dimpledbrain

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FBMKLCI

December 20th, 2019 by dimpledbrain

  1. In the last post, I mentioned that KLCI might go up to the lower of the upper channel for window dressing purpose (highlighted middle yellow)
  2. It exceeded my expectation and blasted through the line
  3. From here we have a clear trading channel line (highlighted yellow bottom and top)
  4. We would need to see what the price does when it approaches the 2 lines (support/ resistance) for us to make the next educated guess
  5. Happy holidays

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