The FBM KLCI showed signs of recovery, ending higher after two days of sell-off due to bargain-hunting activities.
Positive EMA crossover signals and support from local institutions indicate potential for continued upward momentum. The index is expected to trade between 1,625–1,635 today.
SUNCON (5263):
• Entry Level: RM5.00–RM5.14
• Resistance Levels:
• R1: RM5.40
• R2: RM5.70
• Support Levels:
• S1: RM4.70
• S2: RM4.55
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