(Malaysia FBMKLCI Daily Chart Analysis)
The Malaysia FBMKLCI is currently well supported above its EMA31 days moving average (1768) and have been consolidating for a week. This week [07.10.2013-11.10.2013] given the support at 1768 we will be expecting the FBMKLCI index to trend higher but it will rather be a weak rally on the index for this week. Once again the focus will still be on the 2nd liner small caps stocks and FBMACE penny stocks. Below are some of the stocks that we will be expecting to see a bullish rally movement.
(Position Equity Trend Trader. Financial Speaker)