FKLI1!
The economy is in deppression.The down trend predicted continue to slowing down due to OIl price crash, and the simulates of economy at this MCO are very weak. According to Prime Minister, the country losses about RM24 Billion a day. But the Perhatin Rakyat aid helping a little bit in this short time period economy.
Forecast the economy will be a sluggish economic growth. Due to a slow economy progression.
To Malaysian Traders, we can help the simulates of Malaysian economy with our trades and bring back the profits in our country. Together we help economy to grow back, develop where we can. .
FKLI - Short on potential Turning pointFKLI Apr2020
1) Failed to break the strong resistance line 1360 (Orange color Step line)
2) Down arrow arrow appear, have potential continue go down
3) Fibonacci Support 38.2%, 1293 and 50%, 1270
4) Cut Loss, above 1368
(Disclaimer: for demonstrate planned trade for education purpose only, not for recommend to buy or sell. Trade at your own risk & consult your future broker's representative before enter trade)
FKLI REVERSALThe bottom have been in.
We printed a higher low on daily time frame. Crucial 1600. If we break up we try to reach the yellow trend line.
FKLI Ride the UPTrendeven the market open today is gapping down but the candlestick is still close in bull candle.
try to ride the trend when there is the retracement.
can wait at the price 1710. need to wait for the price action for confirmation.
