IKHMAS share price opened today (30 Dec 2015) with a gap up of 0.05 cts, thereafter price fluctuated between RM0.675-RM0.69 before closing with RM0.685, up 0.015 cts. The buying momentum was still not very stong, with volume slighly above the 4 wks average. However, IKHMAS has been oversold since 17 Dec 2015 with stochastic below 20 % level. Trader may watch for price & volume breakout above RM0.675.
R1 RM0.685, R2 RM0.715 ; S1 RM0.665 S2 RM0.64
Volume was 1.16 million against average volume (4 wks) of 919k
Stochastic (Slow) - 10 % - Grossly Oversold
Note : The comments above do not represent a recommendation to buy or sell.
IKHMAS (5268) - Technical Ideas - 31 Dec 2015 - IKHMAS (5268)
http://klse.i3investor.com/blogs/bursakakis/88910.jsp
IKHMAS (5268), 5268, EN5268, IKHMAS, KLSE:IKHMAS
