The FBM KLCI snapped a three-day losing streak and ended marginally higher by 0.08 pts at 1,722.24 pts. The MACD Histogram has turned green, while the RSI is oversold. The key index may be due for a technical rebound towards the 1,740 level. Support will be pegged around the 1,700 level.

SEG has experienced a sideways consolidation breakout above the RM1.50 level. The MACD Indicator has expanded positively above zero, but the RSI is slightly overbought. Price may rally towards the RM1.59 and RM1.65 levels after a short consolidation. Support will be anchored around the RM1.42 level.

XIANLNG rebounded off the EMA9 and surged above the RM0.50 level with slight improvement in volumes. The MACD Histogram has turned green, while the RSI is trending higher above 50. Price target will be envisaged around the RM0.54 level. Support will be set around the RM0.455 level.

AHEALTH experienced a flag formation breakout above the RM4.00 level. The weekly MACD Line is hovering above zero, while the weekly RSI is above 50. Monitor for a breakout above the RM4.09 level, targeting the RM4.40 level. Support will be pegged around the RM3.88 level.

Source: M+ Online Research - 17 Jun 2015