Malaysia Property Stocks Outlook October 2013: Trend Following

“Malaysia property bubble heading to a Dubai-style crash……..”

“No immediate bubble risk for Malaysia’s property sector…..”

Market noises are simply toxic to an investor/trader. While we can leave it out to the economist and analyst to predict the future of the property bubble risks, let us all take a look at the Malaysia Property Stocks Outlook up-to-date.

“The beauty of trend following allows us to follow the trend of the market/stock and knowing when to react when trend changes. After all what is important for us to know is to know when to stay out of the market/stock, and to know when to get out of the market/stock when we are inside.”

The Malaysia Properties Sector Index had been undergoing a price correction since June 2013 and that is when we start to see majority of the property stocks going into a price correction too. Currently the Properties Index is well supported above its EMA30weeks support(green line). A break out from the 1st and 2nd resistant will trigger a rally in this sector. The weekly MACD will highly go for a golden cross signalling a price rally in this sector in the coming weeks. So have you start cherry picking your lovely property stocks?

UEMS (5148) Bearish Downtrend Property Stock