The Malaysia market is really in bad shapes.... More down turn to expected in few months ahead.... I felt this is the biggest economy depression will Malaysian had.. I feel very sad to see this chart, semoga kita semua rakyat Malaysia semakin tabah dan cekal... Buatlah perancangan kewangan dengan teratur..
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Market Outlook : The current market economy is hovering near to resistance. But, the bad news is unemployment rate in Malaysia is getting higher due to pandemic. The market economy will have new momentum in a few months ahead.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
yorouichi_peisy
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Hi there. Can i check with you regarding you mention that the market down turn is expected for malaysia. I was expecting this to happen also but i am abit confuse because since March down, the stocks in general have been moving uptrend. Could you help to explain about this. Why the stock prices keep going up since March even though the economy is doing bad. I would like to learn and understand about this. Thank you. I also recently bought some shares in Mflour and now i am thinking whether should sell it since you said there will be a downturn in the next few months.
SL-Trades
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@Escanor999, Hi there, regarding the economy and stock is different. Economy is including all GDP, stock is regarding the company strength. Stocks related with his own capacity strength in the market and also contribute in the market. But, when the company starts closing down... it may also impacted one by one. Better don't hold longer in stock, when get profit better pull back and replan strategy.
thanks for asking..
yorouichi_peisy
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@SL-Trades, Hi SL Trade. Thanks so much for your advise. I'm just thinking that during bad economy recession, most companies will not do well (Like a chain effect). I was thinking to hold Mflour as it is a food kind of company and essential to everyone even during down turn. But now it seems the price is not moving anywhere. Should i cut my losses because it went down a bit when i bought it and it does not seem to move uptrend anymore.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.