Bursa Malaysia- RHB Invest Market Chat 2011
Market Trend with Technical Analysis Mr. Joseph Chai, ChartNexus
12-MARCH 2011 Vistana Hotel, Kuantan
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Bursa Malaysia- RHB Invest Market Chat 2011
Disclaimer
� The following contents are to be taken for educational purpose only.
� This is not an advisory service or market prediction. Trading is a risky activity. Please check with your authorised broker for advice.
Bursa Malaysia- RHB Invest Market Chat 2011
Presentation slides can be downloaded via:
www.chartnexus.com/marketchat2011
Announcement
Bursa Malaysia- RHB Invest Market Chat 2011
1. Introduction
2. KLCI and US dollar Index study
3. Past 2010 winners
4. Sector study
5. Q and A
Agenda:
Bursa Malaysia- RHB Invest Market Chat 2011
KLCI Index - - > weekly trend
Bursa Malaysia- RHB Invest Market Chat 2011
KLCI Index - - > Daily Chart
Short-term, KLCI shows weakness
MACD trends bearishness
Bursa Malaysia- RHB Invest Market Chat 2011
KLCI Index - - > Daily Chart
Bursa Malaysia- RHB Invest Market Chat 2011
KLCI Component stocks
� CIMB
� Maybank
� SIME
Conclusion : Banks are under corrections.
They must first stabilized and shows higher HIGHs
Bursa Malaysia- RHB Invest Market Chat 2011
US Dollar Index
Bursa Malaysia- RHB Invest Market Chat 2011
US Dollar Index
� US dollar are trending lower
� Stronger Ringgit will helps importers and companies with US dollars loans
Bursa Malaysia- RHB Invest Market Chat 2011
Past 2010 winners
� keuro, airasia, uemland
What are their characteristics?
� sideway
� breakup long term resistance
� key reversal day (KRD)
� higher volumes
Bursa Malaysia- RHB Invest Market Chat 2011
Suggestion :
� It is either go for leader stockskeep going highere.g. Hap Seng, HWGB
� or go for laggard stockswaiting for key reveral daye.g. KNM
Bursa Malaysia- RHB Invest Market Chat 2011
Sector Study
Bursa Malaysia- RHB Invest Market Chat 2011
Financials
Bursa Malaysia- RHB Invest Market Chat 2011
Oil and Gas
Bursa Malaysia- RHB Invest Market Chat 2011
Property
Bursa Malaysia- RHB Invest Market Chat 2011
High Yield
Bursa Malaysia- RHB Invest Market Chat 2011
Raw Materials
Bursa Malaysia- RHB Invest Market Chat 2011
Gloves
Bursa Malaysia- RHB Invest Market Chat 2011
Miscellaneous
Bursa Malaysia- RHB Invest Market Chat 2011
Q & A
Bursa Malaysia- RHB Invest Market Chat 2011
Presentation slides can be downloaded via:
www.chartnexus.com/marketchat2011
www.rhbinvest.com
Thank you !
In appreciation to :
Bursa Malaysia RHB Investment Bank Bhd
