Despite the negative market sentiments across the region, the FBM KLCI trended sideways above the 1,600 level. The MACD Histogram extended another green bar. The RSI, however, is hovering below 50. Resistance will be pegged around the 1,630 level. Support will be set around 1,600.

INARI has experienced a breakout above the RM3.42 level with higher-than-average volumes. The MACD Histogram extended another green bar. The RSI is in the oversold region. Price may rally towards the target of the RM3.57-RM3.96 levels. Support will be pegged around the RM3.33 level.

ATURMJU surged above the RM0.93 level with high volumes. The MACD Indicator has expanded positively above zero, but the RSI is overbought. Price is likely to surge towards the price target of RM1.11 and RM1.24 levels. Support will be anchored around the RM0.855 level.

KERJAYA trended sideways between the RM1.70-RM1.77 levels. The MACD Line, however, has pulled back below the Signal Line. Nevertheless, the RSI is hovering above 50. Monitor for a breakout above the RM1.77 level, targeting the RM2.00 level. Support will be located around the RM1.70 level.

Source: M+ Online Research - 27 Jan 2016