M+ Online Market Wrap – 2 Feb 16: KLCI -14.62 pts (-0.88%) @1,653.18 pts. The FBM KLCI snapped a five straight winning streak on quick profit taking activities amongst selective plantations and oil & gas heavyweights. The lower liners, however, closed mostly positive, while the Construction (+0.2%), Technology (+2.5%) and Mining (+3.3%) outperformed the broader market. On the FBM KLCI, there are 11 advancers, 17 decliners and 2 traded unchanged. WTI Crude oil price stood at US$30.68.

Volume: 1.62 bln (3-month avg vol: 2.13 bln) & Value: 2.55 bln :⬆382, :⬇463    
FCPO +RM71@RM2,514
Dow Futures -147

Active stocks:    
TIGER@RM0.085, APFT +1.0sen@RM0.23, XOX +1.0sen@RM0.21, AAX@RM0.245

Potential stocks:

ATURMJU +5.0sen@RM0.99, price formed a T+4 formation breakout with improved volumes. The MACD Histogram has turned green, but the RSI is overbought. Trailing stop loss will be located around RM0.915.

NTPM +4.0sen@RM0.955, price has formed a breakout-pullback-continuation pattern on the EMA20 level. The MACD Histogram has turned green, while the RSI has crossed above the 50 level.

JTIASA +6.0sen@RM1.51, price has gapped up and breakout above the RM1.46 level. The MACD Histogram has extended another green bar, while the RSI continues to hover above the 30 level.

Source: Bloomberg, M+ Online

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