SL-Trades

The economy well managed.

Long
INDEX:KLSE   Bursa Malaysia KLCI Index
The Malaysian government make it happen. Even NASDAQ report has given a good credit for KLSE.
Malaysia is one of a big rubber producer in the world. With advantages of rubber plantations, Malaysia have a good cash flow in rubber market, the demand is coming from all the world. Demand of plastic gloves and health care supplies are high due to pandemic Covid-19, beside that Malaysian digital, multimedia and technology company are also giving the good impact. The economy impact will be boost up with the new injection and reopen domestic economy.

KLSE has get trough all the hard resistances, and still far to go. From the monthly chart view, the market price still in bearish. But in weekly and daily chart, a healthy recovery is seen in this Q3 . Crucial resistance is still need to break.
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