Technical Analysis May 2023: OMESTI (BURSA: 9008)

 

OMESTI BERHAD

Observation from Chart:

OMESTI (9008) forming lower high & lower low.

 Will it breakout downtrend resistance level?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K at BUY call itinerary.

Immediate resistance @ downtrend resistance level.
Subsequent resistance @ RM0.345 level

Immediate support @ RM0.285 level.
Subsequent support @ downtrend support level.

Let's watch closely Disclaimer.

Technical Analysis Apr 2023: BPPLAS (BURSA: 5100)

BP PLASTICS HOLDING BHD

Observation From Chart:- 

BPPLAS forming desending triangle pattern?

Will it breakout resistance level? 

 

Other indicator:- 

MACD moving toward positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ RM1.23 level. 

Subsequent support @ RM1.15 level. 

Immediate resistance @ RM1.32 level. 

Subsequent resistance @ descending triangle level.

Let's watch closely Disclaimer.

Technical Analysis Apr 2023: BETA (BURSA: 0263)

BETAMEK BERHAD (0263)

Observation From Chart:- 

BETA forming big "W" pattern?

Will it retest RM0.66 resistance level? 

 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ RM0.47 level. 

Subsequent support @ RM0.42 level. 

Immediate resistance @ RM0.575 level. 

Subsequent resistance @ RM0.66 level.

Let's watch closely Disclaimer.

Technical Analysis Apr 2023: TOPGLOVE (Bursa: 7113)

TOP GLOVE CORPORATION BERHAD 

Observation from chart: 

TOPGLOVE consolidate sideway between RM0.93 and RM1.025 

Will it break resistance & go higher?

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on BUY itinerary.

Immediate support @ RM0.93 level. 

Subsequent support @ RM0.835 level. 

Immediate resistance @ RM1.115 level. 

Subsequent resistance @ RM1.025 level. 

Let's watch closely Disclaimer

Technical Analysis Mar 2023: VINVEST (Bursa: 0069)

VinVest Capital Holdings Bhd 

Observation from Chart: 

 

VINVEST forming bolinger band squeeze.

Will it breakout the squeeze & go higher? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate resistance @ RM0.245 level. 

Subsequent resistance @ RM0.25 level. 

Immediate support @ RM0.21 level. 

Subsequent support @ RM0.205 level. 

Let's watch closely Disclaimer.

Technical Analysis Mar 2023: GENS (SGX: G13)

Genting Singapore Ltd 

Observation from Chart: 

GENS (G13) forming higher high & higher low

Will it breakout uptrend resistance & go higher?

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K trigger BUY call, pending confirmation. 

Immediate resistance @ $1.10 level. 

Subsequent resistance @ $1.13 level. 

Immediate support @ $1.08 level. 

Subsequent support @ $1.06 level. 

Let's watch closely Disclaimer.

Technical Analysis Mar 2023: TOPGLOVE (Bursa: 7113)

 

TOP GLOVE CORPORATION BERHAD 

Observation from chart: 

TOPGLOVE break RM0.69 support level

How low will it go?

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on SELL itinerary.

Immediate support @ RM0.61 level. 

Subsequent support @ RM0.57 level. 

Immediate resistance @ RM0.69 level. 

Subsequent resistance @ RM0.75 level. 

Let's watch closely Disclaimer

Technical Analysis Mar 2023: TOPGLOVE (Bursa: 7113)

 

TOP GLOVE CORPORATION BERHAD 

Observation from chart: 

TOPGLOVE forming descending triangle patten.

Will it rebound at support level? Or break the support level ?

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on SELL itinerary.

Immediate support @ RM0.69 level. 

Subsequent support @ RM0.61 level. 

Immediate resistance @ RM0.75 level. 

Subsequent resistance @ RM0.85 level. 

Let's watch closely Disclaimer

Technical Analysis Mar 2023 ARMADA (BURSA: 5210)

BUMI ARMADA BERHAD

Observation from Chart:- 

ARMADA forming higher high & higher low. 

Will it retrace down & retest support level? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate support @ RM0.63 level. 

Subsequent support @ uptrend support line. 

Immediate resistance @ uptrend resistance line. 

Let's watch closely Disclaimer.

Technical Analysis Feb 2023: CIMB (Bursa: 1023)

CIMB GROUP HOLDINGS BERHAD

Observation from Chart: 

CIMB (Bursa: 1023) forming ascending triangle pattern.

Will it rebound at triangle support level? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K at oversold stage.

Immediate resistance @ RM5.52 level 

Subsequent resistance @ RM5.65 level. 

Immediate support @ triangle support level.

Subsequent support @ RM5.10 level.

Let's watch closely Disclaimer