Dow Jones: 27,674.80 pts (+182.24pts, +0.66%)
U.S. stockmarkets advanced as the Dow gained 0.7% to close at fresh record high levels after both U.S. and China sets to gradually roll back their tariffs ahead of the "Phase 1" trade agreement. The immediate resistance is located at 27,700.

FBM KLCI: 1,609.33 pts (+6.08pts, +0.38%)
The FBM KLCI (+0.4%) advanced alongside with gains across regional peers after recovering all its' intraday losses in the eleventh trading hour yesterday. The immediate resistance is located at 1,620.

Crude Palm Oil: RM2,528 (-RM26, -1.02%)
Crude palm oil prices retreated, mirroring the weakness in soybean oil prices, coupled with the stronger Ringgit against the Greenback. The immediate resistance is located around RM2,600.

WTI Crude Oil: $56.35 (+$0.72, +1.28%)
Crude oil prices rebounded over optimism stemmed by the improved U.S.-China trade relations. The immediate resistance is located at US$58.

Gold: $1,468.48 (-$22.09, -1.48%)
Gold prices closed at three-month low after finishing sharply lower as demand for safe haven assets took a dive. The immediate support is located around $1,400.

M+ Online Technical Trading Stocks - 8 Nov 19

Stock Name: HOHUP (5169)
Entry: Buy above RM0.555
Target: RM0.58 (4.5%), RM0.605 (9.0%)
Stop: RM0.53 (-4.5%)
Shariah: Yes
Technical: Flag-formation breakout

Stock Name: NAIM (5073)
Entry: Buy above RM1.01
Target: RM1.10 (8.9%), RM1.17 (15.8%)
Stop: RM0.95 (-5.9%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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