Random Charts >>> YTLPWR-WB, EDEN, KLCI, ZELAN, KNM

YTLPOWER-WB will attract a lot of attention since mama 6742 YTLPOWER has been comfirmed as a FBM KLCI 30 component

EDEN speculative >>> nothing more nothing less

REMINDER >>> KLCI facing a potential DOUBLE TOP @1095. For more infos >>> Click this link below .........

http://zlbursatheme.blogspot.com/2009/06/technical-analysis-2009-6-25-composite.html

ZELAN always hvave respective volume to booth

KNM? No need words >>> U know this bugger better than me HAHAHA!!!

HAPPY TRENDING FOLKS !!!

Random Stocks Charts KLCI Genting Berjaya Sports Toto

Composite Index 19/02/2009 / 综合指数 2009年 02月 19日

Composite Index Daily Technical Analysis 19/02/2009
As indicated by A, the KLCI ended 4.36 points higher on Thursday, breaking above the Bollinger Middle Band. Support for the KLCI remains at 885 Automatic Fibonacci Retracement while the resistance is still at 905 Automatic Fibonacci Retracement.
As shown on the chart above, the KLCI is still fluctuating between the L1 and L2 Symmetrical Triangle, while the Bollinger Bands Width also contracted, this suggests that the KLCI is still consolidating.
As indicated by B, total market volume increased 10.3% on Thursday, but still below the 40-day VMA level. This shows that the overall market participation is still low, thus the KLCI is less likely to pick up any strength.
As circled at C, the Stochastic rebounded and returned to above 70% level. If the Stochastic should remain above 70% level, the KLCI might resume its short term bullish movement. Nevertheless, the short term bullish movement of the KLCI has to be confirmed with volume above the 40-day VMA level, or else, the Stochastic signal may just be over sensitive for now.
Technically, when the Bollinger Bands Width is contracting, the KLCI is expected to consolidate until a re-expansion of the Bollinger Bands Width . The new movement of the KLCI shall only be revealed by the position of the KLCI above or below the Bollinger Middle Band as the Bollinger Bands Width re-expands. Also, a breakout above or below the symmetrical triangle would be a reliable signal for the new KLCI movement.

综合指数 2009年 02月 19日

如图中箭头A指示，综合指数回弹并且上探布林中频带（Bollinger Middle Band）的动态阻力水平，综指按日上扬4.36点或0.5%。综指目前的支持水平依然是885点的胜图自动费氏线，阻力水平则依然落在905点的胜图自动费氏线。
如图所示，综指继续徘徊在对称三角形（Symmetrical Triangle）的范围之内，加上布林频带继续的收窄9%，所以综指将继续的维持在巩固的格局里，直到布林频带重新打开或综指开始突破三角形为止。
如图中箭头B指示，马股的成交量增加了10.3%，惟还是未能突破40天的成交量平均值，这表示了市场的交投不活跃，投资者在综指巩固时保持观望的态度，这使到综指继续倾向横摆巩固。
如图中C圈指示，随机指标（Stochastic）回弹并稍微突破70%的水平，所以随机指标接下来若能够继续的保持在70%水平的话，那么综指短期将有望恢复短期上扬的局势。无论如何，综指若要转强的话就必须要配合成交量高于40天平均值来确认，否则随机指标的讯号只是短期指标在综指横摆时过敏罢了。
总的来说，布林频带目前正处于收窄的状态，这显示综指正酝酿着一个新趋势，而这新趋势将在布林频带再度打开时确认其方向。另一方面，综指突破三角形也是一个有效且准确高的讯号，在技术分析来说，综指的新趋势将是综指突破三角形的方向。

综合指数 2009年 02月 18日 / Composite Index 18/02/2009

综合指数 2009年 02月 18日

由于隔夜美国道琼指数暴跌将近300点，所以亚太区域股市也纷纷出现开低的格局，这使到综合指数跌破了布林中频带（Bollinger Middle Band)的动态支持水平（参考图中箭头A）。无论如何，综指周三只下跌3.3点或0.4%，所以只要综指能短期内回升至布林中频带以上的话，那么综指还是有望避开下跌的局势。

如图所示，布林频带还是继续的收窄（-3%），再加上综指依然处于L1及L2线所构成的对称三角形（Symmetrical Triangle）里，这表示综指目前继续的处于巩固格局中。换句话说，综指目前继续的处于调整巩固中，直到布林频带再度打开为止。无论如何，综指的支持水平依然落在885点的胜图自动费氏线，阻力水平则是905点的胜图自动费氏线。

如图中箭头B指示，大马股市交易所的成交量萎缩14.4%，所以成交量继续的处于40天的成交量平均值以下，这表示目前整体市场的交投淡静，投资者依然在综指后市未明朗化之前采取观望的态度，这表示综指倾向于巩固的状态，暂时未能转强。
如图中C圈指示，随机指标跌破了70%的水平，所以随机指标必须短期内回弹并突破70%的水平，否则综指将继续技术调整（Technical Correction)，换句话说，综指短期有开始转弱的风险。

总的来说若布林频带继续收窄的话，综指还是处于巩固的格局中。从技术分析的角度来看，最好的调整是横摆；综指将继续的维持现状，直到布林频带重新打开，届时综指的新趋势将取决于综指处于布林中频带的相应位置。

Composite Index Daily Technical Analysis 18/02/2009
As indicated by A, the KLCI ended 3.30 points lower on Wednesday, closing below the Bollinger Middle Band. Meanwhile, the Bollinger Bands Width continue to contract 3%, suggesting that the KLCI is still consolidating.

As shown on the chart above, the L2 and L1 Symmetrical Triangle remains in place, while the support for the KLCI is still at 885 Automatic Fibonacci Retracement; resistance for the KLCI is still at 905 Automatic Fibonacci Retracement.

As indicated by B, total market volume declined 14.4%, with the volume below the 40-day VMA level. Again, if volume should stay below the 40-day VMA level, it suggests that the overall market participation is still insufficient, as the KLCI direction is still unclear. Without sufficient market participation, the KLCI is likely to consolidate further with some downside biased.

As circled at C, the Stochastic break below 70% level, giving a signal suggesting a beginning of a technical correction. Therefore, the KLCI has ended its short term bullish signal. Unless the Stochastic could return to above the 70% level in the near future, the short term market movement of the KLCI is expected to turn weak.

The KLCI is dragged by the overnight Dow Jones Industrial Average losing nearly 300 points, coupled with the losses in most Asian markets. However, with the Symmetrical triangle still in place, the KLCI is set to consolidate further.
HAPPY INVESTING

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Dow exploring lows >>> KLCI uptrend in peril

Dow exploring lows
KLCI uptrend in peril
The Dow has now broken the 7,882 support convincingly. There is no doubting the Dow
bears now, it is intent on testing the strength of the ultimate low of 7,449. If it is strong enough, it could also possibly even be creating new lows. The “deep sea explorations” of the bears will introduce perils to global markets and our KLCI.



KLCI : How badly will the KLCI bulls be hit?
While some last-minute buying activity helped to provide some consolation to the KLCI’s bearish session yesterday, the KLCI today will still be put in grave danger by the Dow bulls. The critical support band of the KLCI is pegged at the 890-900 level. Right now we are 8 points away from this level. Our only hope that the KLCI uptrend won’t be ruined today would be the marginally decreasing correlation between the Dow and the KLCI in the last
few weeks.

As can be seen from the correlation chart below, the correlation between the Dow and the KLCI is still decreasing. Let’s hope that this downward correlation trend will help preserve the KLCI’s critical 890 support today.

HAPPY INVESTING & GOODLUCK2ALL

综合指数 2009年 02月 17日 / Composite Index 17/02/2009

综合指数 2009年 02月 17日

由于受到亚洲区域股市下跌的影响，大马综合指数也不可避免的下挫8.66点，惟如图中箭头A指示，综指精确的在布林中频带（Bollinger Middle Band）上反弹，表示了布林中频带目前依然是综指的动态支持水平。如图所示，布林频带开始收窄2%，这意味着综合正进入巩固的格局。

另一方面，综指形成了一个对称三角形（Symmetrical Triangle），图中L1线为动态支持水平，L2线则是动态阻力水平。对称三角形表示综指正处于巩固的状态，所以综指接下来的走势将继续的维持在一个巩固的状态，直到综指成功突破L2或跌破L1线为止。无论如何，885点的胜图自动费氏线依然是综指的支持水平，905的胜图自动费氏线则继续是综指的阻力水平。

如图中箭头B指示，大马股票交易所的成交量比昨天减少了11.2%，所以成交量继续的处于40天的平均值以下，这表示了目前市场的交投还是属于淡静的。一般来说，当综指正处于巩固格局时，成交量减退也是很正常的。无论如何，如果综指要突破L2线后形成上扬趋势的话，那就必须要配合成交量达到40天的平均值以上来确认突破的讯号，届时综指才有望恢复转强的局势。

如图中C圈指示，随机指标（Stochastic）在试探着70%的支持水平，若随机指标跌破70%水平的话，那么将表示综指出现短期技术调整，同时也暗示着综指后市有转弱的风险。
总的来说，综指目前所形成的对称三角形也配合了布林频带收窄的讯号，这是技术分析中一个重要的讯号。综指目前的将继续的维持巩固的状态，直到布林频带重新打开或综指突破对称三角形为止。

Composite Index Daily Technical Analysis 17/02/2009
As indicated by A, the KLCI ended lower on Tuesday, with its daily low precisely supported by the Bollinger Middle Band before closing at 898.53 points. Therefore, the Bollinger Middle Band is still serving as the dynamic support for the KLCI.

As shown on the chart above, the Bollinger Bands Width started to contract 2%, suggesting the KLCI is now consolidating.

Meanwhile, the KLCI is forming a symmetrical triangle with L1 being the dynamic support and L2 being the dynamic resistance.

The symmetrical triangle also suggests that the KLCI is at its consolidation as the market direction is still unclear until a valid break out above the L2 or below the L1. Nevertheless, other supports for the KLCI remain at 885 Fibonacci Retracement while the 905 Fibonacci Retracement is still a resistance for the KLCI.

As indicated by B, total market volume decreased 11.2% on Tuesday, with volume staying below the 40-day VMA level. This shows that the overall market participation still low as investors are still being cautious while staying on the sideline. Nevertheless, it is generally normal to have lower volume during a consolidation, but if the KLCI should break above from the Symmetrical Triangle, volume above the 40-day VMA level is a must to confirm a valid break out.

As circled at C, the Stochastic is testing the 70% level, while still holding up at the short term bullish region. If the Stochastic should break below 70% level, it would be a signal suggesting beginning of a technical correction, thus the KLCI short term movement is expected turn weak.

In short, the formation of the Symmetrical Triangle is in line with the contraction of the Bollinger Bands Width. Until a valid break out of the Symmetrical triangle or a re-expansion of the Bollinger Bands Width , the consolidation of the KLCI is expected to continue.

HAPPY INVESTING & GOODLUCK2ALL

Random Stocks / Charts KLCI Landmarks MRCB PuncakNiaga QSR

Random Stocks / Charts KLCI Landmarks MRCB PuncakNiaga QSR

综合指数 2009年 02月 16日 / Composite Index 16/02/2009

综合指数 2009年 02月 16日

综合指数在上扬后再度调整，所幸的是综指精确的在905点的胜图自动费氏线获得扶持（参考图中箭头A），这是综指当前的技术支持水平，综指再下一道的支持水平则落在885-887点这两道胜图自动费氏线，综指目前的阻力水平则是处于937点的胜图自动费氏线。。

如图所示，布林频带（Bollinger）打开幅度出现了再度减低的格局，这显示综指目前还是有调整巩固的趋势。无论如何，只要综指继续的处于布林中频带（Bollinger Middle Band）这道动态支持水平以上的话，那综指还是有望继续的转强。

如图中箭头B所示，马股总成交量在综指回软时减少了25.4%，这显示投资者再度的受到外围因素影响而却步，无论如何，成交量还是成功的达到40天成交量移动平均线（VMA）的水平，这表示整体市场还是处于一个活跃的水平里。

如图中C圈所示，随机指标（Stochastic）再度在达到100%后回软，这显示综指的短期走势在出现过热（随机指标达100%）后再度在短期超卖下走低。无论如何，只要随机指标继续的维持在70%以上的话，那综指的短期走势还是未算是确定出现一个下跌的趋势。

总的来说综指目前在短期涨势中出现了技术调整，综指还是呈转强状态，不过接下来成交量若跌破40天平均值的话，这就意味着投资者开始回避股市，这是投资者对综指后市悲观或不明确的反应，届时综指的后市将会看低一线。

Composite Index Daily Technical Analysis 16/02/2009
As indicated by A, the KLCI remains supported by the 905 WinChart Automatic Fibonacci Retracement despite a slight pullback on Monday. Therefore, the immediate support for the KLCI is still at 905 while the next support is at 885-887 Fibonacci Retracement. Resistance for the KLCI is at 937 Fibonacci Retracement.

As shown on the chart above, the Bollinger Bands Width is expanding at a slower rate, implying that the KLCI might be consolidating soon. Nevertheless, with the KLCI above the Bollinger Middle Band, the immediate outlook for the KLCI is still on the positive side.

As indicated by B, total market volume declined 25.4%, as investors are still being cautious. Nevertheless, volume on Monday is still above the 40-day VMA level, suggesting that the overall market is still relatively actively participated.

As circled at C, the Stochastic retreated after hitting 100%, suggested that the KLCI is having a healthy pull back as the KLCI was over-heated. Nevertheless, with the Stochastic still above the 70% level, the market movement for the short term is still bullish biased.

The slight pull back on Monday is considered normal. As long as the volume should remain above 40-day VMA level, the rally of the KLCI is likely to continue. However, if volume should failed to sustain at above the 40-day VMA level, it would be a sign of lack of confident in the market and the KLCI would have difficulties in sustaining its current movement.

HAPPY INVESTING & GOODLUCK2ALL

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Dow Dragonfly unconfirmed

Dow Dragonfly unconfirmed
But KLCI may not follow Dow’s negativity

The KLCI and Asian equity markets got a little ahead of themselves when they rallied on the possibility of a potential bullish reversal with the emergence of the Dragonfly candlestick pattern in the Dow charts on Thursday. However, we have said before that this pattern requires a confirmation, and no confirmation was forthcoming yet when the Dow dipped 82.3 points on Friday and marginally went below the critical 7,882 support line.

7,882 break not a “true break” yet Before traders rush into selling their equities just right after buying them not too long ago, it might be worthwhile noting that the 7,882 break cannot yet be considered a “true break”. While the 7,882 bottom was “broken”, a 32 point margin cannot be considered a true break. The onus will be on the bears tonight to make this 7,882 break a true break by extending the margin of the break. What’s more, the selling volume last night was relatively sparse and unconvincingly bearish.

KLCI looking positive in the short term
As can be seen from the correlation chart above, the KLCI’s correlation with the Dow is tailing off over the last few weeks. So even if the Dow decides to retest its November bottoms, it is possible that the KLCI might not follow the Dow down, at least not too much. This implies a capped downside for the KLCI.

The KLCI now looks decidedly positive in the short term. After a collision and convergence of the red short term line and the blue mid term line, a long white candle generally confirms a strong upward direction ahead. What’s more, the KLCI has breached above the 890-900 resistance zone with conviction and high volume. Our view on the KLCI is now positive in the short term.

HAPPY INVESTING & GOODLUCK2ALL

综合指数 2009年 02月 13日 / Composite Index 13/02/2009

综合指数 2009年 02月 13日
如图中箭头A所示，综合指数在巩固了两日后再度上扬，并且突破了 900点的心理关口以及905点的胜图自动费氏线阻力水平，所以综指接下来的支持水平上调至905点，阻力水平则是937点的胜图自动费氏线。 如图所示，布林频带（Bollinger Band）从周四的3%增加至11%，所以综指再度上扬，通常综指将有望一直维持在上扬的趋势内，直到综指跌破布林中频带（Bollinger Middle Band）为止。

如图中箭头B所示，马股总成交量大扬57.7%，使到成交量冲破了40天成交量移动平均线（VMA）的水平，这表示投资者在综指朝正面移动时再度入场，这显示投资者依然对综指短期走势抱着乐观的态度。

如图中C圈所示，随机指标（Stochastic）重新返回70%以上的水平，这表示综指避开了进一步转弱的风险。以技术分析来看，通常只要随机指标能继续的为止在70%以上的话，那综指的短期走势将有望继续维持在上扬的格局里。

总的来说，虽然国际市场继续的处于不稳定的状态，综指在调整了两日后再度上扬，由于受到足够成交量的确认，所以综指短期的后市有望看高一线，直到随机指标跌破70% 止。Composite Index Daily Technical Analysis 13/02/2009

As indicated by A, the KLCI broke above the 900 level successfully after consolidated for two days. The KLCI also break above the 905 resistance, and therefore, the next resistance for the KLCI is at 937 WinChart Automatic Fibonacci Retracement while the 905 serves as the immediate support.

As shown on the chart above, the Bollinger Bands Width expanded 11%, with the KLCI above the Bollinger Middle Band; therefore, the immediate outlook for the KLCI is still on the positive side. As long as the Bollinger Bands Width is still expanding, more upside room for the KLCI is expected. If the Bollinger Bands Width should contract, it would be a signal suggesting another consolidation for the KLCI.

As indicated by B, total market volume increased 57.7% on Friday, breaking above the 40-day VMA level. This shows that the market is now actively participated, and if volume should maintain above the 40-day VMA level, there is a better chance for the KLCI to sustain its bullish biased movement.

As circled at C, the Stochastic returned to above 70% level, while the short term bullish signal remains intact. As long as the Stochastic is still above the 70% level, the market movement for the short term is still bullish biased.

To sum up, despite the weaker regional markets, the KLCI rallied with relatively strong volume. Therefore as long as the market should maintain active, the rally of the KLCI is likely to continue, until the Stochastic breaks below 70% level.

HAPPY INVESTING & GOODLUCK2ALL

Stocks Compilation Table

The table below is a compilation of actively traded stocks with their stop-loss, support and upside targets together with some popular technical indicators. Stock name in bold represents stocks that are expected to attract momentum trading plays and hence encourage retail or short-term trading participation. Share price in bold reflects revised stop-loss, support and upside targets.

Recommendation (REC) in bold indicates changes to recent technical calls.

Comments: We have included Jaks, KHSB, KPS and Puncak in our daily stocks watch list with Sell on Rally call following yesterday’s strong surge, since we do not expect gains to hold for long with profit-taking correction imminent due to the sharp rally. Switch to Sell on Rally WCT towards RM1.20 resistance, while maintain SELL call on BCHB, IOI Corp, Maybank and Sime Darby which are likely to consolidate further with a downside bias.

综合指数 2009年 02月 12日 / Composite Index 12/02/2009

综合指数 2009年 02月 12日
如图中箭头A所示，由于亚太区域股市继续在经济衰退的阴影下滑落，综合指数在稍微上探900点后回软，按日微跌0.3%。综指当前的支持水平仍然是885点至887点的水平，阻力水平则是905点的胜图自动费氏线。

如图所示，布林频带（Bollinger Band）打开的幅度进一步减低，所以综指目前依然是处于一个调整巩固的格局里，布林中频带（Bollinger Middle Band）则成为了综指当期的动态支持线，这也将是综指调整的第一个目标。

如图中箭头A所示，马股总成交量稍微上升8.4%，不过还是不至于达到40天成交量移动平均线（VMA）的水平，这是市场继续的处于淡静的讯号。通常若成交量处于40天平均值以下的话，那综指将倾向于横摆巩固或下跌的。

如图中C圈所示，随机指标（Stochastic）稍微跌破了70%的水平，这显示综指的短期走势继续有走软的迹象。换句话说，随机指标必须在短期内回弹并重新返回70%以上的水平，那综指才能避开形成一个短期下跌的趋势。

总的来说，综指目前仍然在一个短期调整的格局中，再加上国际市场动荡的局势，所以综指目前的跌幅在与其他股市比较之下显得小。一般上，在布林频带开始收窄或综指开始调整时，综指最好的调整莫过于横摆了。

Composite Index Daily Technical Analysis 12/02/2009

As indicated by A, the KLCI tested the 900 points on Thursday, but failed to break above the 900 mark, closing 0.3% lower. Support for the KLCI remain at 885 and 887 Automatic Fibonacci Retracement, and the resistance is 905 Automatic Fibonacci Retracement.

As shown on the chart above, the Bollinger Bands Width only expanded 3%. With its expansion rate slowing down, it seems like the KLCI is going to consolidate again, while the Bollinger Middle Band is the dynamic support for the KLCI, and also usually the first target of the correction.

As indicated by B, total market volume increased 8.4%, but still below the 40-day VMA level. This shows that the overall market is still lightly participated. If volume should remain below the 40-day VMA level, the KLCI is likely to consolidate with some downside biased.

As circled at C, the Stochastic breaks below 70% level by margin. If the Stochastic should continue to fall, it would end the short term bullish signal, which is also a signal suggesting a beginning of a technical correction.

In short, the KLCI is still at its consolidation stage. With negative sentiment across the globe, the market direction for the KLCI remains unclear. Generally, the best consolidation for the KLCI, during the contraction of the Bollinger Bands Width, would be a low volatile sideways movement.

综合指数 2009年 02月 11日 / Composite Index 11/02/2009

综合指数 2009年 02月 11日

如图中箭头A所示，虽然国际指数受到美国道琼斯指数暴跌4.62%的拖累而下滑，不过综合指数只下滑了6.45点或0.7%。无论如何，这也是因为投资者在局势未明朗之前采取观望态度所致，这可以从图中成交量锐减27.1%看得出。由于成交量再次的跌破了40天成交量移动平均线（VMA）（参考箭头B），所以整体市场也有再度出现调整巩固的迹象，除非成交量在短期内再度增长超过40天平均值。
如图所示，布林频带（Bollinger Band）的打开幅度从48%剧减至4%，这显示综指的短期涨势出现急转弯的情形。无论如何，这目前只能算是一个技术调整，而通常这调整的第一个目标将是布林中频带（Bollinger Middle Band）。
如图中C圈所示，随机指标（Stochastic）自达到100%后，继续的下滑，惟随机指标还是处于70%以上，这表示虽然综指的短期走势开始有转弱的迹象，不过只要随机指标一日还未跌破70%的话，那综指的短期涨势还未能确认结束。
总的来说，综指在上扬了三日后开始出现了技术调整，布林中频带将是综指的动态支持线，换句话说，若综指跌破了布林中频带的话，那综指才算是出现下跌的趋势。综指当期的支持水平落在885点至887点的胜图自动费氏线，阻力水平则是905点的胜图自动费氏线。

Composite Index Daily Technical Analysis 11/02/2009
As indicated by A, despite the sharp fall of the Dow Jones Industrial Average, the KLCI only lost 6.45 points or 0.7% on Wednesday. The retreat of the KLCI is considered healthy as no sign of panic selling is seen. We can see from the decline of volume (-27.1%) suggesting that the selling was rather mild. Since volume is now back to below the 40-day VMA level, the market participation is now on the lower side, which is a sign of a consolidation. Therefore, the increased of volume is a must if the KLCI should resume its rally. (Study B)
As shown on the chart above, the Bollinger Bands Width only expanded 4% on Wednesday, compared to previous 48%. If the Bollinger Bands Width should contract, it would be a signal suggesting a consolidation for the KLCI, and the first target of the consolidation would be the Bollinger Middle Band.
As circled at C, the Stochastic retreated after hitting 100%, but still above the 70% level, which means that the short term bullish signal is still intact. If the Stochastic should break below 70% level, it would be a signal suggesting a beginning of a technical correction.
To sum up, it is rather normal for the KLCI to have its correction after rallied for 3 days, and if the KLCI should find its support above the Bollinger Middle Band after this correction, there is a chance for the rally to resume. If the KLCI should break below the Bollinger Middle Band, it would end the short term bullish biased movement. Nevertheless, other supports for the KLCI are still at 885 and 887 Automatic Fibonacci Retracement while the immediate resistance is at 905 Automatic Fibonacci Retracement.

HAPPY INVESTING & GOODLUCK2ALL

KLCI bogged in a Dow quicksand?

KLCI : Cracked marginally above 890-900 Resistance, but will face Dow repercussions
The fortunes of the KLCI were turning positive yesterday when buying volume was increasing and it managed to crack above its 890-900 resistance level. However, the KLCI will be similarly hit by the negative overnight Dow. The direction of the KLCI will be
dependant on where the Dow goes these two nights.

Strategy : Wait and Monitor Dow tonight Considering the rather precarious and tricky situation of the Dow which is hovering merely 6 points above its critical 7,882 support, there is no other choice but to adopt a wait-and-see stance. We are watching the Dow closely tonight to see if this critical
support hold. If this support holds, there will still be hope for the bulls. If this support collapses, the Dow will be revisiting its November low of 7,449 very soon.

CAVEAT EMPTOR >>> Buyers Beware!!!