Friday, December 18, 2009

Bursa Malaysia Weekly Summary

The market is still going nowhere. If I want to add positions, then I'll look into plantation sector.

Malaysia Monthly Weekly Daily Note
FBM KLCI Up Up Up (+) R=1.3k, S=1.2k.
Finance Up Up Up (+) R=11k, S=9.5k.
Construction Up Neutral Neutral (+) R=250, S=220. Serious correction
Plantation Up Up Up (+) R=6.4k, S=5.8k.
Property Up Neutral Down R=820, S=760. Correction

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