Dow Jones: 27,875.62 pts (+109.33pts, +0.39%)
U.S. stockmarkets rebounded as the Dow gained 0.4% on last Friday on optimism over U.S.-China trade progress from U.S. President Donald Trump re-assurance over the potential trade deal. The immediate resistance is located at 28,000.

FBM KLCI: 1,596.84 pts (+4.65pts, +0.29%)
The FBM KLCI (+0.3%) rebounded after recovering all its' intraday losses, boosted by gains in selected oil & gas heavyweights yesterday. The immediate resistance is located at 1,610.

Crude Palm Oil: RM2,748 (+RM81, +3.04%)
Crude palm oil prices formed a bullish engulfing candle after the Malaysian Palm Oil Association seeks for government to suspend the windfall tax, following the recent CPO price rally. The immediate resistance is located around RM2,800.

WTI Crude Oil: $57.77 (-$0.81, -1.39%)
Crude oil prices retreated from two-month high as investor assess on the possibility of OPEC's production cut beyond 2019. The immediate resistance is located at US$60.

Gold: $1,461.93 (-$2.48, -0.17%)
Gold prices extended its' losses after erasing all its' intraday gains as investors opted for riskier assets. The immediate resistance is located around $1,500.

M+ Online Technical Trading Stocks - 25 Nov 19

Stock Name: SAMCHEM (5147)
Entry: Buy above RM0.735
Target: RM0.805 (9.5%), RM0.85 (15.6%)
Stop: RM0.695 (-5.4%)
Shariah: No
Technical: Flag-formation breakout

Stock Name: BJTOTO (1562)
Entry: Buy above RM2.63
Target: RM2.76 (4.9%), RM2.82 (7.2%)
Stop: RM2.52 (-4.2%)
Shariah: No
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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