FBM KLCI Broken 1,540 Level

2011-04-01

FBM KLCI Broken 1,540 Level

Yesterday FBM KLCI bullish up above 1,540 level without any good news, the rally just up base on "No news is good news" with low retail investor in the market, share usually easy to more up because big money control the situation and always mark up for retail investor to buy in high price. They usually mark the price up very fast so that they can sale they share in profit zone.

Yesterday already sold bank warrant from HLBank and PBBANK, today will hope CIMB and Gamuda can bring some profit as Sarawak election is near. To make profit in share, follow this:

"Buy when you see red sea, sale when you see green earth"

2 comments:

nr.24 April 2, 2011 at 6:20 PM: ive just created a new trading blog. do pay a visit n consider exchanging link in future. thank you. here's the link http://theklsewolf.blogspot.com
Anonymous April 2, 2011 at 7:20 PM: Durian Edge,
What do you think about Bursa 1818 counter? Recently the RSI is overbought and the MACD is already on the upper half.
However the bollinger band remain quite narrow and last Friday there was a surge in buying volume at above average, even though the RSI is at overbought.
What do you think about Bursa 1818?
Can it still rally?

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