Bargain hunting activities was noted on the FBM KLCI and the key index is supported above the 1,600 level. The MACD Histogram, however, extended another red bar. Nevertheless, the RSI is hovering above 50. The key index may be due for a technical rebound to 1,620. Support will be set around 1,560.

COMFORT stayed sideways after the breakout of the RM0.74 level two trading days ago. The MACD Line has crossed above zero, while the RSI is hovering above 50. Price may rally towards the RM0.795 and RM0.86 levels after a short consolidation. Support will be set around the RM0.72 level.

LEESK trended sideways and rebounded off the EMA9 level without significant volumes. The MACD Line has surged above zero, while the RSI is hovering above 50. Monitor for a breakout above the RM0.31 level, targeting the RM0.31 and RM0.35 levels. Support will be located around the RM0.29 level.

AWC has trended sideways between the RM0.355 and RM0.37 levels over the past week. The MACD Line is trending higher above zero, but the RSI is overbought. Monitor for a breakout above the RM0.37 level, targeting the RM0.395 and RM0.425 levels. Support will be anchored around the RM0.355 level.

Source: M+ Online Research - 30 Sep 2015