Finally, the FBM KLCI surged above the EMA9 level after trending one month below the moving average. The MACD Line is strengthening above the Signal Line. The RSI has crossed above 50. The FBM KLCI may rebound higher towards the 1,660 level over the near term. Support will be set around 1,610.

YEELEE has experienced a flag formation breakout above the RM2.35 level with higher-than-average volumes. The MACD Indicator has expanded positively above zero, while the RSI is hovering above 50. Monitor for a breakout above the RM2.36 level, targeting the RM2.50-RM2.60 levels. Support will be pegged around RM2.29.

JHM has rebounded off the EMA20 level with improved volumes and ended above the EMA9 level. The MACD Histogram has turned green, while the RSI is above 50. Price target will be envisaged around the RM0.72 and RM0.80 levels. Support will be located around the RM0.59 level.

BIOHLDG has experienced a flag formation breakout above the RM0.38 level with improved volumes. The MACD Histogram has turned green, while the RSI is hovering above 50. Price may rally towards the RM0.425 and RM0.45 levels after a short consolidation. Support will be anchored around RM0.375.

Source: M+ Online Research - 30 Mar 2015