Technical analysis is the forecasting of market prices by means of analysis of data generated by the process of trading. Technical analysis relies on the assumption that markets discount everything except information generated by market action, ergo, all you need is data generated by market action. Let's join and discuss the technical analysis in depth on particular stock with the traders all over the world.

Monday 28 November 2011

Future

KLCI
Resistance:1439, 1454
Support: 1423

FKLI-DEC
Resistance:1422,1443.5,1474
Support: 1405
Position: Long if open between 1419.5-1422 and close above 1419.5.  Take profit at  1443.5

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