Technical analysis is the forecasting of market prices by means of analysis of data generated by the process of trading. Technical analysis relies on the assumption that markets discount everything except information generated by market action, ergo, all you need is data generated by market action. Let's join and discuss the technical analysis in depth on particular stock with the traders all over the world.

Thursday 31 May 2012

Perdana

Becareful with Perdana, if 0.48 support break, free fall!!

OSK

Support found at 1.50?

ANNJOO

Annjoo potential reached bottom at 1.62.  Technical rebounce in place soon.

Sunday 13 May 2012

YINSON (7293)

Yinson is good to keep in the watch list, new high!
Trend: Uptrend (Bull)
MACD: Bull
RSI: Bull
STO: Bull
Volume distribution: Buy force > Sell force (Bull)

Conclusion: 5 Bulls

Entry:1.92
TP: 1.99
CL:1.84

LFECORP (7170)


LFECORP is interesting, extraordinary high volume! Lets analyze it technically
Trend:Side way (Neutral)
MACD: Bullish line cross above bearish line (Bull)
RSI: 70% (Bull)
STO: Above 50% (Bull)
Volume Distribution: High buy force (Bull)
Conclusion: 4 bulls 1 neutral

Entry: Fish at 0.15
TP:0.17
CL: 0.14

CRESBLD (8591)

This stock is good for technical rebounce play, the strategy must be fast in fast out or see money take money, okay?
Entry:1.01
TP: 1.05
CL:0.975

PREMIER (9458)


Last Friday Premier big buying volume coming in, someone push the price from 0.345 to 0.395 at eod.  Will the rally cont on Monday?  Here is my analysis on her:
Trend: Side way (Neutral)
MACD: Buliish crossover bearish (Bull)
RSI: Above 50% (Bull)
Sto: Cross 50% from below (Bull)
Volume Distribution: Huge buying volume (Bull)

Conclusion: 4 bulls 1 neutral

 Entry:0.405
TP: 0.445
CL:0.385