WHAT WILL HAPPEN WHEN FED'S CUT STIMULUS

Tapering of QE                                                                HAFIZ RUSLI

Referring to, increase in interest rates; reduce liquidity in stock market and volatility in world currency. The fact is that, U.S will stop the quantitative easing when their economy improving. Therefore, good news will adversely influence the world market. Based on the inter market relationship, US dollar and interest negatively related to equity, commodity and bond price. When U.S begin the tapering program, US dollar and interest rate will rise thus it will create setback in equity, commodity and bond price. Market will be less liquid due to high borrowing cost.

South East Asia

Our market highly correlated with U.S Treasury because we received huge amount of foreign investment. ASEAN market consider as

TAS (5149)

TAS OFFSHORE BERHAD                                                                                    SHAHRIZUL NAZLI

Share Analysis

Price has penetrated the stiffer uptrend line and eventually will find support at Fibo 38.2% to create a valid uptrend line (45 degree). RSI is

MALTON (6181)

MALTON BERHAD                                                                                                SHAHRIZUL NAZLI

Share Analysis

Middle term uptrend line has been penetrated and further short term correction is expected. It is supported by RSI pointing down in oversold area and MACD lines about to cross below 0 line. Healthy correction is

Market overview 20 Nov2013

Market overview 20 Nov2013

Fundamental 

• Wall street retreated from historical high as investor wait for Fed release meeting minutes.
• Janet Yallen thinks that the quantitative easing should continue given that economy still fragile.
• Beware, stock market could

GUH (3247)

GUH HOLDING BERHAD                                                                                     SHAHRIZUL NAZLI

Share Analysis

GUH is currently in a short term healthy correction prior to its upside move. A reversal of short term trend is to be expected as lower band of Bollinger has been expended. It is backed by

AIRASIA (5099)

AIRASIA BERHAD                                                                                                       HAFIZ RUSLI

Share analysis

On the daily chart, Airasia share price traded in sideways pattern or trend less. Nevertheless, rebound can be noticed on the RSI when it reached previous low, buying interest start to

GOB (1147)

GLOBAL ORIENTAL BERHAD                                                                             SHAHRIZUL NAZLI

Share Analysis

GOB has been in a consolidation phase for about 6 months after  big rally in May. Medium term uptrend line has been penetrated indicates that further consolidation can be expected. However, price still hovering above

KLCI DAILY 18 NOV2013

KLCI Index                                                                                                                                Hafiz Rusli

Index analysis

Based on the daily chart, uptrend is still intact as the price managed to stay above uptrend line. RSI hooking up indicates that the buying pressure overwhelmed selling pressure. MACD shows a positive sign as the valley turning  green from red. Based on these indicators, I believe that short term rebound is

DJIA 13 NOV 2013

DOW JONES INDUSTRIAL AVERAGE                                                               SHAHRIZUL NAZLI

Index Analysis

Trend: Cautiously bullish

Daily chart illustrate that Index is traded within the rising channel line between Nov 2012 to Aug 2012 and has been in a range since then. Index is still traded above the uptrend line. Rectangle formation can be drawn and latest closing data shows that upper line of rectangle has been penetrated. However,

S&P 500 Index

S & P 500 Index                                                                                                          Hafiz Rusli

Index analysis

Based on the daily chart, uptrend still intact as the index hovering above trend line and 30 days moving average. Raising channel can be noticed as the index travel within the channel. Upside target can be acquire by using the channel line (illustrated above). However, divergence can be spotted on volume and RSI. I reckon

TUNEINS (5230)

TUNE INSURANCE HOLDING BERHAD                                                           SHAHRIZUL  NAZLI

Share Analysis

TUNEINS has been consolidate for about 7 months after the strong rally on May. Since then, the price traded in a range. Volume complimenting the downside  indicates a positive sign that market is already

CENBOND (7171)

CENTURY BOND BERHAD                                                                                             HAFIZ RUSLI

Share analysis

Based on the daily chart, sideways pattern can noticed on the last 5 months of trading. The stock currently in correction phase after failed to penetrate Rm 1.88 level for three times. Volume weakening on the down trend indicates decreasing selling activity. RSI and MACD indicators still hovering around oversold territory specify that the counter is undervalue. Tweezer bottom candle can be spotted at the latest closing telling us that technical rebound is about to happen. Failure to stay above Rm 1.55 will lead the stock to further correction.

KAREX

KAREX FLYING HIGH

Established in Malaysia around 1988. Started with manufacturing high quality natural rubber latex condoms and other latex dipped product. Currently managing over 15% of the world’s condom market. Karex is one of the global leaders in the condom manufacturing.

Karex, can be consider as

KLCI DAILY 8 NOV2013

KLCI DAILY CHART                                                HAFIZ RUSLI           

Share analysis

Based on the daily chart, uptrend still intact as the index managed to stay above uptrend line. However, volume decline indicate that the upside movement is

MAA (1198)

maa group berhad                                                                                        Shahrizul nazli 

Share Analysis

Uptrend line is still intact indicates that medium term uptrend is bullish but short term trend is bearish as prices are making lower low and lower high due to its correction prior to its previous upside 

CLIQ (5234)

cliq energy berhad                                                                SHAHRIZUL nazli

Share Analysis

CLIQ traded below downtrend line as it failed to penetrate previous high and currently in a correction stage prior to its upside move. RSI shown a rebound at market bottom and currently move upward