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2011-12-21

KLCI Show Good Sign Of Support

This few trading day saw KLCI index show good sign of support at 1,460 level, an up down trading pattern show between 1,480 and 1,460.

Trading vol also show this level is a good support line, so there are some hope the index may move up to end year 2011.

1 comments:

farmland investment December 22, 2011 at 7:00 AM  

I actually own a Malaysian ETF here in the States among other emerging market positions. I am hoping there is a Santa or New Year's" rally:)

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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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