Still heading up. No resistance until 1280. Daily and weekly is overbought. I just realized that it is almost at the end of 3rd quarter. No wonder the bluechips are pushed up one by one. Someone really want to massage his/her performance.
Nothing to say but just enjoy the ride up.
The sector summary is given below:
Malaysia | Monthly | Weekly | Daily | Note |
FBM KLCI | Up | Up | Up | R=1.3k, S=1.15k. Overbought |
Finance | Up | Up | Up | R=10k, S=9k |
Construction | Up | Up | Up | R=250, S=220 |
Plantation | Up | Up | Up | Broke out of downtrend. |
Property | Up | Up | Up | R=820, S=760 |
FBM ACE | Up | Neutral | Down | Down or consolidation. |
Enjoy the long weekend and Selamat Hari Raya to all Muslim readers.
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