Morning ... with CPO at lowest level ... we will want to check on the four-index linked counters : Simeplt, KLK , IOICorp and PPB
KLCI is way below 200MA (long term trend) after for past year(s), it has been used as the resistance. Currently 200MA sitting around 1530 level ... as I m sharing the MOVING AVERAGE learning corner with my group for today, using KLCI as an example to explain.
note : can join my trading group to LEARN (I created a NEWBIE group to teach the group --- free for members , of coz --- Fundamental Analysis and Technical Analysis)
contact : 012 - 821 0129
Plantation (weekly) : Let us check the plantation index ... which NOT crashing as bad yet tho many small-mid caps plantation counters DIVING to 2008 low level, some way below.
To explain that to my group last night, I have shown the FOUR GIANTS ... which yet to crash!! Incredibly ... how the local funds supporting these four to SUPPORT THE KLCI.
got to go for breakfast ... do check my blog for updates of the four charts later.
https://cpteh.blogspot. com
go to
https://cpteh.blogspot.com/
to be continue
TEH