KLSE Traders Update and Ideas

Daily Market Update - 16 Dec 2021 (GUH, TALIWRK)

mplus313
Publish date: Thu, 16 Dec 2021, 08:33 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 - 16 Dec 21

Dow Jones: 35,927.43 pts (+383.25pts, +1.08%)
⬆ Resistance:  36800
⬇ Support:  34700

FBM KLCI: 1,482.81 pts (+1.89pts, +0.13%)
⬆ Resistance:  1540
⬇ Support:  1450

HSI Index: 23,420.76 pts (-215.19pts, -0.91%)
⬆ Resistance:  24900
⬇ Support:  22900

Crude Palm Oil: RM4,266 (-RM6, -0.14%)
⬆ Resistance:  5020
⬇ Support:  4330

Brent Oil: $73.88 (+$0.18, +0.24%)
⬆ Resistance:  78.30
⬇ Support:  71.10

Gold: $1,776.92 (+$6.07, +0.34%)
⬆ Resistance:  1830
⬇ Support:  1720

M+ Online Technical Trading Stocks - 16 Dec 21

Stock Name: GUH (3247)
Entry: Buy above RM0.565
Target: RM0.62 (9.7%), RM0.65 (15.0%)
Stop: RM0.515 (-8.8%)
Shariah: Yes
Technical: Bullish harami candle

Stock Name: TALIWRK (8524)
Entry: Buy above RM0.845
Target: RM0.875 (3.6%), RM0.90 (6.5%)
Stop: RM0.82 (-3.0%)
Shariah: Yes
Technical: Resistance breakout

Source: Bloomberg, M+ Online

 

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