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Bursa...Breaking New High Soon?
by hlk Wed 29 Jun 2011, 08:23
This push of FBM KLCI is getting nearer to its historical high amid improving sentiment in other major markets. Nevertheless, as overseas markets are merely lifting themselves out of the oversold zones, it's too early to call for a total recovery; hence caution is definitely still warranted.
The likely effect of half-time window dressing will need to be watched to gauge if the new high is a tradeable one. Until then, be a bit more patient to wait out the breakout...
Alpha Chart
The likely effect of half-time window dressing will need to be watched to gauge if the new high is a tradeable one. Until then, be a bit more patient to wait out the breakout...
Alpha Chart
hlk- Moderator
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