KLSE Traders Update and Ideas

Daily Market Update - 10 Mar 2020 (TOPGLOV, GHLSYS)

mplus313
Publish date: Tue, 10 Mar 2020, 08:41 AM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

Dow Jones: 23,851.02 pts (-2013.76pts, -7.79%)
⬆ Resistance: 25,000
⬇ Support: 23,200

FBM KLCI: 1,424.16 pts (-58.94pts, -3.97%)
⬆ Resistance: 1,475
⬇ Support: 1,400

Crude Palm Oil: RM2,332 (-RM119, -4.86%)
⬆ Resistance: 2,500
⬇ Support: 2,300

WTI Crude Oil: $31.13 (-$10.15, -25.35%)
⬆ Resistance: 40.00
⬇ Support: 30.00

Gold: $1,680.47 (+$6.64, +0.39%)
⬆ Resistance: 1,700
⬇ Support: 1,600

M+ Online Technical Trading Stocks - 10 Mar 20

Stock Name: TOPGLOV (7113)
Entry: Buy above RM6.00
Target: RM6.25 (4.2%), RM6.50 (8.3%)
Stop: RM5.85 (-2.5%)
Shariah: Yes
Technical: Resistance breakout

Stock Name: GHLSYS (0021)
Entry: Buy above RM1.75
Target: RM1.86 (6.3%), RM1.93 (10.3%)
Stop: RM1.66 (-5.1%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

 

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