(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 Roaring to be GREAT?
FBMKLCI
- The FBMKLCI sideways movement since February 2018 with no lower lows created.
- Sandwich Box remains intact and has not fallen out from it over he past 3 months.
- Downside Risk in the long run will be triggered when index stays below 1,800pts.
- Upside Potential to break historical high achieving a high of 2,200pts by year end of 2018. (We remain bullish upside on the Malaysia Stock Market)
- FBMKLCI Performance DOES NOT Guarantee the performance of your stocks in your portfolio!
FBMSCAP Index
- While the FBMKLCI is enjoying a solid sideways movement, the FBMSCAP Index that weights the small caps stocks in Malaysia has plunged all the way down over the past 3 months.
- Opportunities are plunged out from the market to us. Buy Low Sell High!
- Small Caps stocks are all at an attractive value now for investor/trader to hunt for opportunities.
- As always follow the trading plan you have. Know the difference between holding onto a Uptrend Stock VS a Downtrend Stock.
FBMACE Index
- Similarly with the FBMSCAP Index performance, the FBMACE Index plunged all the way down over the past 3 months. (Penny stocks)
- Opportunities are plunged out from the market to us. Buy Low Sell High!
- There will always be a yearly season of penny stocks rallies.
- As always follow the trading plan you have. Know the difference between holding onto a Uptrend Stock VS a Downtrend Stock.
Hot Trending Stocks on the move
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