The FBM KLCI extended its upward movement and ended higher for the sixth consecutive day. The MACD Line is pointing higher, while the MACD Histogram extended another green bar. The RSI has crossed above 50. Resistance will be set around the 1,850 level. Support will be located around the 1,820 level.

BIG has surged above the RM0.75 level with high volumes after a sideways consolidation over the past five trading days. The MACD indicator is trending higher, while the RSI is hovering above 50. Price target may be located around the RM0.86 and RM0.935 levels. Support will be set around the RM0.67 level.

PMBTECH has experienced a consolidation breakout above the RM1.23 level, after it rebounded off the RM1.00 level two weeks ago. The MACD Line is pointing upwards, but the RSI is hovering below 50. Price may rally towards the RM1.43-RM1.66 levels after a short consolidation. Support will be set around the RM1.00 level.

JIANKUN has formed a bullish engulfing bar above the RM0.50 level with improved volumes. The RSI is hovering above 50. The MACD indicator, however, has extended another red bar. Monitor for a breakout above the RM0.58 level, targeting the RM0.77 level. Support will be located around the RM0.50 level.

Source: M+ Online Research - 31 Oct 2014