Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Naked Chart Trading: KLCI 20 Jun 2024

Revisit $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ as the index hit the Fibo resistance level we mentioned before at around 1630 level and forming head & shoulder bearish reversal pattern.
Naked Chart Trading: KLCI 20 Jun 2024
KLCI facing selling pressure in a row and break below 1600 level yesterday, signalling increasing of sellers and likely to go for a technical correction after its strong bull run since 2H 2023. Continue to close below 1600 level today will form the H&S bearish pattern
Resistance: 1600, 1620, 1630
Support: 1580, 1570 , 1530
Disclaimer
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
21
+0
Translate
Report
178K Views
Comment
Sign in to post a comment
    avatar
    Moomoo Malaysia Head of Dealing
    Trading is a mirror that reflects everything about myself 交易就是一面反映自身一切的镜子
    3166Followers
    63Following
    4633Visitors
    Follow