Mursyid

Mursyid

FBMKLCI in a downward channel. With the formation of new government, will it be able to improve the sentiment against Malaysian stock market ?

Mursyid

1) Murphy Oil retraced and bounced above EMA50 support 2) Price retraced near to 0.382 Fibonacci level. 3) (14-day) Positive Directional Movement Index crossed above (14-day) Negative Directional Movement Index 4) Daily volume on the bounce is at 10.595 million, that is 2.19x as compared to average 50-day volume of 4.845 million. Daily volume that is at 1.5x or...

Mursyid

Seagate (CBOE:STX) retraced to EMA 50 with Fibonacci retracement level of 0.382. Good for those seeking pullback buying

Mursyid

BIMB retraced at both 0.382 Fibonacci level and support of EMA 50. 14-day positive DMI crossed over negative 14-day DMI with ADX level above 20 #TAYOR

Mursyid

Box pattern could be identified on current VS Industry chart. Box pattern, if breaks upward, could signify continuation of uptrend and vice versa.

Mursyid

LCTITAN Rebounds Above EMA 50. Positive DMI (14-day) is higher than Negative DMI (14-day) with ADX (14-day) above 20. Stop loss could be placed at nearest support or close position when price closes below EMA 50. #TAYOR #BursaMalaysia

Mursyid

Public Bank share (MYX: PBBANK) is currently on bullish trend, with its price recently rebounded above EMA 50. This movement could also be confirmed with observation of Bursa Malaysia Finance Index