KPJ Healthcare Bhd
has been on a rip since the start of March, with a strong uptrend taking root as the stock climbed to record highs.
The share's technical indices have risen to high to overbought levels but remain ascending at a healthy clip.
The slow-stochastic is robust at 67 points while the 14-day relative strength index (RSI) has become slightly overheated at 71 points. The daily moving average convergence and divergence (MACD) histogram, meanwhile, is rising at a steep pace.
Support for the share lies at RM2.90 and RM2.52.
Greatech Technology Bhd continued to recover as the share shrugged off ongoing market turmoil.
The share has proved resilient with the slow-stochastic gaining in momentum over in recent days to a strong 66 points.
The RSI is also gaining in strength at 56 points. The MACD histogram is charting negative momentum, but is gaining traction to the upside.
Resistance is seen at RM2.11 and RM2.34 while support can be found at RM1.75 and RM1.45.
Leong Hup International Bhd has erased the losses made earlier this week as it appears to have found its footing amid a recovery in trading momentum.
While undergoing a consolidation, the share is expected to resume an uptrend from a recent peak closing level of 82 sen in February.
The slow-stochastic and RSI are both firm at 56 and 54 points respectively, suggesting ongoing positive momentum.
The MACD is also showing improvement with shorter negative bars reflecting growing upside.
There is resistance at 83.5 sen and 96 sen while support is pegged to 72 sen and 67 sen.
The comments above do not represent a recommendation to buy or sell.
