FBM KLCI Likely To Hits New High In Nov

Base on the chart, FBM KLCI is moving up to hits new high above 1,300 in this month of Nov. 14 days RSI still showing at 50% so still have room for it to move above 70%. As about year end, market move positively with all the good news flow out from US even some of it look not so good.

As market move higher, risk of correction will be more but in Malaysia if you buy Bank warrant sure you had made some profit. With latest development, plantation share may effected so I think better group up the money to invest in banking share will give maximum profit in short term.

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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