger Band opened wider during the latest session.

Immediate target to look at is the Fibo 61.8% or MYR1.18.

MRCB Daily Chart

MRCB (1651) made a breakout of resistance level of MYR1.18 as well as the downtrend line accompanied with higher than average traded volume and Bollinger Band opened wider during the latest session.

Immediate target to look at is MYR1.32.

SCOMI Daily Chart

SCOMI (7158) made a breakout of resistance level of MYR0.16 as well as the downtrend line accompanied with higher than average traded volume and Bollinger Band opened wider during the latest session.

Immediate targetS to look at are MYR0.205 & MYR0.215.

Good luck and happy trading!

Disclaimer:

All posts and documents submitted in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.  

Technical Stocks To Watch on 19/02/2016 – OWG (7235), YINSON (7293), OCNCASH (0049) & KMLOONG (5027)

OWG (5260) closed above the resistance level of MYR2.33 which is also the neckline level of the M-shape formed since 15/12/2015 with Bollinger Band opened wider and improved in traded volume.

OWG Daily Chart

Since the sideway range seems to be ended with a relatively long green candlestick, foresee thebullish momentum bias could leads OWG to climb further ahead should the traded volume is significantly increased in the coming trading days.

YINSON (7293) was well supported by the 10-days Moving Average line (middle Bollinger Band) in the recent sessions and closed above the nearest resistance level of MYR2.80 with higher than average traded volume during the session ended on 18/2/2016.       

  YINSON Daily Chart

With the breakout of the MYR2.80 level may signalling the ended of the short term consolidation mode and bringing YINSON into another further new phase of bull run with the immediate target towards MYR2.93.

As the neckline level of the Head & Shoulder formation was not able to breach below the MYR0.41 level signaling OCNCASH (0049) is still strong in terms of price stability for the time being.

OCNCASH Daily Chart

A further move to test the nearest resistance level of MYR0.445 with noticeable improved in trading volume and Bollinger Band opened wider in the coming trading days, a breach of this level may see a potential further buying with subsequent resistance at MYR0.500.  

Good luck and happy trading!

Disclaimer:

All posts and documents submitted in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.  

Stocks To Watch on 18/2/2016 - SLP (7248) & NTPM (5066)

SLP (7248) was traded lower every day since after tested the all-time-high of MYR2.41 on 13/1/2016 and traded below the downtrend line with very minor traded volume in average daily as well.

SLP Daily Chart

To have firm trend reversal from downturn to upward, SLP need to breach above the downtrend line and in term of price level, SLP need to trade at or above MYR2.12 with significant increased in traded volume.

NTPM (5066) closed above the 10-days Moving Average line (middle Bollinger Band) and downtrend line as well in the latest session.

 NTPM Daily Chart

Should trading volume increased significantly in the coming trading days, foresee NTPM would trade higher with the next and subsequent target level it will test are MYR0.96 and all-time-high of MYR1.01.

Good luck and happy trading!

Disclaimer:

All posts and documents submitted in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.  

Stock To Watch on 5/2/2016 - PWROOT (7237) & TIENWAH (7374)

PWROOT (7237) made a gap up on the latest session with improved volume and Bollinger Band opened slightly wider.

PWROOT Daily Chart

Since the candlestick "hang" to the upper Bollinger Band, this implied a possible positive momentum should lift up the price to further upside and try to fill up the gap that formed on 14/1/2016.

TIENWAH (7374) able to closed 1 tick above the resistance level of MYR2.88 and "hang" to the upper Bollinger Band in the latest session.

TIENWAH Daily Chart 

Should TIENWAH trading stayed above the support level of MYR2.88 with noticeable increased in trading volume, it will try to close the gap that formed on 18/1/2016.

Good luck and happy trading!

Disclaimer:

All posts and documents submitted in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.  

Stocks To Watch on 3/2/2016 - LUXCHEM (5143), MUDA (3883), GESHEN (7197), MIECO (5001)

LUXCHEM (5143) closed breached above the triangle pattern and the 10-days Moving Average (middle Bollinger Band) during the session ended on 3/2/2016. Although LUXCHEM opened lower @ MYR1.70 during session starts but it was able to close even higher than the closed price the day before.

LUXCHEM Daily Chart

Should LUXCHEM is trading stayed above the 10-days Moving Average (middle Bollinger Band) in the coming trading days with noticeable traded volume, foresee LUXCHEM could move further upward with the next level to test is the all-time-high of MYR1.92.

Refer to the blog written on 28/1/2015: http://fatta888.blogspot.my/2016/01/stocks-to-watch-on-2812016-slp-7248.html, MUDA (3883) eventually moved with great upward momentum with significant increased in traded volume and Bollinger Band opened wider as it was well supported by MYR2.29 after undergone the consolidation mode.

MUDA Daily Chart

The next target level for MUDA to test is the all-time-high level of MYR2.60.


GESHEN (7197) was well supported by MYR2.13 and successfully breached above the downtrend lines in the recent sessions but was resisted and closed just nice at the 10-days Moving Average (middle Bollinger Band).

GESHEN Daily Chart

Since the downward momentum is getting weaker and turned to sideway indicating some degree of trend reversal may takes place in next trading days.

Should GESHEN is trading and stayed above the 10-days Moving Average in the coming trading days, a reversal from downward to upward is about to kick off soon.

MIECO (5001) is undergone a consolidation mode in the recent sessions after a great correction since 19/11/2015.

MIECO Daily Chart

Should MIECO is able to break the downtrend line in the next trading days with noticeable increased in traded volume, the bull will leads MIECO to climb higher.

Good luck and happy trading!

Disclaimer:

All posts and documents submitted in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.  

Stocks To Watch on 2/2/2016 - GADANG (9261), HEXZA (3298), OKA (7140), NTPM (5066)

GADANG (9261) was traded with supported by the uptrend line of the triangle pattern after rebounded from the low level of MYR2.03 of the correction period since 12/1/2016 from the all-new-high of level MYR2.58.

GADANG Daily Chart

Should GADANG trading breach above the downtrend line of the triangle pattern in the coming trading days, foresee the bull is coming back to lead GADANG to climb higher again.

An isolated island doji was formed on HEXZA (3298) with higher than average traded volume during the latest session ended.

HEXZA Daily Chart

From the price action that the doji formed in the latest session on HEXZA, the doji was situated outside far away from the lower Bollinger Band indicating some degree of oversold or over react on selling this stock.

Should HEXZA is trading breach above the downtrend line and the highest point of the doji of MYR0.86, the next and subsequent resistance level for HEXZA to test are MYR0.88 and MYR0.90, respectively.

  

OKA (7140) beached above the downtrend line in the latest session.

OKA Daily Line Chart 

Besides the breached of the downtrend line, OKA also traded breakout above the upper ranging range of MYR0.89 but closed exactly on the downward sloping of 10-days Moving Average.

OKA Daily Candlestick Chart

Should OKA is trading higher with noticeable traded volume in the coming trading days, testing the MYR0.970 level should not be a problem for OKA.

NTPM (5066) tested and closed just nice at the downtrend line during the latest session ended.

NTPM Daily Line Chart

Should NTPM trading break above the downtrend line, the bull will return back for NTPM.


Good luck and happy trading!

Disclaimer:

All posts and documents submitted in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.