Linear-WA

Start moving. Monitor Closely.

RAMUNIA-WA

Beware of the pick up on 27 July, it may be a trap for your fund in short period.

TA-WB Short Period Correction

TA-WB is going to minor retrace in next few trading days. Support at RM0.16.

TA-WB

TA-WB is moving, but if faces a strong resistance at RM0.185. If it can surpass RM0.185, it will continue to rise until RM0.22

GOOD MARKET AHEAD

CI closed at 939.69 (Up 17.75 points). This is a good reaction towards Rinngit Repeg. Market may move higher from time to time. Remember 1998 peg, market started to move after the Peg, made good return 3 months later.Now, Repeg may induce more exports and more foreigner investors. Therefore, many business and market analysts give good indicator on mid and long term stock market investment.

ANNOUNCEMENT OF MULTIPLE CHANNELS

In order to cater for respective groups' needs, STOCTOUCH has restructured the various information channel as below :

 

1) STOCTOUCH Bursa Malaysia (KLSE) Forecast - THE HOMEPAGE -  at http://www.STOCTOUCH.tells.it

2) STOCTOUCH Bursa Malaysia (KLSE) Breaking Updates - DAY-TO-DAY FORECAST AND UPDATES - at http://STOCTOUCH.blogspot.com

3) STOCTOUCH Forum - BURSA MALASYIA AND FUTURES COMMUNITIES - at http://www.STOCTOUCH.tk

 

 

RINGGIT REPEG - EXCELLENT MOVE FOR MALAYSIA BUSINESS AND MARKET

The announcement of repeg of ringgit was made after Chinese Government announcement. The repeg will help to strengthen our exports, increasing our business activity. Therefore it helps to improve companies' earnings in mid and long term.

In other words, share prices may reflect the possible growth in the mid and long run. From the bottoming, share market is expected to move and grow gradually up.

SELECTIVE 2ND & 3RD LINER STOCKS START TO MOVE ?!

Seems like 2nd & 3rd Liner Stocks start to move. Monitor Mesdaq Counters.

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Market Down Again?

2nd and 3rd liner stocks may gradually go up while CI corrects.

Keep an Eye on ISYODA (Main-Construction)

Monitor ISYODA, this counter may start to move once it touches RM0.75 in next few trading days.

MEASAT & CAMERLIN-W

Both counters may retrace in the short period.

STOCTOUCH BURSA MALAYSIA (KLSE) FORECAST

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