CANONE : Waiting for breakout.

CANONE
(5105)

CANONE & IGB

CANONE (5105)

Current Price = RM2.31
Target = RM2.36 / RM2.46

Pattern quite similar to JOHOTIN.. Hope JOHOTIN will rebound later and dont miss the opportunity.. Nevermind, ignore JOHOTIN.. Back to CANONE, got bullish divergence on RSI.. Perfect condition to break into cloud and pass through it.. hope index will keep on bullish so that would get perfect momentum and drive it to pass the cloud resistance..

Resistance will be at 2.33, the highest of 4 days ago.. after that, follow the cloud for you to take profit..

KLSEPSP - CANONE, KIANJOO, 3A, DRBHCOM

CANONE (5105)

1) Today price closed above resistance at RM2.30.
2) High volume.
3) Accu and OBC is getting higher..
4) Targets are RM2.35 and RM2.40.


KIANJOO (3522)

1) Today price closed at RM2.18
2) High volume.
3) On bullish Parabolic.
4) Accu and OBV getting higher.
5) Looking to reached resistance at RM2.22 before go to RM2.26.


3A (0012)

1) Today surged up to RM1.21 and closed at RM1.19
2) Volume higher than previous weeks.
3) OBV at high level and small increment on Accu.
4) Retrenchment as in chart.
5) Parabolic stopped the bearish and started bullish sign from today.
6) Looking for RM1.21 again and next is RM1.23.


DRBHCOM (1619)

1) Today another up and closed at RM2.55
2) Parabolic sign of bullish from yesterday.
3) Accu and OBV are getting higher.
4) Volume getting higher today.
5) Next resistance level is RM2.64.