KLSE Traders Update and Ideas

Daily Market Update - 10 Jun 2022 (IGBREIT, EDARAN)

Publish date: Fri, 10 Jun 2022, 08:43 AM
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This blog provides market updates and trading ideas that I gather from around the web. As I am a Dealer's Representative, I watch and follow the market quite closely, and send updates to my clients regularly.

The daily market update is usually sent out to client's mobile in the morning. While the market summary is sent out in the evening.

Want to receive the daily market update straight in your mobile phone? Open a trading account: http://klse.i3investor.com/jsp/partner/my/mplus.jsp

M+ Online Morning Market Buzz - 10 Jun 22

Dow Jones: 32,272.79 pts (-638.11pts, -1.94%)
⬆ Resistance:  34000
⬇ Support:  31700

FBM KLCI: 1,509.71 pts (-14.15pts, -0.93%)
⬆ Resistance:  1590
⬇ Support:  1480

HSI Index: 21,869.05 pts (-145.54pts, -0.66%)
⬆ Resistance:  22600
⬇ Support:  20700

Crude Palm Oil: RM6,256 (+RM46, +0.74%)
⬆ Resistance:  6770
⬇ Support:  6030

Brent Oil: $123.07 (-$0.51, -0.41%)
⬆ Resistance:  126.90
⬇ Support:  113.70

Gold: $1,847.95 (-$5.41, -0.29%)
⬆ Resistance:  1920
⬇ Support:  1810

M+ Online Technical Trading Stocks - 10 Jun 22

Stock Name: IGBREIT (5227)
Entry: Buy above RM1.68
Target: RM1.77 (5.4%), RM1.79 (6.5%)
Stop: RM1.62 (-3.6%)
Shariah: No
Technical: Monitor for breakout

Stock Name: EDARAN (5036)
Entry: Buy above RM0.65
Target: RM0.705 (8.5%), RM0.735 (13.1%)
Stop: RM0.62 (-4.6%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online



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The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.

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