0166 INARI

0166 INARI - How high can it go?

INARI is on final leg of wave 5.
After hitting high of RM 2.87, it might retraces to 2.61 or 2.46 area before heading to its
final destination at RM 3.20 / 3.25 region.

If market sentiment not allowed, RM 2.87 might be the peak of wave 5.

5213 SNTORIA

5213 SNTORIA - Breaking out from pennant formation?

Look like wave 2 finishing soon. Powerful wave 3 gonna kicks in!
Pennant formation on daily chart.
Once VOLUME kicks in and breakout from pennant, short term target at RM 1.35

Company recent announcement
5/3/2014  i) Proposed share buy back 10%
                ii) Proposed 1 warrant for 5 existing share
                iii) Proposed increase share capital from 100M to 200M

AGM meeting on 27/3/2014 for the above proposed announcement!

Company 2013 annual report -  HERE!

7251 Barakah

7251 Barakah -  Rebound on sight?

New trading cylce for Barakah after hitting a high of wave 5 at RM 1.90 on 10-2-2014.
It retraced 61.8% to consolidate at RM 1.55 area.
Stage 1 accumulation at the moment.



Barakah 60min chart.

5584 YeeLee

5584  - YeeLee  : Challenging new high!

Based on 1 year chart, Wave 3 is still processing!
If 1.48 can be taken out with good volume, should be testing 1.98 for wave 3 peak.
Volume have been building up for last month

Cup and handle formation??? Though not a perfect cup... but make do make do.  Now... we just need VOLUME for this stock to scale higher! However, directors are disposed some holdings at open market but not at big quantity!  http://klse.i3investor.com/servlets/stk/announce/5584.jsp

Trading plan:
Buy at 1.48 if huge volume kicks in, EXIT if 1.30 break! Short term TP is 1.98.
Price probably will retest 1.48 for support if it manage break it with volume before it scale higher.

Disclaimer: Buy & Sell at your own risk!

7145 Psiptek

In terms of wave count, c correction is forming now. There may be further pullback if 100ma crosses below 200ma which will also trigger macd to issue sell signal. Should there be no pullback, then the trading range between 29.5 to 33.5 shall remain. For a breakout, 33.5 must be taken down with volume. Once passed 33.5, the next immediate resistance is 36.5 and thereafter it will retest its previous 52 week high of 40.5. Strong support is at 29.5 mark.

9776 FARMBEST

A positive breakout on 13/3 with vol of 652k about 2.6x of av vol of 253k. The breakout was further convinced on 14/3 by huge trading vol of 2.7mil. Initial resistance at 0.75 - 0.78 range followed by 0.83 barrier. A breach of 0.83 may pave way for the bulls to challenge the previous 52 week high of 0.95. Immediate support at 0.64; followed closely by 0.61 mark.

0021 GHLSYS

break 83.5/84, immediately retest 0.915 ...if broke again 0.915 again wth volume should be 0.965 no problem 

hope can found wave 4 END bottom at 0.765.....bcus correction done C  yesterday 14 march ....

5071 COASTAL

Coastal 12-3-2014

After it achieved high of 4.80 on 20/8, it retraced nicely 23.6% to 4.12 on March 3rd for wave 4.

Chart wise it looks like wave 5 is processing with final TP around 5.90.

Share price will scale higher if it manage to break 4.85. Long term resistance pointing at 4.92.

Depending on market sentiment, buy on strength if it manages to crack 4.92.

Disclaimer:  The chart is for educational purpose only. If you decide to take position, please consult with your remisier!

Kfima

kfima is the first dish recommended by this house to all our lovely guests .... 

based on chart, broke out the strong resistance 2.11 ... ....today touched 2.27 with 3x volume ... it is expected to break 2.27 to reach a new high at 2.50 and thereafter 2.67. lets enjoy this wonderful journey together. :D http://klse.i3investor.com/servlets/forum/900776253.jsp