Bursa Malaysia Berhad is an exchange holding company, whose principal activities include treasury management and the provision of management and administrative services to its subsidiaries. The Company operates in four market segments: securities market, which comprises the provision and operation of the listing, trading, clearing, depository services and provision and dissemination of information relating to equity securities quoted on exchanges for the securities market; derivatives market, comprises the provision and operation of the trading, clearing, depository services and provision and dissemination of information relating to derivative products quoted on exchanges for the derivatives market; exchange holding business refers to the operation of the Company, which functions as an investment holding company, and others comprises the provision of a Sha'riah compliant commodity trading platform, an electronic trading platform for the bond market and trading of an offshore market.
DorkyCan collect once the price reaches 7.75-7.80, for higher assurance.
DorkyBased on today's market action, the market may go upward again and if that will be so, then RM9 level will be breached. Seeing no positive catalyst, it will require more energy to go upward (thus the RM9-level breach) than downward.
DorkyLooks weak at today's Bursa. Thus, my 7.75-7.80 price level holds.
DorkyWhoever listened to me based on my 7.75-7.80 price level will very likely to benefit greatly from now on. However a 100% solid buy signal is still not in place and it is way much safer to wait for several more days to see how the price turns out before confirming a solid buy.
DorkyWhoever party that crash the price level down to 7.83 has much interest to see it go even lower. Hold your horses for now.