KLSE Traders Update and Ideas

Daily Market Update - 17 Feb 2022 (JFTECH, HPMT)

mplus313
Publish date: Thu, 17 Feb 2022, 08:46 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 - 17 Feb 22

Dow Jones: 34,934.27 pts (-54.57pts, -0.16%)
⬆ Resistance:  36600
⬇ Support:  33700

FBM KLCI: 1,603.20 pts (+3.59pts, +0.22%)
⬆ Resistance:  1650
⬇ Support:  1520

HSI Index: 24,718.90 pts (+363.19pts, +1.49%)
⬆ Resistance:  25600
⬇ Support:  23800

Crude Palm Oil: RM5,433 (+RM51, +0.94%)
⬆ Resistance:  5890
⬇ Support:  5260

Brent Oil: $94.81 (+$1.53, +1.64%)
⬆ Resistance:  98.80
⬇ Support:  88.70

Gold: $1,869.80 (+$16.19, +0.87%)
⬆ Resistance:  1920
⬇ Support:  1790

M+ Online Technical Trading Stocks - 17 Feb 22

Stock Name: JFTECH (0146)
Entry: Buy above RM1.31
Target: RM1.40 (6.9%), RM1.47 (12.2%)
Stop: RM1.27 (-3.1%)
Shariah: Yes
Technical: Flag-formation breakout

Stock Name: HPMT (5291)
Entry: Buy above RM0.715
Target: RM0.76 (6.3%), RM0.80 (11.9%)
Stop: RM0.675 (-5.6%)
Shariah: Yes
Technical: Bullish harami candle

Source: Bloomberg, M+ Online

 

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