Thursday, May 27, 2010

Technical rebound on FBMKLCI

FBMKLCI broke out 1254 this morning
The next target is 200 days MA about 1268 and then 1272
Please check our technical commentary tonight
We are not rushing in yet, we are looking for further rebound at 1292 and even 1301 to fill the gap. It will take a few more days to monitor.

Human nature is full of Greed and Fear. The emotion of human was reflected on the movement of the stocks' prices.