Highlights

M+ Online Research Articles

Author: MalaccaSecurities   |   Latest post: Wed, 11 Dec 2019, 8:54 AM

 

M+ Online Technical Focus - 18 Nov 2019

Author:   |    Publish date:


The FBM KLCI finished marginally higher after experiencing a choppy trading session as the key index closed at around the 1,594.75 level last Friday. The MACD Histogram has extended another red bar, while the RSI remains above 50. Resistance will be pegged around the 1,610-1,620 levels. Support will be set around the 1,580 level.

SCOMNET has advanced to close above the EMA20 level on improved volumes. The MACD Histogram has extended another green bar, while the RSI is approaching 50. Price targets are envisaged at around the RM0.91-RM0.975 levels. Support will be located around the RM0.825 level.

GADANG has formed a bullish engulfing candle to close above the EMA120 level. The MACD Histogram has extended another red bar, while the RSI is slightly overbought. Price may trend higher, targeting the RM0.77-RM0.81 levels. Support will be located around the RM0.71 level.

YTLREIT has gapped up to breakout above the RM1.33 level with high volumes. The MACD Line has risen above the zero level, while the RSI remains above 50. Price may advance, targeting the RM1.39-RM1.45 levels. Support will be located around the RM1.27 level.

Source: Mplus Research - 18 Nov 2019

Share this

Related Stocks

Chart Stock Name Last Change Volume 
SCOMNET 0.76 +0.005 (0.66%) 570,800 
GADANG 0.70 -0.01 (1.41%) 622,600 
YTLREIT 1.33 0.00 (0.00%) 67,000 

  Be the first to like this.
 


 

296  249  511  1209 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 AT 0.050.00 
 HSI-C7K 0.285+0.015 
 HSI-H8F 0.19-0.025 
 PERDANA-PR 0.015-0.005 
 WCEHB 0.33+0.025 
 TDM 0.325+0.015 
 DGB 0.1450.00 
 XDL 0.11+0.005 
 KNM-WB 0.035-0.01 
 FGV 1.45+0.03 

FEATURED POSTS

1. Leveraged & Inverse ETF CMS
Partners & Brokers