Bursa Malaysia (KLSE) Daily Info Edge Zone

FBM KLCI next support will be at 1,520 level

Durian Edge
Publish date: Sat, 19 May 2012, 03:55 PM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
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FBM KLCI next support will be at 1,520 level. However, the trading vol is low so likely this is the market mark down due to the negative news.

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Discussions
Be the first to like this. Showing 5 of 5 comments

kong73

why..oh why...sigh

2012-05-19 18:08

shimsihu

this a wave 3 down, can easily break to 1500 level next week, we shall see.

2012-05-19 19:48

eagleis

Dear shimsihu, there definitely will be a technical rebounce.

2012-05-19 20:26

shimsihu

technical rebounce will be at w2/3 and w4/3 but will short after
that the trend will continue downwards.

2012-05-20 09:48

Namoyaki Takarajima

Agreed wth you shimsihu, now we are still qt strong @1527/30, next downtrend will be @1520/00. Rebound a little while as reported to boost local market.

2012-05-20 10:00

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