FBMKLCI, AMEDIA, CIMB, PERMAJU, GENM, GOCEAN, IJM

At the moment, we could see our market progressing into recovering mode with budget boost and most likely election would be held next year, KLCI could reach all time high again (1655) and probably break it and marching to higher level (1659). Today KL index closed at ~1643. The next resistance at 1646, and 1665. Now, we are in final Q of the year, we could see some counter to start rally. Me personally, would love to see construction counter to move after been down from Feb this year.. Soon, MRT tender award will be announced and this could boost on certain construction counter.

AMEDIA
--> Signals are showing.

CIMB
 --> Next resistance RM7.57. Next Tp at RM7.73. As market improving and boosted by national budget, i think it will reach soon. Indicators are building up.. RSI getting stronger.

PERMAJU
 --> Very high speculate counters. Shall we see a sudden goreng in this counter as previous 2 moves? The indicators showing something, and we might want to put it in watchlist.
--> TP at 0.60 & 0.64..

GENM
--> I assume this counter still in early birds with stochastic just about to go out from oversold area.
Once pass resistance at RM3.64 and RM3.74, looking forward for RM3.82,

GOCEAN
--> Strong volume for 2 consecutive days. About ~6cent up. Next resistance at 0.305.

IJM
--> recently dropped due to announcement from SCOMI.. On 27/9, 9 out of 10 IBs gave TP above RM5.00 / RM6.00. Only 1 from RHB giving SELL call to RM4.73.. Current closed at RM4.81.
Next resistance at RM4.90 and RM4.98.. Only after that, we will see it traded above RM5.00.

All the best to everybody. This is only my personal point of views. Thank you for reading..