M+ Online Market Wrap – 26 Nov 15: KLCI -1.33 pts (-0.08%) @1,683.09 pts. The FBM KLCI snapped a five consecutive winning streak as profit taking activities emerged in selective index heavyweights. The lower liners, however, ended slightly higher – FBM Small Cap (+0.3%), FBM Fledging (+0.4%) and FBM Ace (+0.2%) amidst the mixed broader market. On the FBM KLCI, there are 15 advancers, 11 decliners and 4 traded unchanged. WTI Crude oil price stood at US$42.95.

Volume: 2.33 bln (3-month avg vol: 2.19 bln) & Value: 1.97 bln :arrow_up::425, :arrow_down::439 
FCPO +RM35@RM2,333
Dow Futures +56

Active stocks: 
BORNOIL@RM0.16, KNM +2.5sen@RM0.535, INGENCO +0.5sen@RM0.07, INSTACO -1.0sen@RM0.31 

Potential stocks:

PRESBHD +6.0sen@RM2.52, price formed a bullish engulfing candle to close on the EMA20 level with improved volumes. The MACD Histogram has turned green, while the RSI has crossed above the 50 level. 

CCM +6.0sen@RM1.06, price experienced a breakout above the RM1.02 resistance level with high volumes. The MACD Line has given a “Buy” signal, while the RSI is approaching the overbought level. 

MINHO +4.0sen@RM1.30, price has formed a breakout-pullback-continuation pattern the EMA20 level. The MACD Histogram has extended another red bar, while the RSI has crossed above the 50 level. 

Source: Bloomberg, M+ Online

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