STAR Theme: Media Rst: 0.44 Spp: 0.41 As highlighted this afternoon, the stock has second candle tested Fibo Ext first tier/ 0.41 as good support now, softening indicators shall have limited downside effect at the moment. Likely to follow with trend continuation soon.
BJCORP Theme: Diversified Rst: 0.475 Spp: 0.44 Arrived end of spectrum of Fibo Ext projection, still bullish and no sign of weakness from RSI, MACD but upside shall be limited for the stock now.
WZSATU Theme: Construction Rst: 0.235 Spp: 0.205 The long tail candle emerged on 17-Mar followed by few days of pressure, shall have eliminated the weak players. This also tested MA200 as solid support, pushing the stock back above descending trendline as well.
STAR Theme: Media Rst: 0.455 Spp: 0.44 Candlestick done on Thu & Fri is signal of rejection to Wed bearish Marubozu candle, trend remains intact and as long the stock manages to keep its pace above middle BB, there will be further upside being unlocked towards 0.50 - 0.575 area.
UNISEM Theme: Tech Rst: 8.16 Spp: 7.70 Pressure loomed at level between middle BB to RM8 psychological resistance, likely to follow by pressure towards 7.00 area again. Immediate support holding the momentum now is at Fibo Ext 61.8%.
REVENUE Theme: Payment solution Rst: 1.90 Spp: 1.82 Violation of candlestick into falling wedge formation again, plus pressure from RSI and MACD second bearish crossover may induce further selling in coming days. Likely to see weakness towards 1.76 area.
MMCCORP Theme: Construction Rst: 1.06 Spp: 1.00 The momentum induced by strongly widened BB shall not easily violated below middle BB, so today’s fall below middle BB is the fresh accumulation signal, but you need to expect slightly higher volatility riding this, it may require another dive first before rebound can be initiated.
WASEONG Theme: O&G Rst: 0.92 Spp: 0.825 Doji candlestick, muted pressure from volatile global oil movement the past few days, and the latest move indicates the stock has secured good support at Fibo Ext 23.6%, likely to have further upside.
QES Theme: Tech Rst: 0.485 Spp: 0.46 Doji candlestick, still hovering around Fibo Ext 100%, seeking chance to breakout from this critical level as well falling wedge formation, to cast technical rebound.
STAR Theme: Media Rst: 0.455 Spp: 0.41 Tweezer bottom formation emerged from Fibo Ext first tier new support/ 0.41, likely to see a bit fluctuation below this new support before the stock can continue to rally.
AIRASIA Theme: Airline/ Recovery Rst: 1.18 Spp: 1.14 Fresh signal the stock rejects to fall below new support at 1.15, maintaining this momentum will continue to allow upside to kick in until Fibo Ext 100% area.
WCT Theme: Construction Rst: 0.62 Spp: 0.56 Red candle, supported by upper BB, Bollinger Band continues to widen means upside will continue to stretch towards north. Coming resistance can be found at 0.62 - 0.68 area.
UZMA Theme: Solar/ O&G Rst: 0.85 Spp: 0.795 Bullish pennant breakout supported by good volume and strengthening indicators, the charge may extend towards RM1 but do expect red candle to test your patience tomorrow, in case you’re riding.
INARI Theme: Tech Rst: 3.22/ 3.33 Spp: 3.13 Green doji emerged above MA50, supported by recovering RSI and the entire week’s move tells us support has been forged at Fibo Ext 50%, likely to see recovery back towards Fibo Ext 100%.
DAYANG Theme: O&G Rst: 1.80 Spp: 1.46 Bullish breakout from long consolidated flag formation, which means the stock will now unlock momentum towards upper BB zone, before arriving another resistance at 1.80
DNEX Rst: Upper BB Spp: 0.77 Today’s breakout high chance is one-day show where strong blockage observable from upper BB and RSI has now fail to capture the momentum of price surge, indicating the surge may not last long, do expect weakness to follow tomorrow onwards.
ARMADA Theme: O&G Rst: 0.54 Spp: 0.45 Solidly supported by Fibo Ext 100%, candle continues to forge above upper BB means the upside will further unleash towards next Fibo level soon, since nothing is blocking the momentum now.
UNISEM Theme: Tech Rst: 7.70 Spp: 7.37 MA50 supporting trendline being violated but has came to another key support at Fibo Ext 50%, since the fall emerged from narrow BB, expecting rebound will follow from this level, propelling the stock back above MA50.