KLCI Tech Index - Breakout from Triangle
- With the main KLCI index hovering at support over the past few weeks, only Tech index remain strong and resillient
- There are strength in the Tech sector
Recommendations:
- Choose stocks with strength and trending upwards such as Frontkn, Inari, Penta
- There are strength in the Tech sector
Recommendations:
- Choose stocks with strength and trending upwards such as Frontkn, Inari, Penta
Trade active
Tech index reached resistance, lets see whether it can break the resistance for more upside.Trade active
We have reached way past our target, there are some distribution going on among the tech counters, those counters that I mentioned here had already gained quite significant over the past weeks. Now tech index will be having a pullback and lets observe whether it can hold on to previous support @35.68
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.