Highlights

KLSE Traders Update and Ideas

Author: mplus313   |   Latest post: Fri, 6 Dec 2019, 5:21 PM

 

Daily Market Update - 19 Nov 2019 (LIIHEN, ADVCON)

Author:   |    Publish date:


Dow Jones: 28,036.22 pts (+31.33pts, +0.11%)
U.S. stockmarkets ended higher as the Dow (+0.1%) finished at another record high level amid the mixed signal from the U.S.-China trade progress. The immediate resistance is located at 28,500.

FBM KLCI: 1,604.36 pts (+9.61pts, +0.60%)
The FBM KLCI (+0.6%) extended its' gains, boosted by the eleventh hour buying support in selected index heavyweights as the key index closed above the 1,600 psychological level yesterday. The immediate resistance is located at 1,620.

Crude Palm Oil: RM2,597 (-RM10, -0.38%)
Crude palm oil prices edged lower after erasing all its' intraday gains as profit taking activities took precedence. The immediate resistance is located around RM2,650.

WTI Crude Oil: $57.05 (-$0.67, -1.16%)
Crude oil prices formed a bearish candle to wipe out almost all its' previous sesion gains after the Energy Information Administration reported that production may hit record high in December 2019. The immediate resistance is located at US$58.

Gold: $1,471.51 (+$3.30, +0.22%)
Gold prices rebounded after recovering all its' intraday losses amid the fresh uncertainty over U.S.-China trade talks. The immediate resistance is located around $1,500.

M+ Online Technical Trading Stocks - 19 Nov 19

Stock Name: LIIHEN (0001)
Entry: Buy above RM3.06
Target: RM3.19 (4.2%), RM3.31 (8.2%)
Stop: RM2.99 (-2.3%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: ADVCON (5281)
Entry: Buy above RM0.415
Target: RM0.44 (6.0%), RM0.455 (9.6%)
Stop: RM0.39 (-6.0%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

 

Disclaimer

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: LIIHEN, ADVCON

Related Stocks

Chart Stock Name Last Change Volume 
LIIHEN 3.21 -0.01 (0.31%) 149,300 
ADVCON 0.395 +0.005 (1.28%) 93,000 

  Be the first to like this.
 


 

436  284  495 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 HSI-C7K 0.275+0.01 
 KHEESAN 0.485+0.005 
 IMPIANA 0.0250.00 
 ARMADA 0.475-0.02 
 HSI-H8F 0.25-0.015 
 TDM 0.275+0.03 
 FINTEC 0.0550.00 
 KNM 0.360.00 
 KNM-WB 0.075-0.01 
 MTRONIC-WA 0.010.00 

FEATURED POSTS

1. Leveraged & Inverse ETF CMS
Partners & Brokers