Highlights

KLSE Traders Update and Ideas

Author: mplus313   |   Latest post: Fri, 10 Jul 2020, 5:10 PM

 

Daily Market Update - 21 May 2020 (UZMA, PENTA)

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Dow Jones: 24,575.90 pts (+470.04pts, +1.52%)
⬆ Resistance:  25300
⬇ Support:  22400

FBM KLCI: 1,435.12 pts (+11.15pts, +0.78%)
⬆ Resistance:  1460
⬇ Support:  1360

Crude Palm Oil: RM2,161 (-RM21, -0.96%)
⬆ Resistance:  2240
⬇ Support:  1940

Brent Oil: $35.81 (+$1.11, +3.34%)
⬆ Resistance:  34.2
⬇ Support:  24.3

Gold: $1,751.40 (+$6.35, +0.33%)
⬆ Resistance:  1810
⬇ Support:  1670

M+ Online Technical Trading Stocks - 21 May 20

Stock Name: UZMA (7250)
Entry: Buy above RM0.635
Target: RM0.695 (9.4%), RM0.75 (18.1%)
Stop: RM0.60 (-5.5%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: PENTA (7160)
Entry: Buy above RM4.55
Target: RM5.08 (11.5%), RM5.26 (15.6%)
Stop: RM4.21 (-7.5%)
Shariah: No
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

 

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

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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Labels: PENTA, UZMA

Related Stocks

Chart Stock Name Last Change Volume 
PENTA 5.80 -0.01 (0.17%) 1,875,600 
UZMA 0.60 -0.005 (0.83%) 2,015,300 

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