Tuesday, April 15, 2008
12:19 noon - KLCI is very strong today due to higher FCPO prices
Up almost +8.67 pts.
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(Cannot upload chart)
10:16 am - KLCI is testing if it can go lower ?
If it can't go lower because there is no more seller then the buyer will come and buy today !
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9:11 am : Public Bank results q1 jump 51% and so it confirmed.
So, it is time to dispose PBB if you are short term investor. On the chartwise, it going to retest the last high at RM 11/Rm11.30. If it cannot break higher, PBB will move sideway.
Long term investor can continue to hold on PBB Bank for dividend play.
Normally, retail investors will buy at this junction.
9:04 am - KLCI rebounded after selldown.
CPO prices was up 2.36% yesterday and this wud affect plantation sectors to go up.
Overall, general sentiments are weak. Let see if KLCI can break 1264 resistance.
Labels:
Sell
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