The FBM KLCI lingered in the negative territory for the entire trading session before closing lower at the 1,792.94 level yesterday. The MACD Histogram has turned red, while the RSI has tripped below 50. Resistance will be pegged around the 1,800-1,820 levels. Support will be set around the 1,780 level.

AWC has experienced a trendline breakout above the RM0.775 level. The MACD Histogram has extended another green bar, but the RSI remains below 50. Price may trend higher, targeting the RM0.83 and RM0.875 levels. Support will be set around the RM0.725 level.

POHUAT has extended its gains to retest the EMA60 level with slightly improved volumes. The MACD Histogram has extended another green bar, while the RSI is approaching 50. Monitor for a breakout above RM1.40, targeting the RM1.48 and RM1.55 levels. Support will be set around the RM1.35 level.

PIE has advance to close above the EMA20 level accompanied by rising volumes. The MACD Indicator has issued a BUY Signal, while the RSI is re-testing 50. Price may stage further recovery, targeting the RM1.50-RM1.58 levels. Support is set around the RM1.35 level.

Source: Mplus Research - 19 Sept 2018