BURSA MALAYSIA BERHAD
Observation from Chart:-
21 Oct 2011, Bursa retest MA50 resistant BUT still unable break through.
Will it break through this level?
Other indicator:-
MACD at negative region, it is downtrend itinerary.
Stochastic %K trigger SELL call, pending confirmation.
Immediate resistant RM6.44 or MA50 level.
Immediate support RM6.14 or MA20 level.
In view of DownJone, NYSE etc surge higher...FBMKLCI should be gap up on coming trading day. High probably, Bursa will be break through MA50 resistant.
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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