Wednesday 27 February 2013

Analysis on KLCI and FCPO for 28/02/2013

KLCI

Stock markets likely to have technical rebound this week and KLCI might challenge above 1630. May monitor below stocks for short term play:

1. Airasia
2. Perdana
3. Ingress
4. Pos
5. Timecom
6. Dayang
7. Takaful
8. KLCCP
9. MKH
10. Deleum
11. Tebrau
12. Drbhcom
13. Gtronic
14. CMMT
15. Pwroot

FCPO

As expected by yesterday, FCPO (may contract) having technical rebound to 2443 and fell to the lowest of 2395 and closed at 2410. Congratulation to those short at high side.

2440 will be current strong resistant, if this level cannot break through by tomorrow, the next potential target will be 2380.

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