M+ Online Morning Market Buzz - 8 Jul 22 
 
Dow Jones: 31,384.55 pts (+346.87pts, +1.12%) 
⬆️ Resistance:  32100 
⬇️ Support:  29800 
 
FBM KLCI: 1,418.69 pts (-2.16pts, -0.15%) 
⬆️ Resistance:  1490 
⬇️ Support:  1400 
 
HSI Index: 21,643.58 pts (+56.92pts, +0.26%) 
⬆️ Resistance:  22700 
⬇️ Support:  20800 
 
Crude Palm Oil: RM4,288 (+RM148, +3.57%) 
⬆️ Resistance:  5020 
⬇️ Support:  3670 
 
Brent Oil: $104.65 (+$3.96, +3.93%) 
⬆️ Resistance:  117.10 
⬇️ Support:  96.60 
 
Gold: $1,740.16 (+$1.30, +0.07%) 
⬆️ Resistance:  1860 
⬇️ Support:  1700 

M+ Online Technical Trading Stocks - 8 Jul 22 
 
Stock Name: GAMUDA (5398) 
Entry: Buy above RM3.58 
Target: RM3.75 (4.7%), RM3.90 (8.9%) 
Stop: RM3.44 (-3.9%) 
Shariah: Yes 
Technical: Impending flag-formation breakout 
 
Stock Name: MYCRON (5087) 
Entry: Buy above RM0.45 
Target: RM0.49 (8.9%), RM0.50 (11.1%) 
Stop: RM0.42 (-6.7%) 
Shariah: Yes 
Technical: Impending flag-formation breakout 
 
Stocks to watch:  
 
Finance: AMBANK 
Consumer: F&N, LAYHONG, PWROOT 
Building materials: CHINWEL, MYCRON 
Others: BSTEAD, KLCC, MALAKOF, PTRANS, TIMECOM, UWC 
 
Source: M+ Online

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