Feel free to visit
https://spectrachart.blogspot.com.au/2017/02/fbmklci-breaking-2017-level-in-2017.html

for more info

(chart courtesy of UOBKayHian Techanalyzer)

 

Excerpt

Based on the monthly chart of FBMKLCI, FBMKLCI is poised to stage a powerful rally in 2017 as

• FBMKLCI is currently undergoing Bollinger Squeeze;&
• FBMKLCI has just made a bullish MACD crossover.

The previous Bollinger squeeze (circled in char above) saw FBMKLCI to stage a powerful 55% rally when the squeeze broke out eventually. 

All the previous MACD bullish crossovers were also followed by a rally in FBMKLCI.

For the full and detailed analysis, including the Elliott Wave count, feel free to visit https://spectrachart.blogspot.com.au/2017/02/fbmklci-breaking-2017-level-in-2017.html

Do frequent my blog https://spectrachart.blogspot.com 
for more Elliott Wave count based analysis on individual stocks and market outlook.

Refer to previous posts

CIMB: More upside awaiting in 2017
https://spectrachart.blogspot.com.au/2017/02/cimb-more-upside-in-2017.html
 

Armada: Breakout of 0.70 will levitate it into bullish region
https://spectrachart.blogspot.com.au/2017/02/armada-sinking-vessels-rocketing-higher.html

FGV: To Dip first, before extending another up leg
https://spectrachart.blogspot.com.au/2017/02/fgv-another-up-leg-to-go.html

Skpetro: The Dawn of Cycle Wave B, 2.00 is not far away
https://spectrachart.blogspot.com.au/2017/02/sapura-kencana-5218-far-is-2.html