Blog: FBM KLCI next support will be at 1,520 level

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5 comment(s). Last comment by Namoyaki Takarajima 2012-05-20 10:00

kong73

2,065 posts

Posted by kong73 > 2012-05-19 18:08 | Report Abuse

why..oh why...sigh

shimsihu

33 posts

Posted by shimsihu > 2012-05-19 19:48 | Report Abuse

this a wave 3 down, can easily break to 1500 level next week, we shall see.

eagleis

146 posts

Posted by eagleis > 2012-05-19 20:26 | Report Abuse

Dear shimsihu, there definitely will be a technical rebounce.

shimsihu

33 posts

Posted by shimsihu > 2012-05-20 09:48 | Report Abuse

technical rebounce will be at w2/3 and w4/3 but will short after
that the trend will continue downwards.

Namoyaki Takarajima

565 posts

Posted by Namoyaki Takarajima > 2012-05-20 10:00 | Report Abuse

Agreed wth you shimsihu, now we are still qt strong @1527/30, next downtrend will be @1520/00. Rebound a little while as reported to boost local market.

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