The FBM KLCI traded to an intra-day low of 1,557.01 pts (-20.40 pts) before ending marginally lower at 1,574.67 pts (-2.74 pts) on Friday. The MACD Histogram has extended another green bar, while the RSI is oversold. Resistance will be set around 1,600. Support will be pegged around the 1,560 level.

CAREPLS has experienced a consolidation breakout above the RM0.445 level with improved volumes. The MACD Histogram has extended another green bar, but the RSI is hovering below 50. Price may rebound higher towards the RM0.51 level after a short consolidation. Support will be set around RM0.41.

VS experienced a sideways consolidation breakout above the RM5.53 level. The MACD Indicator is trending higher. The RSI, however is hovering below 50. Price may rally further towards the RM6.30-RM6.50 levels over the near term. Support will be anchored around the RM5.37 level.

D&O has rebounded off the EMA120 level with higher-than-average volumes, forming a bullish engulfing bar. The MACD Histogram extended another green bar, while the RSI is hovering above 50. Price may rally towards the RM0.305 and RM0.325 levels. Support will be located around the RM0.255 level.

Source: M+ Online Research - 24 Aug 2015