Dow Jones: 26,412.30 pts (+269.25pts, +1.03%)
U.S. stockmarkets recovered all of their weekly losses as the Dow surged 1.0%, lifted by stronger-than-expected corporate earnings. The immediate resistance is located at 27,000.

FBM KLCI: 1,630.17 pts (+5.94pts, +0.37%)
The FBM KLCI (+0.4%) rebounded amid bargain hunting activities from its previous session selloff. The immediate resistance is located at 1,650.

Crude Palm Oil: RM2,162 (+RM8, +0.37%)
Crude palm oil prices staged a mild recovery in tandem with the gains in soybean oil prices. The immediate support is located around RM2,100.

WTI Crude Oil: $63.89 (+$0.31, +0.49%)
Crude oil prices rebounded on the escalating geopolitical tension in Libya. The immediate resistance is located at US$67.

Gold: $1,290.43 (-$2.09, -0.16%)
Gold prices retreated as demand for safe haven assets fell out of favour. The immediate resistance is located around $1,350.

Technical Trading Stocks - 15 Apr 19 
Stock Name: UNIMECH (7091)
Entry: Buy above RM1.11
Target: RM1.18 (6.3%), RM1.21 (9.0%)
Stop: RM1.05 (-5.4%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: MMCCORP (2194)
Entry: Buy above RM1.10
Target: RM1.18 (7.3%), RM1.21 (10.0%)
Stop: RM1.04 (-5.5%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.