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Entries Tagged as 'FBMKLCI'

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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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?

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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

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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

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BTC

February 17th, 2020 No Comments

For BTC to turn down without reaching the upper of the upchannel means supply is present Strong resistance (selling) can be seen around ~USD10.5K At this rate, it is more possible for BTC to break the downward channel and rebuild a base (if it is to resume the upmove) or just breakdown from there THAN […]

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REITS

February 14th, 2020 No Comments

I could have made another post when REITS turns down to justify my posting but I chose to post it now, to see the market as it is Previously I mentioned that I expect it to shoot down to the low of ~950 than to shoot up to ~980 BNM came out with yet another […]

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