KLSE trade ideas
Light at the end of the tunnelCan two person who both buy and sell at same time be right about the market ?
The answer is a resounding yes !
Why, you may asked? That is because the one who sells is doing it for short term correction while the one who is buying is doing so for long term investing.
Therefore, the 3-5% correction will not affect the buyers as his view is long term. In fact, he may average in as it is considered as a discount to him.
Read this news here
The extra precaution undertaken by the Malaysia government is a prudent one as it wants to ensure the Covid-19 cases continue to fall and the resurgence of a relapse is reduced to the lowest. This also spells positivity to the local SMEs who are slowly restarting their business operation.
FBMKLCI - DUIT RAYA FOR THIS WEEK1. SUPPORT - 1368
2. RESISTANCE 1 - 1412
2. RESISTANCE 2 - 1447
INDEKS TRY TO BREAK THE RESISTANCE 3 TIMES (20/4/2020 , 30/4/2020, AND 14 MAY 2020)
Probably this week index try to break the resistance. Hopefully it works.
#mahersaham
KLCI index: Has The Rally starting from 17 Mac came to a pulse? 1. on weekly chart we a piercing patter W:P form right at the 50% fibs level
2. on daily, market seems to move sideways for the past 16 days.
3. we also see price making lower high for the past 16 days,
4. Maybe we could see KLCI to make a correction to 38% before continue with the bull run?
The world economy is in Depression.Hi Malaysian traders,
The world economy is really in bad shape today, the market is almost die. Nyawa2 ikan.. But the government is trying hard to re-boost the nations economy.
But, the world is really sick today. Maybe the market goes up or going down.
For Malaysian economy, it's depend on how the big-big company to help re-boost the market.. and how much is the cash flow in the market.
Be safe..
-End-
Really in bad shape.The Malaysia market is really in bad shapes....
More down turn to expected in few months ahead....
I felt this is the biggest economy depression will Malaysian had..
I feel very sad to see this chart, semoga kita semua rakyat Malaysia semakin tabah dan cekal...
Buatlah perancangan kewangan dengan teratur..
judgement day cometomorrow market will decide where he want to go. personally i think it will down but wait it move first
FBMKLCI Prediction - Target to reachPrediction: FBMKLCI will climb to reach the Target around 1470. Medium term outlook.
Longest Bear market in history for FBMKLCI is about to be made.Bearish market until 2024?
the trader is having no trouble making money in the bearish market but an investor who aims for long term investment is having trouble with this.
EPF, Tabung Haji and ASB earning will be lower each year in this coming few years.
I wish I could be wrong about this as our Rakyat will suffer more than ever but they don't know why.
Everyday is a struggle.
Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied.
I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Buy at your own risk.
Ke mana arah tuju KLCI?INDEX KLCI UPDATE 1 MAY 2020
KLCI telah rebound dari point area 1212 sejak Perintah Kawalan Pergerakan di laksanakan. Persoalannya kemanakah arah tuju KLCI?
Pendapat peribadi saya, KLCI telah melepasi phsycolgy point 1400 dan telah menutupi gap yag di lakukan sebelum ini. Apa yang bakal berlaku pada bulan May? saya menjangkakan index bakal melakukan sedikit lagi kenaikan sehingga paras 1470 - 1505, sekiranya paras 1500 berjaya di kekalkan berkemungkinan index akan terus melakukan kenaikan. Walaubagaimanapun, saya melihat index akan mula Uturn melakukan kejatuhan pada range 1470 - 1505 menghala ke area point 800+.
*Perhatian!!!
Kajian yang di tunjukkan adalah pendapat peribadi sahaja, tidak ada kena mengena dengan arahan jual mahupun beli sesuatu saham. Segala perubahan boleh berlaku mengikut situasi semasa market.
#KLCI
#IbrahimZohari
#IndependentTraders
BURSA MALAYSIA RECOVERYAfter a very long term bearish since 2018, we can see now KLCI starts to recover. We can expect the price will move up to 16% to find a previous supply zone. However, the price still retest at demand zone and might be a good opportunity to buy the index at discounted price.
p/s: the index correlated with stock market so we can start to build our watchlist to filter which stock can be potential to buy at lower price.
Where will KLCI go next?There are many reasons why I am having a bearish bias on KLCI, and along with that many stocks that have seen remarkable rebound ranging from 50-100% since the panic meltdown back in March. Among them, the potential second wave of covid cases, the unrealistic optimism of retailer or what Keynes likes to say irrational exuberance, the multiplier effect of low consumption and higher unemployment rate.
Going back to the chart, KLCI has to make a decision to break above 1429 for further upside, or break below 1352 to finally confirm another leg down, which potentially would send us down to March’s low to retest a double bottom. Since there is no main catalyst in Malaysia to decide the direction, I will be monitoring the US market very closely as an indicator of where our market is going next. If we are moving up, I will continue trading until the music stops. However most of my trading profit will be directed to build a short position via put warrant on KLCI.
Trade safe guys.
KLSE fall below MA 9 and losing momentum. i hope KLSE can continue rebound but it seen KLSE getting weaker and approaching 1350 support line. i don't think long KLSE is a good choice.
FBMKLCI - bull is running out of steam!FTSEMYX:FBMKLCI has been on mini recovery bull run, up for 5 consecutive sessions. When will this end and how bad will it be?
Technical: the market is heading into a rising wedge after closing the 1369-1419 price gap and expect breakout either side. Price has recovered 50% from the bottom if we use 2 Jan as the recent high. The next level on the upside is to close the 1459-1479 price gap while the downside is revisit the low of Mar 19th at 1208 level.
Fundamental: Market is closely mirroring overseas price action for clues. Despite the billions of dollars in Covid stimulus package, market is still cautious of economic recovery post-Covid. Many companies will go bankrupt and the new normal will affect industries that are "high-touch" because social distancing has changed the way we live and socialize. The extent of the damage done by Coid and oil price decline will only be known months after MCO is lifted.
The bullish ones will expect a quick market recovery as the stimulus package can help businesses weather the Covid storm comfortably whereas experience tells me that investors are irrationally optimistic until the reality hits them. The experience will be similar to the first week of MCO when everyone is quite relaxed about the situation until someone they know got infected or arrested by the police for MCO violation.
Trade idea: be patient and wait for the breakout before opening a new position. I favour shorting the market on any quick rally because I believe this is a bear wearing a bull's clothes to deceive us.
FBMKLCI - Broke support. Just a dead cat bounce? - Attempt to broke major downtrend support, failed
- Quarter earning seasons, lower performance for Q1
- Low oil price
- Global COVID-19 worsening
FBMKLCI heavy short. Sl @ 20 April 2020 Hi. Tp @ around 890Price cant cross above median line ( The thick red line ). Oil Crisis. This is " Big Problem" for Malaysia Government.
