POSSIBLE UPTREND COUNTERS - 25 JAN 2019
KLCI is expected to tread higher of positive regional outlook & the oncoming CNY.
1. INARI AMERTRON BHD (0166)***Positive momentum with gurther upside
2. MALAKOFF CORP BHD (5264)*** Expect it to re test its recent high of 0.99 which it failed to break twice. Once the 1.00 resistance broken we should see a much higher levels.
3. FGV HOLDINGS BHD (5222)***Palm oil at 3-mth high & positive market reaction on the appointment of the new CEO.
4. NGGB BHD (7241)***it has retraced considerably from its high of 0.665. Monitor from oncrease in volume.
5. CARIMIN PETROLEUM BHD (5257)***might try to break its recent high of 0.655. Monitor closely
HSI futures is expected to tread higher tonight with the cue from Wall Street.
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