KLSE Traders Update and Ideas

Daily Market Update - 24 Sept 2021 (REXIT, NGGB)

mplus313
Publish date: Fri, 24 Sep 2021, 08:42 AM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Morning Market Buzz - 24Sep21

Dow Jones: 34,764.82 pts (+506.50pts, +1.48%)
⬆ Resistance:  35600
⬇ Support:  33000

FBM KLCI: 1,539.34 pts (+10.32pts, +0.67%)
⬆ Resistance:  1590
⬇ Support:  1500

HSI Index: 24,510.98 pts (+289.44pts, +1.19%)
⬆ Resistance:  25500
⬇ Support:  23300

Crude Palm Oil: RM4,447 (+RM117, +2.70%)
⬆ Resistance:  4550
⬇ Support:  3960

Brent Oil: $77.25 (+$1.06, +1.39%)
⬆ Resistance:  78.90
⬇ Support:  71.80

Gold: $1,742.76 (-$25.40, -1.44%)
⬆ Resistance:  1830
⬇ Support:  1710

M+ Online Technical Trading Stocks - 24Sep21

Stock Name: REXIT (0106)
Entry: Buy above RM0.95
Target: RM1.02 (7.4%), RM1.04 (9.5%)
Stop: RM0.91 (-4.2%)
Shariah: Yes
Technical: Flag-formation breakout

Stock Name: NGGB (7241)
Entry: Buy above RM0.76
Target: RM0.815 (7.2%), RM0.84 (10.5%)
Stop: RM0.73 (-3.9%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

 

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