M+ Online Morning Market Buzz - 12 May 22

Dow Jones: 31,834.11 pts (-326.63pts, -1.02%)
⬆ Resistance:  34600

⬇ Support:  31200

FBM KLCI: 1,555.93 pts (+1.35pts, +0.09%)
⬆ Resistance:  1650

⬇ Support:  1520

HSI Index: 19,824.57 pts (+190.88pts, +0.97%)
⬆ Resistance:  21800

⬇ Support:  18800

Crude Palm Oil: RM6,507 (+RM31, +0.48%)
⬆ Resistance:  7070

⬇ Support:  6140

Brent Oil: $107.51 (+$5.05, +4.93%)
⬆ Resistance:  116.30

⬇ Support:  99.30

Gold: $1,852.40 (+$14.13, +0.77%)
⬆ Resistance:  1950

⬇ Support:  1800

M+ Online Technical Trading Stocks - 12 May 22

Stock Name: AEON (6599)
Entry: Buy above RM1.62
Target: RM1.69 (4.3%), RM1.80 (11.1%)
Stop: RM1.55 (-4.3%)
Shariah: Yes

Technical: Bullish engulfing candle

Stock Name: TALIWRK (8524)
Entry: Buy above RM0.945
Target: RM0.985 (4.2%), RM1.00 (5.8%)
Stop: RM0.905 (-4.2%)
Shariah: Yes

Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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