The FBM KLCI extended its gains after recovering all its intraday losses as window dressing activities sent the key index higher to close at around the 1,683.82 level ahead of the mid-week Christmas break. The MACD Histogram has extended another green bar, while the RSI is approaching 50. Resistance will be pegged around the 1,700-1,710 levels. Support will be set around the 1,670 level.

DIGI has advanced to close above the EMA60 level. The MACD Histogram has turned green, while the RSI remains above 50. Monitor for a breakout above RM4.50, targeting the RM4.85 and RM5.00 levels. Support will be set around the RM4.26 level.

CARIMIN has formed a breakout-pullback-continuation pattern to close above the EMA9 level with improved volumes. The MACD Histogram has turned green, while the RSI remains above 50. Price may advance, targeting the RM0.435-RM0.47 levels. Support will be anchored around the RM0.355 level.

SUPERMX has trended higher to close above the EMA20 level. The MACD Histogram has extended another green bar, while the RSI is re-testing 50. Monitor for a trendline breakout above RM3.70, targeting the RM3.95-RM4.10 levels. Support will be pegged around the RM3.43 level.

Source: Mplus Research - 26 Dec 2018