Sunday, November 18, 2007

KLCI Weekly Analysis

KLCI Monthly Chart

Trend is still up but weakening. Still above the 1994 high.

KLCI Weekly Chart

Trend is still up. But weakening. Maybe just consolidating?

KLCI Daily Chart

Still holding. Looks like base building. No worries until is close lower than 1377.

With the listing of Synergy on 30 Nov, according to OSK calculation, the index may jump 30 points!

So we shall wait for the year end rally, CNY rally and election rally. What is the next theme? HK theme is currently down. O&G is not moving. Plantation is still up. Banking is not moving.

I got a feeling that this may be the start of the end of a good bull run. One more dash and then over and wait for another 5 years.


Anonymous said...

Whack a few lots of Synergy when it list on 30 Nov. Sure make money one.

Anonymous said...

Hey there, is there any sites that enables online watch on london stock exchange market?
i don't seems to find any websites that offer direct watch on the stocks.
Mind sharing ..?