Home
Market Watch
Portfolio Manager
Top
Highlights:
1
FBMKLCI-EA (0820EA) : FTSE BURSA MALAYSIA KLCI ETF
scotthong
Member Star
Posts: 25
Joined: Jan 2017
Male, MYS
24 Mar 2019, 11:46 PMPost #1

FBMKLCI Weekly Report - 24/3/2019

March 24, 2019 | HONG WEI GIET

Technical Analysis

===========

Short Term

- FBMKLCI entered downward trend on Apr 20, 2019 and it completed 4 waves (ABC) in 7 months.

- FBMKLCI started 5th waves on 

More:- https://www.fundamental-technical-analysis.com/malaysia/author/HONG-WEI-GIET

scotthong
Member Star
Posts: 25
Joined: Jan 2017
Male, MYS
07 Apr 2019, 12:48 AMPost #2

FBMKLCI Weekly Report - 06/4/2019

April 7, 2019 | HONG WEI GIET

 Technical Analysis

===========

- FBMKLCI drop significantly from 1646.43 level to 1628.66 after Nikkei Malaysia Manufacturing PMI® registered at 47.2 in March 2019 and it is lower than 47.6 in February 2019.

- It is near to previous low 1626.93 level on Dec 18, 2018. Thus, the market is very concern about Malaysia short term outlook which leads to a panic selloff in the shares market.

- However, there is strong buying force which was stopping FBMKLCI to drop further in the next trading days.

- FBMKLCI entered a consolidation phase in following trading days.

- There is the highest transaction volume happened on Apri 4, 2019 (Since Mar 19, 2019).

- With RSI, MACD histogram and MACD signal, we believe FBMKLCI will re-bounce and challenge to close the 1st past gap down on Mar 22, 2019.

- However, there is no signal indica

More:- https://www.fundamental-technical-analysis.com/

scotthong
Member Star
Posts: 25
Joined: Jan 2017
Male, MYS
14 Apr 2019, 09:10 PMPost #3

FBMKLCI Weekly Report - Apr 14, 2019

April 14, 2019 | HONG WEI GIET

 Technical Analysis

===========

- FBMKLCI drop from 1,645.720 points from 1,630.170 points with -15.55 points.

- However, there is a deviate in a direction between FBMKLCI movement and RSI indicator. 

- Although FBMKLCI drops lower than the previous level at 1628.660 points on Apr 11, 2019, RSI doesn't drop below 20 levels (Oversold level) and FBMKLCI closed higher immediate support S1: 1626.44 level on Apr 12, 2019.

- Furthermore, RSI ended sluggishly and it started the upward trend on Apr 2, 2019.

- It is a good indicator which reflects there

More:- https://www.fundamental-technical-analysis.com/

1

yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry

Close