Malaysia FBMKLCI due for a Healthy Price Correction?
The Malaysia FBMKLCI had rebound for 8 straight days coming from the low of 1595pts – 1701pts (+106). Technically it has reached its Double Top Resistant 1692pts and it is due for a Healthy Price Correction. Short Term Traders shall be taking their profits based on their trading plan. Notice there is a gap at 1648 as closing the gap is a norm on the FBMKLCI.
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