Blog: KLCI Outlook, Rebound Exhausted.

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4 comment(s). Last comment by Jack Kong 2018-08-15 23:24

jiunn

866 posts

Posted by jiunn > 2018-08-09 14:47 | Report Abuse

Jack, the Risks to downside have finally been taken down as the index recently surpassed the resistance of 1,794 and is now also just above 200-day SMA at 1,790.45 on 8 August 2018....is that the good timing to BUYBACK now?

CharlesT

14,976 posts

Posted by CharlesT > 2018-08-09 15:09 | Report Abuse

Looks like ClSA fengsui chart more chun....

Jack Kong

110 posts

Posted by Jack Kong > 2018-08-15 23:23 | Report Abuse

@jiunn, Sorry for late reply. KLCI is the strongest if compare to neighbour market, but do you think this is reasonable? Well, If really wanted to enter stock market, then I think should be patient, the best timing should be the external (trade war, strong dollar index) and internal (new government economy policy and direction) factor is settle down.

Jack Kong

110 posts

Posted by Jack Kong > 2018-08-15 23:24 | Report Abuse

@CharlesT, CISA?

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