Maybank IBG Traders’ Almanac (12 May 2022) https://mkefactsett | ShareNews2U

Maybank IBG Traders’ Almanac (12 May 2022)
https://mkefactsettd.maybank-ke.com/PDFS/261596.pdf

Technical Trading Ideas for today:
CJ CENTURY LOGISTICS HOLDINGS - 7117 (MYR0.620)
ACCUMULATE (TECHNICAL) Shariah
STOP-LOSS: Below MYR0.575
RESISTANCE: R1: MYR0.660, R2: MYR0.715

MUHIBBAH ENGINEERING (M) - 5703 (MYR0.560)
ACCUMULATE (TECHNICAL) Shariah
STOP-LOSS: Below MYR0.515
RESISTANCE: R1: MYR0.615, R2: MYR0.675

RHB BANK - 1066 (MYR6.15)
ACCUMULATE (TECHNICAL)
STOP-LOSS: Below MYR5.90
RESISTANCE: R1: MYR6.55, R2: MYR7.00

TAMBUN INDAH LAND - 5191 (MYR0.930)
REENTRY (NEW TARGET) Shariah
STOP-LOSS: Below MYR0.865
RESISTANCE: R1: MYR0.970, R2: MYR1.05

TEX CYCLE TECHNOLOGY (M) - 0089 (MYR0.475)
REENTRY (UNCHANGED TARGET) Shariah
STOP-LOSS: Below MYR0.435
RESISTANCE: R1: MYR0.510, R2: MYR0.555

CRUDE PALM OIL (MYR6,3512)
Mild rebound
SUPPORT: S1: MYR6,140, S2: MYR5,530
RESISTANCE: R1: MYR6,845, R2: MYR7,200

KLCI INDEX FUTURES (1,550.00)
Rebound still on the cards
SUPPORT: S1: 1,526.50, S2: 1,500.00
RESISTANCE: R1: 1,558.00, R2: 1,575.50