
The KLCI continue to move higher and closed at 1385.51 up another 7.04 points. The KLCI had continued to move higher each day for four days in a row. The market is now overbought. Could it continue to move higher? The next major resistance is at 1435. Perhaps!
Stocks 1 - 12 are overbought.
Stock Close Support Resistance
1. JADI 0.30 0.30 0.305
2. MEICO 0.855 0.81 0.935
3. AMMB 5.51 5.43 5.54
4. AXIATA 4.36 4.35 4.40
5. KIANJOO 1.49 1.42 1.49
6. PBBANK-01 12.06 12.00 12.06
7. GENM-CL 0.10 0.10 0.13
8. PLUS 3.87 3.79 3.90
9. AFG 3.04 3.00 3.07
10. TM 3.47 3.46 3.49
11. COMPUGT 0.07 0.065 0.07
12. GENM 3.04 2.99 3.11
13. CIMB 7.50 7.39 7.50
14. MAXIS 5.43 5.31 5.54
15. UEMLAND 1.68 1.66 1.69
TAN