Zezu_Zaza

KLCI Heading To 1405.37 Before Trump| 15th April 2020

Long
FTSEMYX:FBMKLCI   FTSE Bursa Malaysia KLCI Index
Looking to the price daily chart, the price is about to breakout the 1370.00 which is the key before the price going to 1400.00. I am holding the buying position today as the price of value RSI showing up before the previous value. The confirmation also has been develop after the candlestick eating all the price previous day.

Ringgit has strengten against the dollar this week. You might want to see those article as per below if you haven't read so.
https://www.thestar.com.my/business/business-news/2020/04/12/ringgit-to-strengthen-against-us-this-week

I am closely watching and monitor the trump administration. The trump statement made on the 'shortly' is very dangerous to the KLCI. After the news that he only know when is the time to re-open the US economy, perhaps not now the KLCI is in safe mode to 1405.37 if the G7 meeting is not in favour. I am targeting the KLCI to 1405.37 before close the target profit.

https://www.marketwatch.com/story/trump-says-he-and-governors-will-shortly-make-decision-on-re-opening-states-2020-04-13

https://www.cnbc.com/2020/04/13/trump-falsely-claims-authority-to-open-up-states-after-coronavirus.html

For malaysian traders, I want you guys to read all these article that i have provided. Please subscribe to my telegram if you wish to trade with me or asking me a question regarding the trading. I know many of malaysian traders need help towards the trading. Please contact me if you need answer to your trading. I am opening a study group to regroup company of traders around the malaysia. I also do coaching if you guys seriously want to be a serious traders for full time or part time trading job aspect. Invest at the knowledge first before you make investment towards the trading before you loss money on your pension money or business money. Trading is a serious things and not can be played by gambling. Invest in knowledge first so that you can make a living forever and trade with confident so that you can see your bigger picture of the trade.

Thank you.

Regards,
Zezu Zaza
2048

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