Announcement:-
Certain questions with answers as per below, those questions needed in detail explanation have been compiled and sent to your respective email yesterday. If you do not receive it, please drop me an email.
1) There are request to have the photos that we have taken during the seminar. I will select and get a way to put up on my blog during the last 2 weeks of December.
2) There are request that all our seminars to be published on my blog, I will do so starting 1st of January 2012.
FBMKLCI
Hovering Around SMA 50…
The FBMKLCI will resume its trading around the SMA 50 (1433 level) and investors can closely monitor this level for any individual stock initiation. The index will remain in these 30 points of trading range until either direction is being taken out convincingly.
For the week, immediate support is seen at 1419 level, followed by 1400 level and immediate resistance is seen at 1433 level, followed by 1453 level.
FKLI
Immediate Support is Seen at 1410 Level!
Further downside is expected, thus, investors (risk takers investors) should take the opportunity to initiate short position on any rebound today, especially on any rebound above the 1440 level.
For the week, the immediate support is seen at 1410 level, followed by 1400 level and immediate resistance is seen at 1429 level, followed by 1445 level.
FCPO
Downtrend Confirmed?
Last Friday, FCPO for the first time dropped below SMA 20 (3094) after the breakout a month ago. Will this indicate further downtrend is expected? Investors can closely monitor and take this level as a reference level. I should cover in detail on Thursday. Risk averse investors can remain holding your short position.
For the week, immediate support is seen at 3036 level, followed by 3000 level and immediate resistance is seen at 3100 level, followed by 3150 level.
No comments:
Post a Comment