The FBM KLCI has snapped its six-session losing streak on the back bargain hunting activities. The MACD histogram has turned green, while the RSI has crossed above 30. The FBM KLCI may rebound further towards the 1,692-1,700 levels. Support will be located around the 1,630-1,660 levels.

MINHO has trended sideways over the past three trading weeks and volumes have picked-up yesterday. The MACD Histogram has turned green, while the RSI continues to stay above the 50 level. Monitor for a breakout above the RM1.36 level, targeting the RM1.54-RM1.67 levels. Support will be pegged around the RM1.27 level.

YSPSAH trended sideways between the RM2.52-RM2.65 levels over the past two weeks. The MACD Line has crossed above zero, while the RSI is hovering above 50. Monitor for a breakout above the RM2.65 level, targeting the RM3.00 level. Support will be anchored around the RM2.52 level.

AEMULUS experienced a sideways consolidation breakout above the RM0.535 level with improved volumes. The MACD Line is above zero, while the RSI has hooked above 50. Price may rally towards the target of the RM0.60-RM0.66 levels after a short consolidation. Support will be set around the RM0.50 level.

Source: M+ Online Research - 4 Nov 2015