INFO SAHAM R1TPRO

M+ Online Technical Trading Stocks - 10Feb23 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

Morning! Here's our #SystematicTrading watchlist for today: HONGSENG, BETA, SLVEST, D&O, ORGABIO & more! On-going #SystematicTrading list: NIL #AccountOpening click here: https://dco.kenanga.com.my/create-account/open-account-overview/EB

Market update: The FBM KLCI trended lower amid selling pressure in banking and industrial products & services heavyweights. Meanwhile, the local bourse continued to see net selling activities from foreign investors (5-day cumulative net selling: -RM407.0m). While the bargain hunting activities may emerge following a two-day selldown, overall market undertone will remain cautious amid the overnight negative performance on Wall Street amid the persisted worries over the US interest rate hikes. Commodities wise, the crude oil price stayed above USD83, while the CPO price hovered closer to RM4,000 zone. Sector focus: Volatility may continue within the technology sector, as Nasdaq fell below the critical 12,000 level overnight. Investors may focus on defensive sectors such as REIT and utilities to withstand the near-term volatility. Besides, we still expect the O&G sector to stay firm amid the elevated crude oil price. Stocks to watch: O&G: DAYANG, MHB, T7GLOBAL Solar-related: SAMAIDEN, SLVEST Consumer: GCB, MFLOUR, SDS Building material: EMETALL, PA Technology: KGB, MPI, NOTION, SYSTECH, VIS Others: APB, GENTING, MAXIS, MCEHLDG, WCEHB, WCT, YSPSAH Source: M+ Online

Kalau bukak 3.44 ni ko terus LU mmg giler lah

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Market update: Despite the weakness as of late, we expect the key index to re-test the 1,500 level, taking cue from the positive sentiment on Wall Street overnight. The lower liners are staying firm amid strong buying interest, but we caution that the overbought position in most of the stocks across Bursa Malaysia may attract quick profit taking over the foreseeable future. Globally, the stronger-than-expected economic data in the US may continue to lend support for further recovery on Wall Street. Commodities wise, the Brent crude oil recovered all its previous session losses to close above USD87/bbl on the back of larger-than-expected drawdown in natural gas inventory, while the CPO price ticked slightly higher, approaching RM3,800/MT. Sector focus: We reckon that the energy sector to take the spotlight in tandem with the rebound in crude oil prices. The positive sentiment on Nasdaq overnight may boost the trading interest in the technology sector. Meanwhile, the strong numbers delivered by Capital A may boost the aviation and tourism related stocks. Stocks to watch: Transportation & Logistics: AAX, CAPITALA, MAYBULK, SWIFT O&G: DAYANG, DELEUM Consumer: CCK, CYL, KEINHIN, MFLOUR Medical-related: CENGILD, OPTIMAX Finance related: AFFIN, RCECAP Others: BETA, CMSB, IOIPG, KRONO, LCTITAN, MALAKOF Source: M+ Online

M+ Online Technical Trading Stocks - 27Jan23 Stock Name: OPTIMAX (0222) Entry: Buy above RM0.78 Target: RM0.825 (5.8%), RM0.845 (8.3%) Stop: RM0.755 (-3.2%) Shariah: Yes Technical: Breakout-pullback-continuation Stock Name: PADINI (7052) Entry: Buy above RM3.63 Target: RM3.75 (3.3%), RM3.81 (5.0%) Stop: RM3.52 (-3.0%) Shariah: Yes Technical: Monitor for breakout Source: Bloomberg, M+ Online