M+ Online Market Wrap – 16 Feb 16: KLCI +15.03 pts (+0.91%) @1,664.99 pts. Following the extended gains in crude oil prices, the FBMKLCI closed in green for two consecutive days, supported by buying support in O&G and telco heavyweights. Similarly, the lower liners and broader market were positive as well. On the FBM KLCI, there are 19 advancers, 7 decliners and 4 traded unchanged. WTI Crude oil price stood at US$30.03.

Volume: 1.80 bln (3-month avg vol: 1.98 bln) & Value: 1.77 bln ⬆:551, ⬇:303    
FCPO -RM17@RM2,582
Dow Futures -4

Active stocks:    
HUBLINE@RM0.010, APFT -1.5sen@RM0.20, TIGER -0.5sen@RM0.05, SKH@RM0.095.

Potential stocks:

TECGUAN +12.0sen@RM1.76, price has gapped up to close above the EMA60 level with improved volumes. The MACD Histogram has extended another green bar, while the RSI has crossed above the 30 level.

YSPSAH +11.0sen@RM2.77, price has formed a breakout-pullback-continuation pattern on the EMA20 level with improved volumes. The MACD Line has given a BUY signal, while the RSI has crossed above the 50 level.

DSONIC +8.0sen@RM1.25, price has breakout above the RM1.24 resistance level to close above the EMA20 level. The MACD Line has given a BUY signal, while the RSI has crossed above the 50 level.

Source: Bloomberg, M+ Online

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