7668 Haio (8-Sep closed):
After rallying for 4 days, finally, it takes a rest. In short term aspect, let monitors for the next possible higher low around BMB10 (3.20) for next entry point with trailing stop below 2.96. A more stable uptrend would have to have the price stays above ema14,21,31 and up swing from there. The middle term outlook from today is still downtrend unless the price could stays above 3.65;
5099 Airasia (8-Sep closed):
Today is T+4 force selling day, low volume, normal. The momentum of up trending still intact thus far. Should it is strong enough to close above 1.93, the higher target of 2.10-2.15 may be treated as next possible target to dart at. However, should the consolidation stays, the likely support level is ema14,21. Otherwise, ema31 should be treated as the trailing stop position.
5878 KPJ (8-Sep, Closed)Manages to closed above ema14.21.31 with volume today. MACD crosses trigger line but still slightly below zero level. Perhaps with a little of push to ~3.60 may reach zero level. Should that little push didn't come by, then treats BMB10 and ema14,21,31 as the support levels and set the trailing stop below 3.36.
1651 MRCB (8-Sep, Closed)Today is T+3 correction (low volume). Correction supportive level ranging from 1.75 - 1.80; Trailing stop below dynamic BMB10 or ema31;
4405 TCHONG (8-Sep, Closed)Today still supported above the ema14, 21, 31 with volume. It is required to break above recent peak (5.10) in order to have MACD crossing above trigger line. If it was strong enough to break above line L2, the next possible targets could be around 5.31, 5.72, 6.38. However, if the break out failed, set the cut loss short below dynamic ema31 or line L1 and excuse trailing stop below 4.65.
6742 YTLPOWR (8-Sep, Closed)SLOW and healthy break up and supported by the broken resistant of 2.31 and supported by ema14 as shown. The increasing in volume and newer high in MACD are supportive indicators for rising momentum. The next possible targets are 2.40, 2.56, 2.64, 2.71, 2.76. Trailing stop below dynamic ema31.
5398 GAMUDA (8-Sep, Closed)Today is T+2 correction. So let's observe the dynamic BMB10 and ema14 as the possible dynamic support levels during the correction. Set the trailng stop below dynamic ema31 or line L1.
1961 IOICORP (8-Sep, Closed)Last minute jump up from 5.37 to 5.45 with higher volume breaking recent high of 5.43. With this closing price, most daily indicators are in supporting uptrend. Bollinger band open 9%, MACD is propagting upwards with round bottom. In fact, it is a Bullish Sanpo candlesticks - Rising Three Methods.
In the weekly analysis, the ema is at the juncture of making a golden crossed, BB open 35%. MACD touching above zero level now. Tendency that this week closing could be high with bullish candlesticks: Three White Soldiers. If this analysis stands, the prospective targets are: 5.53, 5.59, 5.72. Cut loss short below daily dynamic BMB10 (5.32). Trailing stop below dynamic ema31 or BMB10 at around 5.20.
1023 CIMB (8-Sep, Closed)CIMB is consolidating sideway above Bollinger middle band (BMB10 around 7.87). MACD crossed below trigger line is a negative. A bearish divergence is observed on the STC indicator. Unless it closed above line L1 at 8.00, then it could be more positive. Lets monitors with BMB10 support at around 7.87 and treats this as the short term cut loss short upon closing below BMB10 (7.87). Middle term trailing stop below line L2 (7.72).
1368 FABER (8-Sep, Closed)
Uptrend momentum intact. Lets monitor for the next possible break out closing above line L1 (~2.90). Hoping another "Three white soldiers" bullish candlesticks to support the break out rally. Currently is supported by the ema14,21,31 (golden cross?) and MACD is touching the zero level now. A higher low confirms a new trend is yet to monitor along. If the breakout is successful, the next possible targets are: 2.93, 2.98, 3.04, 3.10. However, not to forget the cut loss short below dynamic line L2 or set trailing stop below dynamic BMB10.
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