FBMKLCI

The  FBM  KLCI  continues  to  stay  below  the  downward  trendline (blue).  The  MACD  Indicator,  however,  is  expanding  positively above  zero. Also, the  RSI  is  hovering above 50. Nevertheless, the key  index’s  upside  may  be  capped  around  the  1,840  level. Meanwhile, the support will be set around the 1,770 level.

BONIA

BONIA  experienced  a  sideways  consolidation  breakout  above  the RM1.07  level  with  high  volumes.  The  MACD  Indicator  is  trending higher,  but  the  RSI  is  overbought.  Price  may  rally  towards  the RM1.16  and  RM1.30 levels  after  a  mild retracement. Support  will be located around the RM0.95 level.

BARAKAH

BARAKAH  has  rebounded  off  the  RM0.89  level  with  higher-thanaverage  volumes,  forming  the  breakout-pullback-continuation pattern.  The  MACD  Line  is  approaching  zero,  while  the  RSI  has crossed  above  30.  Price  target  will  be  set  around  the  RM1.00  and RM1.11 level. Support will be located around the RM0.89 level.

JIANKUN

JIANKUN  experienced  a  sideways  consolidation  breakout  above the RM0.335 level with improved volumes. The MACD Histogram has extended  another  green  bar,  while  the  RSI  has  rebounded  off  30. Price  may  rally  towards  the  RM0.40-RM0.44 levels. Support  will  be pegged around the RM0.32 level. 

Source: M+ Online Research Research - 27 Mar 2015