Current price= 0.42
Target = 0.445 / 0.46 / 0.475 / 0.495
My Technical view
1) Price up 2cent today with vol. Compared to previous candle as highlighted, very small vol. So, price broken and back to 40cent level.
2) CCI is moving upwards.
3) MACD- is moving up with histo gram above 0, yet price still at 40cent level for quite sometime.
4) ADX - has crossed and pointing up (+DI).
5) Stoch also heading north.
6) Put 0.46 as kumo resistance. However, fibo retracement indicates, 0.445 / 0.46 / 0.475 / 0.495 as resistances. Ultimate tp to break is 0.52 before go more higher.
YTLPOWR (6742)
Current Price = RM1.63
Target= RM1.64 / RM1.68 / RM1.71 / RM1.77 (longer term)
My Technical view:
1) MACD recovering with histo above 0.
2) ADX about to cross and signal line expected to cross +DI soon.
3) CCI is moving upwards.
4) Stoch as well.
5) PSAR has changed to bullish sign started from today. but remember, this is lagging indicator.
6) Expecting to cross kumo soon, therefore, the price tp will be as above.
BERNAS (6866)
Current Price = RM3.29
Target = RM3.35 / RM3.41 / RM3.47
My Technical view
1) Price looking on recovery.
2) CCI is moving up well.
3) MACD been heading north once hit lowest.
4) Stoch is in good momentum.
5) ADX crossed.
6) Hi vol today. Another high volume 1 week before and forming a doji.. Many share changing hand & good for moving upward.
7) Resistance at RM3.41 for kumo. It might take some time. Once crossed, more higher is expected.
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