KLSE Traders Update and Ideas

Daily Market Update - 10 Feb 2023 (UMC, KSSC)

mplus313
Publish date: Fri, 10 Feb 2023, 08:38 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 - 10 Feb 23  
  
Dow Jones: 33,699.88 pts (-249.13pts, -0.73%)  
⬆ Resistance: 34700  
⬇ Support: 33100  
  
FBM KLCI: 1,464.64 pts (-6.11pts, -0.42%)  
⬆ Resistance: 1500  
⬇ Support: 1435  
  
HSI: 21,624.36 pts (+340.84pts, +1.60%)  
⬆ Resistance: 22100  
⬇ Support: 20700  
  
Crude Palm Oil: RM3,849.00 (RM-16.00, -0.41%)  
⬆ Resistance: 4000  
⬇ Support: 3670  
  
Brent Oil: $84.13 (-$0.96 -1.13%)  
⬆ Resistance: 86  
⬇ Support: 78  
  
Gold: $1,861.73 (-$0.05, -0.00%)  
⬆ Resistance: 1946  
⬇ Support: 1839  
  
M+ Online Technical Trading Stocks - 10 Feb 23  
  
Stock Name: UMC (0256)  
Entry: Buy above RM0.815  
Target: RM0.87 (6.7%), RM0.905 (11.0%)  
Stop: RM0.77 (-5.5%)  
Shariah: Yes  
Technical: Monitor for breakout  
  
Stock Name: KSSC (5192)  
Entry: Buy above RM1.49  
Target: RM1.65 (10.7%), RM1.71 (14.8%)  
Stop: RM1.38 (-7.4%)  
Shariah: Yes  
Technical: Flag-formation breakout  
  
Source: Bloomberg, M+ Online
 

 

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