20091021 0900 FBM KLCI Daily Chart Study.
Seems like market will continue to have profit taking activities today due to the fact that our KLCI yesterday closed with a doji bar candle. MACD Histrogram stayed flat shows that seller coming into the market to neutralised buyer's action. Overall the trend is still up and market still potentially move higher. The Dow ended lower last night to closed at 10041.48 down 50.71.
1 comment:
i think fkli will have 1 more push up before going sideways or reversing down. ...provided technically,fkli must close above yesterday's low
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