FKLI - 11 points added since we highlighted, the index is now testing to break short term resistance trendline, with the facilitate of MACD & RSI, chance to break is high. Support at middle BB/ 1,572
YINSON - Today's long bearish bar may probably create a lot doubts among investors. Of course, this is sell on news candle. But is there any room left to run? Judging from the candle closing, which is done right above immediate support - 6.97/ upper Bollinger Band, and BB just started to widen, also RSI & MACD are both surging towards north, these positive factors...
MFCB - The stock just stage for another round of bullish breakout, which you shall expect further upward continuation. MACD just done bullish crossover, RSI & MACD sloping upward. Resistance can be found at 4.65, support level observable at 4.29
FKLI - 4 hours chart has pushed above middle Bollinger Band and sharp rise in MACD & Stochastic suggest upside momentum shall sustain to higher level. Current support at 1,560, resistance observable at 1,579.50
MISC - The stock has staged for bullish pennant breakout with widening Bollinger Band. RSI & Stochastic going northward and MACD just done bullish crossover. Further upside can be expected. Support level at 7.98, while resistance level based on Fibonacci Extension, shall extend to between 8.34 to 8.56
FKLI - Our index futures still plagued by consistent bearishness, no sign of recovery can be observed from RSI, MACD & Stochastic at the moment. And widening Bollinger Band suggests the momentum shall continue to drag towards 1,530
SEACERA - Just recently broke out from MA200 with widening Bollinger Band, MACD & RSI both still in their bullish trajectory. We anticipate the stock is now trying to complete its consolidation formation within the symmetrical triangle drawn in the chart, any chance to breakout shall unleash fresh bullish momentum towards 0.315, support observable at MA200/ 0.245....
KRONO - Bullish breakout from 0.64 after morning star formation emerged on Friday, but the stock hit immediate resistance at 0.67 this morning, so what's next? Given current momentum, rising RSI & Stochastic suggest way towards north is still possible as long it can sustain above 0.64. Next challenge at 0.685
LHI - Bullish momentum remains intact after the stock staged bullish breakout from rounding bottom formation, as latest candle is formed above upper BB, both RSI & MACD continue their northward trajectory. Support level is observable at 0.865, the closest resistance can be expected at 0.925
FKLI - Our index futures shall continue its downward trajectory after slipping down from symmetrical triangle formation, widening Bollinger Band and bearish crossover of Stochastic will lead the index way lower. Support level at 1,530; resistance level at 1,580
FKLI - Our index has just broke down from crucial support level at 1,580 and at the same time broke out from symmetrical triangle, which is bearish continuation signal. Stochastic is weakening again. Further downside can be expected towards 1,530
REVENUE - Bullish candlestick pushing the stock to breakout from symmetrical triangle formation, this came with stronger than usual buying volume, Stochastic is ticking upward. You may expect further upside. Support level at 1.48; while resistance is observable at 1.62. Do note the stock may need to survive above MA50 as well to validate its upside momentum.
FKLI - Our index future is still testing important support level at 1,580. Bollinger Band is narrowing which signals the index is seeking new direction. If it breaks below this important support, it will form bearish breakout from symmetrical triangle which is shall unleash stronger downside. RSI remains weak, no sign of recovery. Support again, is at 1,530
GPACKET - Momentum remains bullish but it may have reached strong hurdle at 0.76 (this level coincides with Fibonacci Retracement - 150%). And beware RSI has early bearish divergence signal. Immediate support level at 0.73
NTPM - Bullish candle with substantially strong buying interest, affirming the stock support at MA50/ 0.415, indicators are pointing for further upside. Further trading interest shall propel the stock towards MA200. Any chance to breakout from MA200 will generate stronger momentum for the stock. Next resistance at 0.49.
MMAG - This thinly traded stock is suddenly flushed with stronger than average buying interest, pushing it sharply. Indicators seem promising, Bollinger Band is widening & sloping upward. Is there further space left? We think the risk of riding the stock is high at current level. Resistance is getting closer at 0.35. We particularly do not like stock with sudden...
GENM - Many may doubt whether the hard-hit stock is at the right point to go for bottom fishing. Well, based on technical, stock that's being punished below 200-days MA (crucial supporting trendline) will take some time to recover & will need strong catalysts in terms of fundamental/ news flow to do so. The bigger picture still heading down. But, is there...
RGTECH - Completing Cup & Handle formation if able to breakthrough resistance at 0.265. Strong support is observable at 0.24. Volume healthy and MACD on the verge forming bullish crossover. Next challenge at 0.315