Maybank IBG Traders’ Almanac (23 Jun 2022) Technical Trading I | ShareNews2U

Maybank IBG Traders’ Almanac (23 Jun 2022)
Technical Trading Ideas – Seeking a Short-Term Rebound Play

Technical Trading Ideas for today:
ECO WORLD DEVELOPMENT GROUP - 8206 (MYR0.685)
ACCUMULATE (TECHNICAL) Shariah
STOP-LOSS: Below MYR0.650
RESISTANCE: R1: MYR0.720, R2: MYR0.770

MESTRON HOLDINGS - 0207 (MYR0.340)
REENTRY (UNCHANGED TARGET) Shariah
STOP-LOSS: Below MYR0.315
RESISTANCE: R1: MYR0.365, R2: MYR0.395

MALAYSIAN GENOMICS RESOURCE CENTRE - 0155 (MYR0.745)
ACCUMULATE (TECHNICAL) Shariah
STOP-LOSS: Below MYR0.660
RESISTANCE: R1: MYR0.780, R2: MYR0.885

ROHAS TECNIC - 9741 (MYR0.310)
ACCUMULATE (TECHNICAL) Shariah
STOP-LOSS: Below MYR0.285
RESISTANCE: R1: MYR0.330, R2: MYR0.360

WCT HOLDINGS - 9679 (MYR0.440)
ACCUMULATE (TECHNICAL) Shariah
STOP-LOSS: Below MYR0.415
RESISTANCE: R1: MYR0.460, R2: MYR0.490

CRUDE PALM OIL (MYR4,499)
Ongoing major correction
SUPPORT: S1: MYR4,245, S2: MYR3,850
RESISTANCE: R1: MYR4,750, R2: MYR5,250

KLCI INDEX FUTURES (1,430.00)
The “bear” regains control
SUPPORT: S1: 1,400.00, S2: 1,366.00
RESISTANCE: R1: 1,480.00, R2: 1,520.00

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