The FBM KLCI rebounded off the trendline and the psychological level of the 1,800 level over the past two trading days. The MACD Histogram has turned green, while the RSI has crossed above 30. Resistance will be pegged around the 1,820-1,840 levels. Support will be set around the 1,770 level.
 

COMPLET trended sideways over the past three trading days above the EMA9 with improved volumes. The MACD Indicator has expanded positively above zero. The RSI has hooked above 50. Monitor for a breakout above the RM1.00 level, targeting the RM1.13 and RM1.23 levels. Support will be anchored around RM0.975.

JAKS has experienced a flag formation breakout above the RM0.695 level two trading days ago. The MACD Histogram has extended another green bar. The RSI has crossed above 30. Price is likely to rally towards the RM0.815 level over the near term. Support will be located around the RM0.67 level.

BCB consolidated sideways between the range of RM0.945-RM1.01 over the past two months. The MACD Line is hovering above zero, while the RSI is above 50. Monitor for a breakout above the RM1.01 level, price target will be envisaged around the RM1.11 and RM1.22 levels. Support will be pegged around the RM0.945 level.

Source: M+ Online Research - 15 May 2015