Bursa Malaysia (KLSE) Daily Info Edge Zone

KLCI Show Good Sign Of Support

Durian Edge
Publish date: Wed, 21 Dec 2011, 08:05 AM
Durian Edge
0 1,080
Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
This few trading day saw KLCI index show good sign of support at 1,460 level, an up down trading pattern show between 1,480 and 1,460.

Trading vol also show this level is a good support line, so there are some hope the index may move up to end year 2011.
Discussions
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Jake

To confirm bullish pattern, 20 day SMA needs to convincingly take out the 50/100 day SMA..or has it already run its course?

2011-12-21 10:13

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