A level of important trend formation when once formed tend to persist until evidently proven reversed. A bullish trend allows price to move higher highs and higher lows over a long period of time.
A level of important trend formation when once formed tend to persist until evidently proved reversed. A bearish trend allows price to move lower highs and lower lows over a long period of time.
(FBMKLCI DAILY CHART)
- The FBMKLCI made a recovery along side with the global market recovery but failed at its long term trend resistant in the month of February 2019.
- Price retracement continues from February 2019 – April 2019.
- The FBMKLC remains in a Long Term Downtrend.
(Rising Opportunity Stocks)
- Index performance does not guarantee your portfolio stock performance.
- Look up at your individual stocks to understand their past and current trend movement.
- Hold up onto a stock that is forming into a long term uptrend.
- Trade on stocks that move against the index.
Are you keeping Bullish Uptrend stock or Bearish Downtrend stock in your portfolio?
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