FRONTKN Rst: 4.95 Spp: 4.70 As highlighted in group, there’s tendency to see further retracement in the view the stock has violated below Fibo Ext 100% with RSI bearish divergence plaguing the momentum now.
SKPRES Rst: 2.35/ 2.48 Spp: 2.28 Yesterday weak candle being rejected, but still facing strong hurdle at long term RB formation neckline. Can continue to monitor
D&O Rst: 2.79 Spp: 2.60 Adjusted Fibo Ext projection, obviously strong resistance is built at Fibo Ext 100%, the quadruple bearish RSI divergence and MACD bearish crossover are on its way to cast significant pullback for the stock soon.
SLVEST Rst: 3.00/ 3.37 Spp: 2.70 No major sign of deterioration, neither from RSI nor MACD. This super strong trend will not easily get dissipated as it’s supported by super broad BB as well substantially strong trading volume.
FREIGHT Rst: 1.29 Spp: 1.17 Latest 3 candles shown the stock reluctance to give up its strength below upper BB, with healthy volume continued to emerge, with support of bullish indicators, further strength will follow.
SCIB Rst: 2.86 Spp: 2.30 Same like its sister company Kpower, it remains firmly bullish but with the emergence of another buying climax today, there’s tendency the momentum to have arrived its peak now. Coming resistance at 2.86
SOLUTN Rst: 1.48 Spp: 1.22 Solid green candle broke from falling wedge formation, indeed the breakout is initiated on Friday, so if you miss the ride strongly not encourage to chase. A breakout forged from narrow BB, will not be sustaining
INARI Rst: 3.48 Spp: 3.21 Adjusted Fibo Ext projection based on new breakout level at 2.78, obviously the magnitude of surge has sharpened, which mean strong bullish momentum will continue be unleashed, new level the stock can hit potentially observable at 3.48.
ZHULIAN Rst: 1.86/ 1.98 Spp: 1.73 Green candle extrapolated above upper BB, breaking out from Fibo Ext first tier support as today’s move is significant as it broke long term RB formation. Strength will continue to flow into the stock.
UNISEM Rst: 8.16 Spp: 7.70 The resurgence of green candle, neutralised yesterday bearish engulfing formation, which also confirmed Fibo Ext 50% as strong support now, may facilitate further upside to 100% area.
D&O Rst: 2.66 Spp: 2.18 Triple RSI bearish divergence signal is very clear and this shall cast further pressure for the stock moving forward, don’t get me wrong, it doesn’t mean the bullish momentum will dissipate anytime soon, you may still find trading opportunity on this
MRDIY Rst: 3.01 Spp: MA50 Evening doji formation, the violation of Fibo Ext 161.8% plus continued weakness among indicators, will charge the stock lower, we shall see retracement to continue towards MA50
TM Rst: 6.00/ 6.28 Spp: 5.60 Bullish uncharted territory breakout plus push above Fibo Extension 100%, will generate continue trading interest towards 161.8%, as this is second push after failed attempt on 12-Jan, the success rate is high.
MYEG Rst: 1.89 Spp: MA50 Falling wedge breakout, sign of improvement and coming days, the stock may retest support at MA50 to build another leg for true rebound. Key hurdle to break now is Fibo Ext first tier at 1.89
UWC Rst: 10.00/ 11.30 Spp: 9.56 Trend continuation, bullish breakout done from falling wedge formation, meaning the stock will now progress to next Fibo level at 11.30
SUPERMX Rst: MA50 Spp: 6.85 Second candle affirmed its foothold above Fibo Extension 61.8%, meaning the technical rebound still consist of strength to continue, shall see a break above the descending trendline (refer to chart) before it starts to soften.
HLT Rst: 1.86 Spp: 1.46 Breakout emerged from very narrow BB & it’s done too steep, meaning this surge will not last even it came with substantially strong buying interest. Expecting pullback to follow on Monday.
CNI Rst: 0.14/ 0.165 Spp: 0.11 Bullish breakout from psychological resistance 10sen, and with BB strongly widened and RSI pushed above 80%, pure bullish mode is set to unleash towards Fibo Ext 161.8%.