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$Alcon(ALC.US$
interesting setup. if we are able to break 89.43, we could see 90.66 / 90.44 and 91.88+. Reject 89.43 could take this down to 88.21 / 88.49 and maybe 86.98
interesting setup. if we are able to break 89.43, we could see 90.66 / 90.44 and 91.88+. Reject 89.43 could take this down to 88.21 / 88.49 and maybe 86.98
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Today, Malaysian stocks easily broke through the 1,590 level. At noon trading, they had already risen to the 1,595 level. The whole office was excited, speculating whether they could break through 1,600 points when the market closed today.
After all, the last time I stood above 1,600 was on April 29, 2022, two years ago.
As to whether there will be a market correction tomorrow, BBBWealth financial planner Xiang Qingfa pointed out in an interview with “Nanyang Commercial Daily”: “The current trend of the comprehensive index has formed aStrong upward momentum. Based on the recent active trading sentiment in the market, and with the help of the return of foreign capital,Breaking through the 1,600 psychological level won't be a big challenge.”
It means that breaking through 1,600 points is not a dream; however, will it continue to rise after passing 1,600 points? He pointed out,1614 points is a strong resistance.
” After all, 1,614 points is also the level where the epidemic has plummeted. The funds of many retail investors are locked in this region, so it will become selling pressure, impacting the upward momentum of the composite index.
Are 1,600 points just a flash?? He pointed out that if the Composite Index's rise is blocked,It is estimated that it will enter a period of consolidation, but as long as the 1,575-point support level is maintained, the overall upward trend can still be maintained.
“I think even a consolidation in the composite index would benefit the overall trend, make the long-term gains healthier, and consolidate their sustainability.”
Looking out of nowhere? Composite Index Approaches 1600 Level (enanyang.my)
After all, the last time I stood above 1,600 was on April 29, 2022, two years ago.
As to whether there will be a market correction tomorrow, BBBWealth financial planner Xiang Qingfa pointed out in an interview with “Nanyang Commercial Daily”: “The current trend of the comprehensive index has formed aStrong upward momentum. Based on the recent active trading sentiment in the market, and with the help of the return of foreign capital,Breaking through the 1,600 psychological level won't be a big challenge.”
It means that breaking through 1,600 points is not a dream; however, will it continue to rise after passing 1,600 points? He pointed out,1614 points is a strong resistance.
” After all, 1,614 points is also the level where the epidemic has plummeted. The funds of many retail investors are locked in this region, so it will become selling pressure, impacting the upward momentum of the composite index.
Are 1,600 points just a flash?? He pointed out that if the Composite Index's rise is blocked,It is estimated that it will enter a period of consolidation, but as long as the 1,575-point support level is maintained, the overall upward trend can still be maintained.
“I think even a consolidation in the composite index would benefit the overall trend, make the long-term gains healthier, and consolidate their sustainability.”
Looking out of nowhere? Composite Index Approaches 1600 Level (enanyang.my)
Translated
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ColumnsThe restructuring plans of AirAsia Long Haul and One Must Investment Group have been released
$AAX(5238.MY$ announced, and $CAPITALA(5099.MY$ The long-rumored restructuring plan is out
Attach AAX detailspronouncement
Simply put, a new company called “AirAsia Group” will emerge and replace AAX's listed position, then acquire all airlines under AAX and Capital A to form a short, medium and long-haul airline group
For details, Xiaobian is still trying to scramble through this 95-page long proposal...
Capital A also just made the latest announcement,here
There are 68 pages in total, and Xiaobian will continue to work hard...
Also, it was revealed in a small voice that Tony Fernandes will make an announcement tomorrow morning
Source: Nanyang Commercial Daily, Bursa Malaysia
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
Attach AAX detailspronouncement
Simply put, a new company called “AirAsia Group” will emerge and replace AAX's listed position, then acquire all airlines under AAX and Capital A to form a short, medium and long-haul airline group
For details, Xiaobian is still trying to scramble through this 95-page long proposal...
Capital A also just made the latest announcement,here
There are 68 pages in total, and Xiaobian will continue to work hard...
Also, it was revealed in a small voice that Tony Fernandes will make an announcement tomorrow morning
Source: Nanyang Commercial Daily, Bursa Malaysia
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
Translated
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Japan's stock market hits a 34-year high! Is this just the beginning? This video dives into the reasons behind the Nikkei 225's surge, explores why I believe it has further to climb (including a potential doubling!), and offers tips on how to invest in the Japanese market.
ETF listed in SGX:
$Lion-Nomura Japan Active ETF (Powered by AI)(JJJ.SG$
$A Lion-Nomura Japan US(JUS.SG$
Short-term trading instruments:
$MSCIJP3xLongMA270212US(JLJW.SG$
$MSCIJP3xShortMA270212US(PYKW.SG$
ETF listed in SGX:
$Lion-Nomura Japan Active ETF (Powered by AI)(JJJ.SG$
$A Lion-Nomura Japan US(JUS.SG$
Short-term trading instruments:
$MSCIJP3xLongMA270212US(JLJW.SG$
$MSCIJP3xShortMA270212US(PYKW.SG$