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  • Writer's pictureHONG WEI GIET

FBMKLCI


https://www.tradingview.com/x/HjYhH7vQ

Note

  1. FBMKLCI entered a turning point on 19/06/2017

  2. Resistance Point (2) 1787 & Resistance Point (1) 1769

  3. Support Point (1) 1756 & Support Point (2) 1726

  4. MACD & RSI bearish point

  5. Strong downward pressure

  6. Noted that Oil Price (Downward) and USD/MYR (Upward) which impact FBMKLCI performance. (Refer to picture below)

Strategic

  1. Screening shares listing of FBMKLCI to buy in some good dividend shares at discount price to hold long term.

  2. Waiting another turning point confirmation (Upward turning) and buy in shares listing of FBMKLCI to ride upward rally for short term position.

https://www.bloomberg.com/quote/USDMYR:CUR

http://oilprice.com/oil-price-charts

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