KLSE Traders Update and Ideas

Author: mplus313   |   Latest post: Thu, 13 Aug 2020, 5:06 PM


Daily Market Update - 12 Feb 2019 (D&O, TEOSENG)

Author:   |    Publish date:

Dow Jones: 25,053.11 pts (-53.22pts, -0.21%)
U.S. stockmarkets closed mixed again as the Dow (-0.2%) recorded its fourth consecutive session of decline after erasing all its intraday gains as the next round of U.S.-China tariff negotiations in Beijing commenced, whilst both the S&P 500 and Nasdaq registered 0.1% gains. The immediate resistance is located at 25,500.

FBM KLCI: 1,688.56 pts (+2.04pts, +0.12%)
The FBM KLCI (+0.1%) managed to claw its way into the positive territory to close marginally higher, boosted by gains in selected banking heavyweights yesterday. The immediate resistance is located at 1,700.

Crude Palm Oil: RM2,266 (-RM24, -1.05%)
Crude palm oil prices extended its losses amid the weak export data, coupled with the appreciation of Ringgit against the Greenback. The immediate resistance is located around RM2,300.

WTI Crude Oil: $52.41 (-$0.31, -0.59%)
Crude oil prices retreated, forming a hammer candle on concern over rising U.S. rig counts. The immediate resistance is located at US$55.

Gold: $1,308.12 (-$6.17, -0.47%)
Gold prices retreated after the Greenback appreciated against a basket of currencies. The immediate resistance is located around $1,350.

Potential Momentum Stocks - 12 Feb 19 
Stock Name: D&O (7204)
Entry: Buy above RM0.735
Target: RM0.785 (6.8%), RM0.805 (9.5%)
Stop: RM0.70 (-4.8%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: TEOSENG (7252)
Entry: Buy above RM1.07
Target: RM1.14 (6.5%), RM1.20 (12.1%)
Stop: RM1.01 (-5.6%)
Shariah: No
Technical: Monitor for breakout

Source: Bloomberg, M+ Online



The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.

Share this
Labels: D&O, TEOSENG

Related Stocks

Chart Stock Name Last Change Volume 
D&O 0.805 -0.005 (0.62%) 1,685,900 
TEOSENG 0.84 +0.005 (0.60%) 1,080,300 

  Be the first to like this.

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends

457  562  483  484 

Top 10 Active Counters
 PHB 0.040.00 
 LUSTER 0.14+0.01 
 PWORTH 0.04+0.005 
 XOX 0.255-0.02 
 SAPNRG 0.13-0.005 
 LAMBO 0.055-0.005 
 MINHO-WC 0.14+0.07 
 NETX 0.020.00 
 BORNOIL 0.065-0.005 
 RGB 0.155-0.005 


1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
2. MQ Affiliate – A smarter way to earn more rewards MQ Trader Affiliate Program
3. MQ Affiliate – How to become an effective affiliate MQ Trader Affiliate Program
4. MQ Affiliate – Upgrading to Affiliate Partner MQ Trader Affiliate Program
Partners & Brokers