M+ Online Market Wrap – 23 Nov 15: KLCI +9.01 pts (+0.54%) @1,670.90 pts. The FBM KLCI rose for the third straight session, taking cue from the positive close in Wall Street last Friday as the key index was traded largely in the positive territory. The lower liners also edged higher, while the Industrial (-0.2%), Consumer Products (-0.2%) and Properties (-0.1%) sectors underperformed the broader market. On the FBM KLCI, there are 19 advancers, 8 decliners and 3 traded unchanged. WTI Crude oil price stood at US$40.60.

Volume: 2.95 bln (3-month avg vol: 2.18 bln) & Value: 1.93 bln :arrow_up::449, ::arrow_down:474 
FCPO -RM6@RM2,284
Dow Futures -30

Active stocks: 
INSTACO@RM0.315, GLOTEC +2.0sen@RM0.065, EAH@RM0.135, HIBISCS@RM0.285  

Potential stocks:

GOB +3.0sen@RM0.65, price experienced a breakout above the RM0.635 resistance level with improved volumes. The MACD Histogram has turned green, but the RSI is overbought. Trailing stop-loss is pegged to the RM0.625 level. 

YOCB +3.0sen@RM1.04, price has formed a bullish engulfing candle after being supported above the EMA9 level. The MACD Histogram has turned green, while the RSI hovers above the 50 level. 

YSPSAH +11.0sen@RM2.53, price gapped up and close above the EMA60 level with improved volumes. The MACD Histogram has extended another green bar, while the RSI is approaching the 50 level. 

Source: Bloomberg, M+ Online

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