We last left the update on KLCI in early August Marked points 2 & 3 as a continuation of the previous post No timely update as I have changed my stock software and note now I could not see the volume (but let’s manage) At #3, I said it was bullish and to look out […]
FBMKLCI
August 7th, 2020 No Comments
Timely update for FBMKLCI (1) We last left it at 0 where I said the max it can go is 1550 before a change of behaviour (2) What transpired was it actually went to as high as ~ 1600 (Point 1) before reverting to ~1470 (Point 2) (3) From here, it shot up to Point […]
Tags:
FBMKLCI
May 22nd, 2020 No Comments
It was exactly 1 month since our last update. So far, FBMKLCI has followed the path exactly as how we have described it. What’s next? The max this uptrend can go (max, doesn’t mean it must go) is ~1550 before a change in trend. There is a cluster of support around `1380 to 1390 So […]
Tags:
FBMKLCI
April 22nd, 2020 No Comments
If you look at the post dated 9 April, I marked #3 to denote the maximum length of the current momentum before a change of behaviour Refer to the chart below on the 9 Apr post Compare the highlighted yellow bar above with the following 9 Apr post It couldn’t have gotten more accurate than […]
Tags: fbmklci
FBMKLCI
April 9th, 2020 No Comments
From our last update, I drew an arbitrary line of 1000, noting to myself that’s the line to watch (ahead of time). As you can see that line turned to #1 above, at about 1200. We also noted that the 2007/08 long term support line is at 700/800. So that forms our longest term support […]
FBMKLCI
March 17th, 2020 No Comments
I have written extensively that the market is weak and poised to go down. (Tan Teng Boo of the Capital Dynamics fame has been waiting for this bear market for 10 years now I think) It is not possible to know the extent of the drop (only via hindsight) but we can deduce and infer […]
Tags: capitaldynamics · fbmklci · tantengboo
FBMKLCI
March 3rd, 2020 No Comments
On 3 Feb, long before any political fiasco, I wrote that the market has broken the 1550 line and chance favours the downside to the 1450 area Unlike political parties, charts rarely lie and they dont reverse their position in 1 day (since it takes a long period of time to build the cause for […]
Tags:
PANAMY
February 21st, 2020 No Comments
To the uninitiated, every chart looks the same But there is a huge difference to the trained eye Do you think the above is strong or weak? Buy or no buy Why?
AirAsia
February 21st, 2020 No Comments
If you must buy Airasia, this is the time to look at it Hard stop loss at RM1.14, with a potential upside to RM1.30
Dutchlady
February 19th, 2020 No Comments
Dlady is an interesting stock to watch Clear resistance is around RM65, while support is around RM40 It is at an attractive price point to buy Cut loss should be set at slightly below RM40
Tags: dlady
