Although investors remain cautious about recent gains, DBS notice that Malaysia's fundamentals have not involve any negative news. The simultaneous growth of the global economy and the rebound in corporate earnings will continue to support the stock market. The strength of this benchmark index is mainly from the rising bank stocks, as the earnings outlook is still...
Stocks on Bursa Malaysia ended the day lower yesterday on weak market sentiment, after US equities closed lower on Friday, amid global economic growth concerns.
Greetings to all. The Bursa market has taken a hit from what it seems a short rally with 2 day gap up on 16th Nov and 19 Nov. Then the Bursa is closed on Tuesday on public holiday and the next day (Wed, 21st Nov) the market opened with a gap down and plunged -15.34 pts (-0.9%) on bad sentiment from the US and Crude Oil bad movement the day before. Here is my...
Pasaran KLCI mengalami penurunan yang teruk sejak peralihan kuasa dalam PRU baru baru ini. Market hate uncertainty berdasarkan beberapa isu yang disuarakan oleh kerajaan yang mentadbir. Untuk mengembalikan keyakinan para pelabur, diharapkan agar kerajaan mengeluarkan cadangan yang memberikan sentimen positif untuk KLCI dan fokus untuk menaikkan KLCI ke arah Bull...
Highlight - 3rd Aug Balance of Trade for Jun. Emerging Market such as MARVEL (Argentina), BOVESPA (Brazil) & JSX COMP (Indonesia) are among the choices for investor to invest their funds this past week. & among the top gainer in those market are tech & telecom companies. I wouldnt be surprise should Malaysia show a solid balance of trade report this early...
KLCI staged a breather from a sharp drop since early May after failed attempt to break and close above 1900 level. Short term uptrend with Resistance set at R1 and R2, if momentum continues, might signal a comeback. But for now, bearish trend still in effect.
Current downward movement of FBMKLCI suggest that the corrective wave are still intact. 5 subwave sequence of wave C in the making. Index falling to complete the subwave iii of wave C. Possible target for wave iii : 1650/1600 Possible target for wave C : 1550/1500
Based on the wave structure, FBMKLCI completed 5 waves leading diagonal from 2009 to 2014. FBMKLCI embarked a correction in 2014, and the pattern is still unfolding. Based on the recent retest of historical high in Q2 of 2018, it is finally apparent that the rally from 2015 bottom was a wave B of the overall flat correction. Since the internal structure of flat is...
KLCI might do a further correction since the breakout of the previous support at 1791 point. The next support zone is 1756 point . Overall, KLCI still in the uptrend bias. However, 1756 might be a turning point for bearish momentum. The other support zone is at 1707 point. 24 April 2018 post
Jangkaan pergerakan pasaran Bursa Malaysia. Telahpun berlaku Double Extreme Buy Daily sebelum ini, dan kenaikan hanyalah sampai di Mid BB. Meskipun di Monthly memiliki tanda-tanda Reentry Buy MA10Low, sebagai confirmation perlu lihat pembentukan setup Extreme Buy yang Ketiga. [ Extreme merupakan Signal pergerakan trend mula melemah; iaitu selepas wujudnya...
this is not a trade call just for education purpose only