Highlights

M+ Online Research Articles

Author: MalaccaSecurities   |   Latest post: Fri, 18 Jan 2019, 09:56 AM

 

M+ Online Technical Focus - 7 Jan 2019

Author:   |    Publish date:


The FBM KLCI erased most of its previous session’s gains as the key index closed lower at around the 1,669.78 pts last Friday. The MACD Histogram has extended another green bar, while the RSI has tripped below 50. Resistance will be pegged around the 1,700-1,710 levels. Support will be set around the 1,650 level.

CCM has rebounded to close above the EMA60 with improved volumes. The MACD Line has risen above the zero level, while the RSI is hovering above 50. Monitor for a breakout above RM1.85, targeting the RM1.94 and RM2.02 levels. Support will be set around the RM1.75 level.

GFM has advanced to close above the EMA20 level with improved volumes. The MACD Histogram has extended another green bar, while the RSI remains above 50. Monitor for a breakout above RM0.45, targeting the RM0.485-RM0.51 levels. Support will be anchored around the RM0.42 level.

OPENSYS has gapped-up to close above the EMA20 level. The MACD Indicator has issued a BUY Signal, while the RSI has risen above 50. Price may advance, targeting the RM0.315-RM0.33 levels. Support will be pegged around the RM0.275 level.

Source: Mplus Research - 7 Jan 2019

Share this
Labels: CCM, GFM, OPENSYS

Related Stocks

Chart Stock Name Last Change Volume 
CCM 1.94 +0.01 (0.52%) 551,600 
GFM 0.445 -0.01 (2.20%) 237,000 
OPENSYS 0.295 -0.005 (1.67%) 589,800 

  Be the first to like this.
 


 

402  326  492  672 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 ARMADA 0.22+0.06 
 SAPNRG 0.285-0.005 
 SUMATEC 0.005-0.01 
 MYEG 1.01-0.06 
 BARAKAH 0.08+0.02 
 NEXGRAM 0.020.00 
 IRIS 0.15+0.005 
 XINGHE 0.045+0.005 
 KNM 0.09+0.01 
 ECONBHD 0.515+0.045 

TOP ARTICLES

1. 当遇上基本面投资法(下) 能赚钱就是好战略/冷眼 【冷眼专栏】漫漫投资路
2. 当遇上基本面投资法(上) “反向”战略非唱反调/冷眼 【冷眼专栏】漫漫投资路
3. Fear on Bumi Armada is probably overdone - felicity Good Articles to Share
4. THE PERCEPTION OF P/E or: How I learned to fear my Wife the bursa journey that worked for me. 2000-2019
5. Stocks on Radar - Elsoft Research (0090) AmInvest Research Reports
6. FPI FY19 revenue growth expected to hit 15% FPI 2大因素前景看好台灣聯友今年再 尋突破
7. Is QL Resources worth investing now? kcchongnz kcchongnz blog
8. [转贴]《东方华尔街》告诉你,炒家如何炒高一只股 Good Articles to Share
Partners & Brokers