Thursday, November 28, 2013

29th Nov 2013 - KLCI

FBMKLCI had crossed 1,805 today

Author: Ooi Teik Bee   |   Publish date: Fri, 29 Nov 00:26 

Dear valued clients and members,

Please note that all Asian stock markets are bullish now, likewise our FBMKLCI. 

FBMKLCI had crossed 1,805 today, there is a buy sign (Green arrow) appeared in my SharesXPert system. Hence I am convinced that KLSE is turning to be bullish again.

I still believe that this rally will last until Chinese New Years 2014 (January effect). Please note that there was a correction in KLSE for the past one and half months. I am very bullish because the chart pattern of our FBMKLCI is called "Inverted Head And Shoulder", a very bullish chart pattern according to Technical Analysis.

Please trade with care.

Thank you.
Ooi Teik Bee

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