KLCI in Consolidation Period (1530 - 1600)
KLCI in Consolidation Period (1530 - 1600)
KLCI is expecting in Period Of Consolidation which will trade rangebound in within 1530 - 1600 over next few week before find a next direction weather continue falling to break below 1530 or above 1600.
KLCI fall almost 200 points from 1750 - 1550 since 3rd Aug 2015 until yesterday.Last 2 days when DJ selloff but our local market still well absorbed.
We may see mini Technical Rebound in area 1530-1550 which to test 1600 area.
Strategy:
Buy when hit at 1530 first
Sell when hit at 1600 first
Disclaimed :This is not a buy or sell call but just for ''Reference Only ''.Gila Saham is not responsible for any lost or misinformation and trade at your own risk.Any decision is your own responsible .Please set your own stop and take profit level
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2 people like this. Showing 13 of 13 comments
1530 BY NEXT WEEK AND 1450 BY EARLY SEPTEMBER. PLEASE COME HERE AND BUY SOME AND PROTECT YOURSELVES :
http://klse.i3investor.com/servlets/forum/800004002.jsp
2015-08-22 13:57
local institutions hv been supporting index last week.. usually klci will follow movement of oil price and USD/MYR.. however starting from tuesday something weird happened.. we saw FKLI falling during pre open (reflecting investor's sentiment) and klci will drop after open, however there seems to be some force supporting the index stocks as early as 30mins after mkt open, preventing it from free falling.. sometime even close higher than opening price.. suddenly dropping of crude oil and MYR no longer hv impact to klci index... weird huh? but anything is possible in bolehland.. :)
2015-08-23 01:58
usd up oil will go lower. This two thing move in tendem one.
Once these reverse market market will follow lo
2015-08-23 21:05
DJ just break 15800 level with daily low now at 15600 (-850) are u serious??
2015-08-24 21:16
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2015-08-22 13:56