KLSE Traders Update and Ideas

Daily Market Update - 1 Dec 2022

mplus313
Publish date: Thu, 01 Dec 2022, 09:25 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 - 1 Dec 22

Dow Jones: 34,589.77 pts (+737.24pts, +2.18%)
⬆️ Resistance:  35300
⬇️ Support:  33000

FBM KLCI: 1,488.80 pts (+11.84pts, +0.80%)
⬆️ Resistance:  1540
⬇️ Support:  1430

HSI Index: 18,597.23 pts (+392.55pts, +2.16%)
⬆️ Resistance:  19100
⬇️ Support:  16500

Crude Palm Oil: RM4,236 (+RM2, +0.05%)
⬆️ Resistance:  4380
⬇️ Support:  3940

Brent Oil: $86.97 (+$2.72, +3.23%)
⬆️ Resistance:  88.70
⬇️ Support:  79.00

Gold: $1,768.52 (+$18.67, +1.07%)
⬆️ Resistance:  1810
⬇️ Support:  1710

M+ Online Technical Trading Stocks - 1 Dec 22

Stock Name: FRONTKN (0128)
Entry: Buy above RM3.07
Target: RM3.22 (4.9%), RM3.31 (7.8%)
Stop: RM2.92 (-4.9%)
Shariah: Yes
Technical: Flag-formation breakout

Stock Name: NTPM (5066)
Entry: Buy above RM0.475
Target: RM0.515 (8.4%), RM0.535 (12.6%)
Stop: RM0.445 (-6.3%)
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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