KLCI still healthy, now testing resistance trendline
Construction sector havent move much this week, thus steel sector and construction counters havent move much.
Hibiscus on the move.
We have recommend that Construction stock is the strongest among all on 28th May and show rebound signal.
It's a successful trading result for us again as it has rebound from 191.81 since we called it to highest of 215.13
But today we saw weakness as it failed to break new high and form a evening star chart pattern.
In overall the index has rebound for...
The stock market has been retrace for approximately 1 month which equal to 4 weeks. Today construction showing a strong rebound (2%) among all sector.
Besides, the construction sector is the one of the strong sector which is still stand on top of MA 200.
But short term wise it has drop below MA 20 which show weakness in short term.
On the good side, the...
