M+ Online Morning Market Buzz - 24 May 22

Dow Jones: 31,880.24 pts (+618.34pts, +1.98%)
⬆ Resistance:  33400
⬇ Support:  30100

FBM KLCI: 1,542.53 pts (-6.59pts, -0.43%)
⬆ Resistance:  1600
⬇ Support:  1510

HSI Index: 20,470.06 pts (-247.18pts, -1.19%)
⬆ Resistance:  21300
⬇ Support:  19600

Crude Palm Oil: RM6,242 (-RM19, -0.30%)
⬆ Resistance:  6460
⬇ Support:  5810

Brent Oil: $113.42 (+$0.87, +0.77%)
⬆ Resistance:  118.10
⬇ Support:  103.60

Gold: $1,853.59 (+$7.09, +0.38%)
⬆ Resistance:  1910
⬇ Support:  1780

M+ Online Technical Trading Stocks - 24 May 22

Stock Name: IJM (3336)
Entry: Buy above RM1.87
Target: RM2.00 (7.0%), RM2.06 (10.2%)
Stop: RM1.76 (-5.9%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: GENTING (3182)
Entry: Buy above RM4.93
Target: RM5.19 (5.3%), RM5.35 (8.5%)
Stop: RM4.73 (-4.1%)
Shariah: No
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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