2022-04-22 17:50:22
From a big picture, FBMKLCI is pretty much still in a sideways trend. The key resistance neckline is standing around 1613, till now, FBMKLCI is still unable to breakout of that.
Therefore, our market is generally in a cycle of a few good days followed by a few bearish days. Only when it breaks the important neckline, can it signal a full bullish mode for FBMKLCI.
Though, market may not be at its best, profit can still be made by careful selection of counters. More importantly, a quicker and more fast-paced strategy should be adopted to cope with the current condition.
Fast-paced meaning taking your profits slightly faster than usual, especially if you are not investing for the long run. As market has not shown a clear direction, it will be more difficult for counters to surge strongly upwards consistently.
.
.
--------------------------------------------------------------------
Like & Follow our #FBpage and #Telegram channel for more sharing like this! You can also WhatsApp us to enquire about BP Premium Group! https://wa.me/message/ZCJLVNWPJOWVI1
Telegram Channel: t.me/bursapilotgroup
Facebook Page: https://www.facebook.com/BursaPilot
455 viewsedited 14:50
B
