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...
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...
China/Asia break support and head lower as the debt contagion continues to spread in SE Asia. Watch how this debt/credit issue expands across SE Asia, South America and across the One Road project countries. My assumption is that China is using every resource possible to prevent this type of contagion event from happening now with it having "fingers in every...
My custom China/Asia index shows, very clearly, the support near 7200 is critical at this time. The continued weakness originating out of China and the efforts to contain the current rout as well as contain an economic crisis are clearly generating concern throughout the globe. China has it's fingers in many other global nations. A collapse in China would...
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...
The breakdown in my China/Asia custom index appears to be accelerating downward. I called this move over 4 months ago as I saw economic issues playing out in China that could be dangerous. With Malaysia's new PM, Mahathir, pushing to expose corruption and graft from locals and Chinese investment firms, I expect continue news to POUND China over the next 12+...
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...
Hazwan Hakimi Bin MD Hassim
Trend:- Uptrend line but support broken at 1797.72 maybe heading towards next support at 1729.21.
Indicator: Relative strength index showing current market at 51.69% which means in the middle between overbought and oversold.
Projection: KLCI will maintain sideway trading between 1797 and 1729 until it break next support or resistance.
Couple of Bullish PnF Counts as shown with KLSE which are active. A charging bull with plenty of locally produced high octane fuel to propel KLSE going forward may sum it.
Analysis continues on the bar/candle charts for further expected bullish developments.
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