Dow Jones: 24,715.09 pts (+1.11pts, +0.00%)
U.S. stockmarkets ended on a mixed note as the Dow closed flat amid uncertainty surrounding trade talks with China but the S&P 500 fell 0.3%. The immediate resistance is located at 25,000.

FBM KLCI: 1,854.50 pts (+0.06pts, +0.00%)
The FBM KLCI closed relatively unchanged after erasing all its intraday gains yesterday amid the selling activities from foreign funds. The immediate support is located at 1,830.

Crude Palm Oil: RM2,450 (+RM18, +0.74%)
Crude palm oil prices extended its gains on optimism over strong demand. The immediate resistance is envisaged around RM2,450.

WTI Crude Oil: $71.28 (-$0.21, -0.30%)
Crude oil prices closed lower, despite the plummeting Venezuelan production. The immediate resistance is located at US$75.

Gold: $1,293.04 (+$2.25, +0.17%)
Gold prices rebounded on the political uncertainty in Italy and Venezuela. The immediate support will be pegged around US$1,260.

Bursa Malaysia Trade Statistics - 18 May 18
Institutions:  Net BUY 120.3 mln (55.3%)
Retail:  Net BUY 130.9 mln (21.7%)
Foreign:  Net SELL 251.2 mln (23.0%)

Potential Momentum Stocks - 21 May 18 
Stock Name: PENTA (7160)
Entry: Buy above RM2.36
Target: RM2.66 (12.7%), RM2.82 (19.5%)
Stop: RM2.11 (-10.6%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: DSONIC (5216)
Entry: Buy above RM0.95
Target: RM1.04 (9.5%), RM1.09 (14.7%)
Stop: RM0.87 (-8.4%)
Shariah: Yes
Technical: Monitor for trendline breakout

Source: Bloomberg, M+ Online

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