The Malaysia FBMKLCI suffered a 2 days of heavy price correction after failing to break above its historical high resistant (1826pts). However the long term uptrend on the FBMKLCI remains intact as it has yet to violate its 2 major support to conclude this market as a downtrend market. Tomorrow we will see the FBMKLCI … Continue reading Malaysia FBMKLCI in a healthy market correction. How low will it go?
(SALCON 8567) We will be expecting a price breakout from SALCON this week putting our 1st target price resistant at RM0.700 to test before eyeing for a higher target price resistant. Started its uptrend since May and has been well supported at its EMA90days. We will take the EMA90days as the cut loss point @RM0.638 … Continue reading SALCON, SALCON-WA, & JAKS: Stocks to play