KLSE might pullback to 1500 before resuming higher. As of today, KLSE should be able to defend the 1500 level and going much higher. Will it advance before CNY next week? Let’s see.
KLSE has made a good progress higher. However at this current level there might be a pullback lower towards 1460 area before resuming higher towards 1525 area.
KLSE is in the nice ascending channel. From the current position the index might push down a bit to 1460 before making a push higher into 1500 area.
MMS Ventures rose and hit the RM 1.08 resistance level. With its 21-day moving average in an uptrend, coupled with a high a higher trading volume, there is a good change that it would experience a technical breakout and head towards the short-term target price of RM 1.12, followed by RM 1.15. The downside support is marked at RM 1.03. Traders are advised to exit...
KLSE is completing Wave iii of (i) of 3. The uptrend just begun. Should expect more goodness in Malaysia's economy soon despite upraising Covid-19 cases. Stay save everyone.
After few months of consolidation, markets come to an end of testing the downside. I'm looking at the first target of reaching 1659 :) Energy, Finance, Healthcare sectors will be leading the market.
Looking to the price daily chart, the price is about to breakout the 1370.00 which is the key before the price going to 1400.00. I am holding the buying position today as the price of value RSI showing up before the previous value. The confirmation also has been develop after the candlestick eating all the price previous day. Ringgit has strengten against the...
After Fed announced to drop the interest rate from 1.75% (29th Januari 2020) to 1.25% (4rd March 2020) , the stock KLSE will be bounce on Thursday 5th March 2020. This is a good news for Malaysian Ringgit after to recover from the resignation of the Prime Minister of Mahathir Mohamad on 24th February 2020. As you can see on my illustrated chart, the demand has...