Bursa Malaysia (KLSE) Daily Info Edge Zone

FBM KLCI Is In Down Pattern?

Durian Edge
Publish date: Tue, 02 Oct 2012, 08:11 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share


Base on the chart, FBM KLCI is forming a down pattern. Will FBM KLCI move higher again, it will very base on foreign investor fund.

Soon more printed money will flow from US to invest or speculate in Asia market, so high dividend share will be a good choice of investment for now on.
Discussions
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lotsofmoney

the bottom line is 1200.

2012-10-02 12:40

victor168

Market has been rise continuosly for 7 days from 24 Sep (KLCI 1612) till 2 Oct (KLCI 1651).Foreseen market will have correction and drop back to 1620 or below before up again to another new high by end of the month at 1660. It just my personal prediction based on chart pattern and assume there is no major surprise events happen in the local and world.

2012-10-03 09:49

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