Millionaire Trend Trader: FBM KLCI - likely to continue moving sideways range-bound

Monday, May 3, 2021

FBM KLCI - likely to continue moving sideways range-bound

Stocks on Bursa Malaysia ended lower on last Friday, the last trading day of April 21, with the benchmark FBMKLCI closed lower to stay just above the 1,600 level as persistence selling in selected industrial products and services as well as plantation counters pushed the key index to end the week lower, Read more >>

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MBAK RISKA said...: ASSALAMU ALAIKUM WR WB....
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The financial markets generally are unpredictable. So that one has to have different scenarios.. The idea that you can actually predict what's going to happen contradicts my way of looking at the market. - George Soros

Our favourite holding period is forever. - Warren Buffet

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Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information. - Peter Drucker

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. - Jesse Livermore

Wide diversification is only required when investors do not understand what they are doing. - Warren Buffett

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception. - George Soros

Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed. - Benjamin Graham

The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. - Jesse Livermore

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Monday, May 3, 2021

FBM KLCI - likely to continue moving sideways range-bound

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