Low Retail Investor In Market May Help FBM KLCI To Move Higher
Due to low retail investor inside the market, mostly is "Wolf. Malaysia share market may likely to move higher back to 1,520 level in short term. This few day, the big money had test the market for any weak investor holder to sale they share and also mark the share up for any retail investor to go in but both sign show that the retail investor is low in the market.
Due to this, short term FBM KLCI is bullish because not point to dip the share when most of the "Wolf" money is in the market. If you had brought some bank warrant like CIMB and PBBANK during the big dip below 1,500 level, next week is may likely a good time to take profit. All warrant that I brought in CIMB, PBBANK and GAMUDA already show good exit profit.
When most of the money in share market is not from retail investor, the market will not respond to bad news and the index may up "when not news is good news"
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