Friday, February 12, 2010

Bursa Malaysia Weekly Summary

FBM KLCI Weekly Chart

KLCI may have found a temporary bottom, it should rebound from here, and then make another attempt towards 1200. Negative MACD/lower Stochastic means that KLCI will not rally higher than 1300. The most important thing now is base building.

Sector summary:
Malaysia Monthly Weekly Daily
FBM KLCI Up Neutral Down
Finance Up Neutral Down (-)
Construction Up Neutral Neutral
Plantation Up Neutral Down
Property Up Neutral Down (-)

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