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Writer's pictureHONG WEI GIET

FBMKLCI - technical analysis


https://www.tradingview.com/x/Kp7BHzFS

Double Top Reverse

  1. FBMKLCI completed Double Top Reverse dated 07/11/2017.

  2. Meanwhile, it also reached Head and Shoulder pattern technically dated 13/11/2017.

  3. With this 2 major indicator, FBMKLCI will have a big correction period in near future.

  4. Resistance point(1) : 1698.85 point

  5. Resistance point(2) : 1679.11 point

  6. It is a good period to collect some blue chip during correction period.

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