Dow Jones: 25,891.32 pts (+8.07pts, +0.03%)
U.S. stockmarkets extended their gains overnight as the Dow added 0.03%, boosted by strong corporate earnings from Walmart Inc (+2.2%). The immediate resistance is located at 26,000.

FBM KLCI: 1,706.56 pts (+13.82pts, +0.82%)
The FBM KLCI (+0.8%) was powered to close above the 1,700 psychological level, after lingering in the positive territory for the entire trading session yesterday. The immediate resistance is located at 1,730.

Crude Palm Oil: RM2,260 (-RM26, -1.14%)
Crude palm oil prices formed a bearish engulfing candle after erasing all its intraday gains as Malaysia and France is expected to hold dialogues in relation for a better understanding of the palm oil industry. The immediate resistance is located around RM2,300.

WTI Crude Oil: $56.09 (+$0.50, +0.90%)
Crude oil prices advanced as optimism stemmed from the potential U.S. and China trade deal could boost global energy demand. The immediate resistance is located at US$60.

Gold: $1,340.94 (+$14.05, +1.06%)
Gold prices recorded its fourth straight session of gains after the Greenback continues to depreciate against a basket of currencies. The immediate resistance is located around $1,350.

Potential Momentum Stocks - 20 Feb 19 
Stock Name: EWINT (5283)
Entry: Buy above RM0.795
Target: RM0.85 (6.9%), RM0.895 (12.6%)
Stop: RM0.74 (-6.9%)
Shariah: No
Technical: Resistance breakout

Stock Name: TGUAN (7034)
Entry: Buy above RM2.38
Target: RM2.60 (9.2%), RM2.71 (13.9%)
Stop: RM2.27 (-4.6%)
Shariah: Yes
Technical: Monitor for trendline breakout

Source: Bloomberg, M+ Online

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