FBMKLCI

The  FBM  KLCI  has  rebounded  mildly,  but  staying  below  the EMA9  level.  The  MACD  Histogram,  however,  has  turned  green. The  RSI  is  hovering  below  50.  The  FBM  KLCI  may  resume  its downtrend  after  a  minor  rebound.  Resistance  is  located  around the 1,836-1,854 levels. Supports are at the 1,802-1,820 levels.

IFCAMSC (0023)

IFCAMSC  experienced  a  breakout  above  the  RM0.47  level  with improved volumes.  The  MACD Indicator  is  trending higher,  but  the RSI  is  slightly  overbought.  Price  may  rally  towards  the  RM0.60-RM0.705 levels  after a  mild consolidation. Support will be envisaged around the RM0.415 level.

HALEX (5151)

HALEX  has  experienced  a  sideways consolidation breakout  above the RM0.84 level with high volumes. The MACD indicator has issued a  “Buy” signal, while the  RSI has  crossed above 50. Price target will be  envisaged  around  the  RM0.93-RM1.00  levels.  Support  will  be pegged around the RM0.785 level.

LIIHEN (7089)

LIIHEN  experienced  a  flag  formation  breakout  above  the  RM2.62 level  with  improved  volumes.  The  MACD  indicator  has  expanded positively above  zero, but  the  RSI is  overbought. Price target will  be located around the  RM3.00-RM3.40 levels. Support  will be set around the RM2.47 level.