Bursa Malaysia (KLSE) Daily Info Edge Zone

A Good Sign For FBM KLCI To Rebound

Durian Edge
Publish date: Thu, 27 Jan 2011, 07:42 AM
Durian Edge
0 1,080
Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share


















Base on the chart, yesterday FBM KLCI had show a good sign for FBM KLCI to rebound after the big money mark down the share to cause who retail investor need money for CNY to sale they share in hand with losing money. The index had dip back to 2010 last day closing point, however after yesterday the index dip lower but recover back it show that most of the weak share holder already sold they share so now the major share holder will be the big money again.

Before another round of dip, the big money will mark up the share again for retail investor to jump in. For me now is the good time to buy into bank share like CIMB and Maybank. For PBBANK due to the good news already flow out, the share may dip for profit taking. PBBANK still is a good quality share but just past the timing already.
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment