Maybank IBG Traders’ Almanac (10 Jun 2022) Technical Trading | ShareNews2U

Maybank IBG Traders’ Almanac (10 Jun 2022)

Technical Trading Ideas for today:
HWA TAI INDUSTRIES - 8478 (MYR0.655)
REENTRY (UNCHANGED TARGET) Shariah
STOP-LOSS: Below MYR0.590
RESISTANCE: R1: MYR0.710, R2: MYR0.800

MAGNI-TECH INDUSTRIES - 7087 (MYR2.03)
REENTRY (NEW TARGET) Shariah
STOP-LOSS: Below MYR1.90
RESISTANCE: R1: MYR2.16, R2: MYR2.29

SOLARVEST HOLDINGS - 0215 (MYR0.785)
ACCUMULATE (TECHNICAL) Shariah
STOP-LOSS: Below MYR0.700
RESISTANCE: R1: MYR0.855, R2: MYR0.965

TAMBUN INDAH LAND - 5191 (MYR0.940)
REENTRY (NEW TARGET) Shariah
STOP-LOSS: Below MYR0.870
RESISTANCE: R1: MYR1.01, R2: MYR1.11

TEK SENG HOLDINGS - 7200 (MYR0.445)
ACCUMULATE (TECHNICAL) Shariah
STOP-LOSS: Below MYR0.405
RESISTANCE: R1: MYR0.480, R2: MYR0.540

CRUDE PALM OIL (MYR6,240)
Broke below the 50-day EMA line
SUPPORT: S1: MYR5,960, S2: MYR5,530
RESISTANCE: R1: MYR6,580, R2: MYR6,845

KLCI INDEX FUTURES (1,508.00)
May test the lower support
SUPPORT: S1: 1,500.00, S2: 1,471.00
RESISTANCE: R1: 1,526.50, R2: 1,558.00

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