Monday 15 February 2016

Bursa Malaysia stock news

     STOCK NEWS

1Thailand's economy developed more than authorities assessed in the last quarter as the military government's game-plan of offer measures some assistance with starting to hold up under normal thing. 

GDP extended 2.8 for every penny in the three months through December from a year prior, the National Economic and Social Development Board said in Bangkok on Monday. 

2.Taiwan stocks slipped on Monday in their first exchanging session after the long Lunar New Year occasions, taking after expansions in some provincial bourses, with TSMC driving heavyweights higher. 

Starting 0214 GMT, the essential TAIEX record was down 0.1 for every penny at 8,047.97 focuses, murdering a 1.1 for every penny slide at the opening.


Todays signal for TSH resources

Our preference --The downside prevails as long as 2.03 is resistance.

 Alternative scenario: the upside breakout of 2.03 would call for 2.12 and 2.17.


 the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day MA (respectively at 1.99 and 1.98).


Supports and resistances: 
2.17 **
2.12 *
2.03 **
2
1.96 last
1.84
1.79 **
1.74 *
1.69 **

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