Dow Jones: 26,511.05 pts (-48.49pts, -0.18%)
U.S. stockmarkets closed on a mixed note on Monday as the Dow fell 0.2% dragged down by Boeing Co. (-1.3%), but the S&P 500 gained 0.1%, boosted by energy sector (+2.1%) after crude oil prices rallied. The immediate resistance is located at 27,000.

FBM KLCI: 1,622.06 pts (-0.01pts, -0.00%)
The FBM KLCI (-0.00%) erased all its intraday gains to close on a flat note on weakness in Petronas-related and telco heavyweights. The immediate support is located at 1,610.

Crude Palm Oil: RM2,172 (-RM18, -0.82%)
Crude palm oil prices retreated on concern over rising production could elevate the high stockpiles condition. The immediate support is located around RM2,100.

WTI Crude Oil: $65.55 (+$1.55, +2.43%)
Crude oil prices rallied to close at six months high after U.S. will stop issuing waivers for countries that import Iranian oil. The immediate resistance is located at US$67.

Gold: $1,274.99 (-$0.53, -0.04%)
Gold prices trended lower after the U.S. Dollar advanced against a basket of currencies. The immediate resistance is located around $1,300.

Technical Trading Stocks - 23 Apr 19 
Stock Name: HIBISCS (5199)
Entry: Buy above RM1.15
Target: RM1.24 (7.8%), RM1.36 (18.3%)
Stop: RM1.08 (-6.1%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: MI (5286)
Entry: Buy above RM2.24
Target: RM2.49 (11.2%), RM2.63 (17.4%)
Stop: RM2.12 (-5.4%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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