Dow Jones: 28,121.68 pts (+55.21pts, +0.20%)
U.S. stockmarkets march higher to close at another fresh record high level as the Dow gained 0.2%, spurred by optimism over U.S. Federal Reserve Chairman, Jerome Powell remarks on the low interest rate condition to prolong. The immediate resistance is located at 28,500.

FBM KLCI: 1,583.87 pts (-7.48pts, -0.47%)
The FBM KLCI (-0.5%) extended its' losses after erasing all its' intraday gains as the key index underperformed regional peers yesterday. The immediate resistance is located at 1,600.

Crude Palm Oil: RM2,676 (-RM57, -2.09%)
Crude palm oil prices extended its' losses, taking cue from the lower soybean oil prices. The immediate support is located around RM2,700.

WTI Crude Oil: $58.41 (+$0.40, +0.69%)
Crude oil prices extended their gains on optimism surrounding the U.S.-China trade progress, coupled with expectations over OPEC could extend production cut into 2020. The immediate resistance is located at US$60.

Gold: $1,461.39 (+$6.13, +0.42%)
Gold prices snapped a three-day losing streak on rising demand in safe haven assets amid the uncertainty surrounding Hong Kong political situation. The immediate resistance is located around $1,500.

M+ Online Technical Trading Stocks - 27 Nov 19

Stock Name: DPHARMA (7148)
Entry: Buy above RM1.38
Target: RM1.45 (5.1%), RM1.48 (7.2%)
Stop: RM1.34 (-2.9%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: TECHBND (5289)
Entry: Buy above RM0.845
Target: RM0.90 (6.5%), RM0.935 (10.7%)
Stop: RM0.815 (-3.6%)
Shariah: Yes
Technical: Consolidation 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.