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2010-09-24

Still Early To Said FBM KLCI Is Enter Correction Zone



















Yesterday FBM KLCI drop 16 point still did not show that the index is enter correction zone. Base on the chart FBM KLCI may likely to drop to 1,443 support line before bounds up if the bull run is still on. However if 1,443 level broken, next support line will be 1,400 and this is the strong support line. Any broken down this line will end the bull run.

2 comments:

Ivan September 24, 2010 at 6:17 PM  

yaya .
seem the pullback is intake. .
but dono gov action leh.
whether will support/ manipulate ci or not

some lower price share been goreng . ..and volume are >1b

Durian Edge September 25, 2010 at 10:29 PM  

Big money see like moving they target to penny stocks, at Friday some penny stocks up more than 25% with high volume.

I think the correction for blue chip is near.

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