After last week's SHAKEOUT, KLCI has had six consecutive win...
After last week's SHAKEOUT, KLCI has had six consecutive wins.
This is the third time this year that it has been six consecutive years.
Malaysian stocks have more than 1,000 shares, and KLCI has only 30 large constituent stocks.
It does not adequately represent the market situation.
I am focusing on EMAS trends,
The EMAS index returned to MA50 after being adjusted on 12/12/23 last year.
I've been walking on the MA50 for 88 days now, +10.46%.
Pretty forms a primary trend.
This is the second-longest rise in the EMAS index above MA50 in the past ten years.
In January 2017, it took 114 days, up to +10.99%.
In April 2020, it took 78 days to reach a maximum of +18.74% (strong recovery after the collapse of the epidemic.)
From December 2023 to today, it took 88 days +10.46%.
This is the third time this year that it has been six consecutive years.
Malaysian stocks have more than 1,000 shares, and KLCI has only 30 large constituent stocks.
It does not adequately represent the market situation.
I am focusing on EMAS trends,
The EMAS index returned to MA50 after being adjusted on 12/12/23 last year.
I've been walking on the MA50 for 88 days now, +10.46%.
Pretty forms a primary trend.
This is the second-longest rise in the EMAS index above MA50 in the past ten years.
In January 2017, it took 114 days, up to +10.99%.
In April 2020, it took 78 days to reach a maximum of +18.74% (strong recovery after the collapse of the epidemic.)
From December 2023 to today, it took 88 days +10.46%.
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