HOHUP: Trading at support level of 1.33

Personal technical analysis

11/7/2014

Support level: 1.33-1.34

Resistence: 1.41, 1.43

Activities by Dato Thong Kok Khee, Executive Deputy Chairman cum Chief Executive Officer of Insas Berhad recently:

Particulars of Director

Name	Dato' Thong Kok Khee
Address	No. 74, Jalan Setiakasih, Damansara Heights, 50490 Kuala Lumpur, Wilayah Persekutuan
Descriptions(Class & nominal value)	Ordinary Shares of RM0.50 each

Type of transaction

Date of change

No of securities

Price Transacted (RM)

Acquired

09/07/2014

200,000

1.335

Acquired

08/07/2014

100,000

1.350

Acquired

01/07/2014

53,400

1.340

Acquired

30/06/2014

100,000

1.350

Acquired

27/06/2014

50,000

1.358

Acquired

26/06/2014

100,000

1.360

Acquired

18/06/2014

100,000

1.350

Acquired

17/06/2014

51,000

1.350

Acquired

16/06/2014

50,000

1.360

Acquired

12/06/2014

153,000

1.347

Acquired

10/06/2014

15,000

1.352

Acquired

04/06/2014

200,000

1.325

21/1/2014 - GAMUDA,SUNWAY,TOPGLOV

Personal Technical Analysis
21st Jan 2014

GAMUDA

Support: 4.30, 4.13
Resistance: 4.46

SUNWAY

Critical Support: 2.54, 2.60

Resistance: 2.68, 2.79, 2.86

TOPGLOV

Support: 5.45

Resistance: 5.50, 5.75

MAHSING - Personal technical analysis 7/10/13

Personal Technical Analysis
7th Oct 2013

Violated and hold above 100SMA for the second day - Bull
Above all 50,100 and 200 SMA - Bull
MACD above both signal and center lines - Bull
Slow STO at overbought area - Bear
RSI level shows slight overbought - Bear

Immediate resistance: RM2.515
Second resistance: RM2.79
Immediate support: RM2.38
Second support: RM2.35

My TP: Not rated (From RM2.50)

Risk: Introduction of RPGT in Budget 2014 on Oct 25th 2013.

YTL - Personal Analysis 1/10/2013

Personal Technical Analysis
1st Oct 2013

Currently supported at RM1.51, its 1-year low.
Fast STO shows that it is oversold.
MACD is slightly above Signal Line but is below the Centerline.
Critical support line: RM1.51
Immediate resistance line: RM1.55

My call: Sell for closing below RM1.51.

Mah Sing acquires land in JB

From Business Times
1st Oct 2013

Mah Sing Group Bhd acquired 31 pieces of adjoining freehold land with net land area measuring 1,351.84 acres in Johor Baru for RM429.86 million or RM7.30 per sq ft.

Mah Sing said its wholly-owned subsidiary, Sanjung Tropika Development Sdn Bhd, has signed a conditional sales and purchase agreement with Bistari Land Sdn Bhd for the proposed acquisition.

The propperty developer said it intends to fund the proposed acquisition through a combination of internally generated funds, rights issue with warrants and/or bank borrowings.

Resistance: RM2.35
Support: RM2.17
My TP: RM2.50

PPB - Personal Analysis 3-11-12

Personal Technical Analysis
3 November 2012

Since a major sell down in PPB in late-July from around RM15.20 to find support at RM13.90 which was then violated in early-September and price has bottomed out at around RM11.90 (14+% from RM13.90 - within Cup with Handle rule of 1/3) then in the duration of mid-Sep to mid-Oct. The stock has recover to reach a peak at RM13.90 in late-October and pulled back.

There is indeed a clear chart pattern that technical analysis called "Cup with Handle" in which it starts with a bowl-like-U-shaped movement from selling down to bottoming out and rising again to formed a U shape, and is then followed by a sell-down again to form a handle.

The stock price of PPB is clearly showing this chart pattern albeit under a different situation - traditional Cup with Handle is formed with a prior rising trend while in this case PPB is facing a mid-term downtrend, but I look into it that PPB it staging a rebound that in one way or another can be considered as starting a rising trend.

If the handle did formed eventually with a rising trend again, RM13.90 would be the critical point of resistance, if it is broken then Cup with Handle pattern is proven and the price will continue for more upside.

MACD is still bullish as MACD is still above both center-line and signal-line.
RSI is slightly bearish as it is pulling back from overbought level (70).
Slow Stochastic Indicator is slightly bearish as it is pulling back from overbought level (80) too.

Critical Resistance: RM13.90

BJCORP - Personal Technical Analysis 19-10-12

Personal Technical Analysis
19 October 2012

The price has been trending up with higher-low since it was supported at 0.595 on 11 Sep 2012 until today.
The higher-low is further evidenced by the higher-low of RSI and MACD along that period.
Both fast (46.2) and slow (41.6) STO leaves room for further upside as the indicator is still way off overbought level of 80.0.
Immediate resistance is at SMA50 of 0.66, second resistance will be at 0.695.

P/S: I am holding shares of BJCORP at average price 0.8342 since buying it in 26/4/12.
Mistake: Did not analyse both fundamental and technical aspect of the stock when buying, simply thought that it will rebound right after a sharp fall.

Lesson: Analyse both intrinsic value and the trending of the stock before buying, a big fall in price does not guarantee a rebound, do not go against the trend. #lessson1