KLSE to retrace below to 1680??

Posted by stockcafe > 2015-06-16 08:45 | Report Abuse

If break the FIBO resistance of 1719 ,it might further retrace. There is 3 Possiblities 1) Green Signal , if break above the 1783 it might remain bullish. Elliot wave possible end of Wave C signal. 2) Blue Signal , Slight possiblity of Dead cat bounce at hit the 1783 resistance and retrace further. 3) Red Signal , Bear trap hit 1757 and retrace and break below 1719. FIBO Resistance : 1757 , 1783, 1809 FIBO Support : 1719, 1671 Conventional Resistance : 1774, 1785 Conventional Support : 1706 , 1672

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1 comment(s). Last comment by speakup 2015-06-16 09:23

speakup

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Posted by speakup > 2015-06-16 09:23 | Report Abuse

foreign funds selling.....

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