The FBM KLCI continues to trend above the EMA9 level, indicating that the short term trend is positive. The MACD Histogram extended another green bar, while the RSI is hovering above 50. Resistance will be envisaged around 1,660. Support will be located around 1,600.

GADANG trended sideways above the EMA9 level with improved volumes. The MACD Histogram has turned green, while the RSI is trending above the 50 level. Monitor for a breakout above the RM1.36 level, targeting the RM1.49 and RM1.59 levels. Support will be set around the RM1.32 level.

SYF has rebounded off the EMA9 level with improved volumes. The MACD Line is hovering above zero, while the RSI has bounced off the 50 level. Price may rally towards the price target of the RM0.50, RM0.53 and RM0.575 levels. Support will be anchored around the RM0.46 level.

JCY has trended sideways between the RM0.665 to RM0.68 levels over past week. The MACD Histogram has turned green, while the RSI is trending above 50. Monitor for a breakout above RM0.68, targeting the RM0.705 and RM0.76 levels. Meanwhile, the support will be located around the RM0.66 level.

Source: M+ Online Research - 5 Oct 2015