From the charts, it can be seen that while DJI is looking strong bullish (trend has not been broken yet) and HSI might be in a sideways position, the chart for JKSE is a bit lagging behind these two indexes and even falls below its EMA200. Of course, as a trader, this might be a bit worrying. what we want to see is for our composite to follow global indexes such as HSI and DJI and start going up back above MA 200.
For JKSE, looking at yesterday price movement sure bring us a bit of reassurement.
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
For JKSE, looking at yesterday price movement sure bring us a bit of reassurement.
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
