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Sunday, January 27, 2008

KLCI (25 Jan 2008)

KLCI Weekly Chart

Long shadow hammer gives hope for the continuation of uptrend. But MACD and stochastic is pointing down. I will bet that it is going up. Why? It's election year and foreign funds are in. Do you notice the increase in BNM international reserves. Furthermore, blue chips are highly traded. Let's hope that my bet is correct.

1 comment:

wong said...

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