JHChaw

FBM70 Weekly Update - 02w05m19y

FTSEMYX:FBM70   FTSE Bursa Malaysia MID 70 Index
FBM70 drop around 400pts (200pts previously) in last week and immediate support at 14250 pts is broken.
Uptrend remain intact on FBM70 until lower high is formed and maintain mid-term target at 15000pts. However, we pay foresee lower high will be formed soon and soonest since the support is broken.

Immediate resistant - 14250pts
Immediate support - 12688pts
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