Prolexus Warrant this counter after a long negative and downwards movement is all ready to show some reversal and a upside movement.
it is now at 0.160 and it is expected to move up to 0.185.. it is expected to break it's resistance of 0.180. Can be a good counter for short term buying
Berjaya Corporation Bhd after forming double bottom around 0.260 consolidate in price band of 0.270-0.290.
On first time stock breaks and made high 0.290 with volume surge.
Stock can rise till 0.300-0.315 with support comes at 0.260 on closing basis
Stock Breakout above channel on weekly chart.Also trading above key moving averages.
After Breakout stock keep trading sideways for two weeks with in inside bar. If stock break above 0.610 further move on higher side expected with price target of 0.650.
Capitulation of volume inside channel also high.
As per last one month KLSE index trading in range of 1680-1720 just below 61.8% Fib retrenchment level of rise from July-18 to Aug-18.
If index trade below 1700 level then fall to 1670-1660 level.
Volume addition in selling suggest major delivery based selling happening.