Bursa Malaysia (KLSE) Daily Info Edge Zone

FBM KLCI Fail To Rebound - Big Deep Likely

Durian Edge
Publish date: Fri, 16 Sep 2011, 08:31 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
Yesterday FBM KLCI fail to technical rebound when most of Asia share market did. 1,440 support level had been broken and now next line will be 1,400 level. A big deep likely to happen soon, if it did, it will be the good time to buy blue chip.
Discussions
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Kl Vin

Support at 1430... I dont think KLCI will broke below 1430 ~~

2011-09-16 11:56

shimsihu

no one knows where the support is, let the market tells itself.

2011-09-16 13:58

Henry Tye

free fall ~!

2011-09-16 18:00

Hoo Ann Teo

TIMES TO JUMP IN !!

2011-09-16 21:48

Ad Edward

go for it!!!!!

2011-09-17 13:19

Kl Vin

Nowaday dont follow Tehnical Analysis...Follow NEWS !! Seem like Europe and Dow Jone Slowly Recoverly... I suggest can starter to collect BLUE CHIP NOW ! AS SOON AS POSSIBLE !! Before Is Too Late !!

2011-09-17 14:01

AREBEAR

Looking at the deep fall... 1400 is a better support given the fact that eurozone crisis still in vague area. Looking at the big amount of the debt, any positive news/ solution will just for temporary, long term the economy is falling or at least in bad shape. Unless greece declare a baknruptcy, then the recovery period will be shorter. - just and opinion

2011-09-17 19:28

AREBEAR

...also to extend comment by Alex Lu, any rebound is just to shorten your position in the market.

2011-09-17 19:33

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