ZLBT Chats

Wednesday, August 15, 2012

FCPO Daily Chart >>> 14 Aug 2012

CPO To Hammer Out a Support
Before Head On Clash With Bears
HAPPY TRENDING
GOODLUCK2ALL

Tuesday, August 14, 2012

Soybean Oil Futures (Sept) >>> Technical Data and Recommendations 14 Aug 2012

Soybean Oil (Sept) Technical Data Table
HAPPY TRENDING
GOOD LUCK 2ALL

Saturday, August 11, 2012

Technical Analysis : FBMKLCI 10/08/2012 / 富时大马综合指数 2012-08-10

FBM KLCI 10 Aug 2012
As indicated by A, the FBM KLCI gained 2.84 points, closing at 1645.36 points, and it seems like the KLCI is heading to the 1647.94 all time high resistance. The 14, 21, 31 EMA is still serving as the dynamic support to the KLCI.

As indicated by B, total market volume increased 38.96%, with volume returning to above the 40-day Volume Moving Average. However, this is not an ideal volume for a bullish breakout signal yet.

As indicated by C, the MACD histogram is still rising, and its suggests that the KLCI short-term is still picking up its strength. The improvement is expected to carry on until the MACD histogram forms a Rounding Top.

In conclusion, the technical outlook for the KLCI remains positive. If the KLCI should break above 1647.94, it would be making a historical new high. If at the breakout, market volume should continue to increase, the KLCI is likely to extend its uptrend.

富时大马综合指数 2012-08-10
如图中箭头A所示,富时大马综合指数周五上扬2.84点以1645.36点挂收,正要迈向1647.94点的历史高峰阻力。图中所示的14、21、31天EMA继续为综指上扬的动态支持线。

如图中箭头B所示,马股总成交量周五增加了38.96%,重返40天的成交量平均线(VMA)以上。但是,成交量止损刚刚达到这水平,并未明显的增加。无论如何,若综指突破阻力时能配合成交量再增加的话,届时才算是理想的讯号。

如图中C圈所示,平均乖离振荡指标(MACD Histogram)继续的上升,这表示综指短期的走势继续在改善中,直到平均乖离振荡指标形成圆顶为止。

总的来说,综指目前的技术展望继续维持在正面。接下来若综指能上扬突破1647.94点的话,那将会创下历史新高。若能配合成交量明显的增加,那综指有望延续上升的趋势,后市看高一线。

祝你好运

Tuesday, August 7, 2012

Technical Outlook >>> December Soybean Oil Futures (ZLZ12 CBOT)

TECHNICAL ANALYSIS
Soybean Oil ZLZ12 (Dec)
December soybean closed lower on Monday as it extended the decline off July's high. The mid-range close sets the stage for a steady opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that additional weakness is possible near-term.

If December extends the decline off July's high, the reaction low crossing at 51.36 is the next downside target. Closes above the 20-day moving average crossing at 53.81 are needed to temper the near-term bearish outlook.

First support is today's low crossing at 51.84. Second support is the reaction low crossing at 51.36. 

First resistance is the 20-day moving average crossing at 53.81. Second resistance is July's high crossing at 56.00. First support is today's low crossing at 51.84. Second support is the reaction low crossing at 51.36.

HAPPY TRENDING

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Wednesday, August 1, 2012

ZLBT Random Stock Pick >>> MAHSING (8583) 01 Aug 2012

On 31 July 2012, MAHSING broke from its 3-month historical high. The price of MAHSING has increased by more than 0.5% while it is observed that there is a sharp increase in volume of more than 300% as compared to the average volume traded over the past 50 days. At 2.23, the stock is trading near its 6-month historical high. It is also observed that the MACD line is above the signal line indicating some short-term price strength.
Technical Comments: A breakout on close above the 7/3/12 peak of RM2.30 would lift MahSing towards upside targets of RM2.49 (123.6%FP), RM2.61 (138.2%FP) and RM2.70 (150%FP) in the medium-term. Immediate support is at RM2.11 (76.4%FR).

GOODLUCK