M+ Online Morning Market Buzz - 10 May 22

Dow Jones: 32,245.70 pts (-653.67pts, -1.99%)
⬆ Resistance:  34900
⬇ Support:  31500

FBM KLCI: 1,549.18 pts (-15.16pts, -0.97%)
⬆ Resistance:  1650
⬇ Support:  1520

HSI Index: 20,001.96 pts (-791.44pts, -3.81%)
⬆ Resistance:  21800
⬇ Support:  19600

Crude Palm Oil: RM6,305 (-RM104, -1.62%)
⬆ Resistance:  7070
⬇ Support:  6220

Brent Oil: $105.94 (-$6.45, -5.74%)
⬆ Resistance:  116.30
⬇ Support:  102.60

Gold: $1,854.17 (-$29.64, -1.57%)
⬆ Resistance:  1950
⬇ Support:  1820

M+ Online Technical Trading Stocks - 10 May 22

Stock Name: CJCEN (7117)
Entry: Buy above RM0.615
Target: RM0.665 (8.1%), RM0.68 (10.6%)
Stop: RM0.575 (-6.5%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: YTLPOWR (6742)
Entry: Buy above RM0.76
Target: RM0.795 (4.6%), RM0.84 (10.5%)
Stop: RM0.73 (-3.9%)
Shariah: No
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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