KLSE Traders Update and Ideas

Daily Market Update - 7 Feb 2020 (NAIM, JHM)

mplus313
Publish date: Fri, 07 Feb 2020, 08:34 AM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

Dow Jones: 29,379.77 pts (+88.92pts, +0.30%)
⬆ Resistance: 29,500
⬇ Support: 28,500

FBM KLCI: 1,552.77 pts (+15.98pts, +1.04%)
⬆ Resistance: 1,570
⬇ Support: 1,530

Crude Palm Oil: RM2,850 (+RM46, +1.64%)
⬆ Resistance: 2,900
⬇ Support: 2,750

WTI Crude Oil: $50.95 (+$0.38, +0.75%)
⬆ Resistance: 55.00
⬇ Support: 50.00

Gold: $1,566.66 (+$10.64, +0.68%)
⬆ Resistance: 1,600
⬇ Support: 1,550

M+ Online Technical Trading Stocks - 7 Feb 20

Stock Name: NAIM (5073)
Entry: Buy above RM1.21
Target: RM1.33 (9.9%), RM1.44 (19.0%)
Stop: RM1.13 (-6.6%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: JHM (0127)
Entry: Buy above RM1.52
Target: RM1.62 (6.6%), RM1.71 (12.5%)
Stop: RM1.46 (-3.9%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

 

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Be the first to like this. Showing 3 of 3 comments

moniekj

Go for Ktc

2020-02-07 08:52

moniekj

Taken profit for Ktc. Monday I will give you another strong counter. Even stronger. Should be strong 3 days surge. Still under monitoring. Want to confirm its last TA criteria. If it ready I will post here Monday morning.

2020-02-07 13:08

moniekj

Counter E or I.

2020-02-08 16:22

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