(Price Correction)
A correction is a reverse movement, usually negative, of at least 10% in a stock, bond, commodity or index to adjust for an overvaluation. Corrections are generally temporary price declines interrupting an uptrend in the market or an asset.
(Uptrend)
DEFINITION of ‘Uptrend‘ Describes the price movement of a financial asset when the overall direction is upward. A formal uptrend is when each successive peak and trough is higher than the ones found earlier in the trend.
(Position Entry)
Position Entry is the timing for an investor or trader to position they buying point onto a stock while pending for it’s price action and volume to take place riding the continuous trend.
(Trading Plan)
WHEN an investor or trader decides to position into a particular stock, he/she must prepare at 1) what price range is the entry pricing zone, 2) shall price reacts the opposite at what price range is the stop loss pricing zone, 3) as profits starts building up when to take profits.
Malaysia FBMKLCI Outlook
Ever since the bull market trend has formed in the month of February 2017, the FBMKLCI had been riding on a continuous rally upwards achieving a +10.6% performance in the month of May 2017. But of course like all markets it does not move upwards on a straight line but consist of multiple price correction and rallies. The Exponential Moving Averages applied onto the FBMKLCI had shown persistent pattern over the past months by each price correction ends at the support to rally which later brings the market to higher highs and higher lows. As towards the end of last week the index had ended at its lowest at 1,762 pts which from there on wards found its support to rally. We will continue to see further upwards movement on the FBMKLCI achieving the psychological resistant of 1,800 pts before mid of June 2017.
“Downside risk on the FBMKLCI are seen only when the index breach below 1,760 pts which will then bring the broad market into a BIG MARKET CORRECTION”
You’ve made the handsome profits from the METAL, STEEL, & ALUMINIUM STOCKS?
Price Correction on these Metal, Steel, and Aluminium stocks are over. Time to look for an entry.
APRIL 4, 2017
These sizzling hot metal, steel, & aluminium stocks have been star performers since month of April 2017.
MAY 9, 2017
If you’ve missed the ride then PROPERTIES SECTOR is for you now.
The Malaysia Properties Sector Index Bull Market Trend Formation since February 2017. Recent consolidation will soon to be followed by a breakout on this index. Certainly not the whole basket of properties stocks will be on the move. Be SELECTIVE on choosing the right properties stocks!
Some of the moving ones
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