FBM Small Cap Index is the right way to look at Malaysia Stock
FBM Small Cap Index is one of the best index to track if you are following Malaysia stock market
As it represent more stock compare to FBM KLCI therefore the accuracy will be higher
Therefore we highly encourage traders to trade based Small Cap Index instead of KLCI as it provide more accuracy
In the chart we can see that the index is having very good uptrend as it is forming higher high and higher low
Hence we could try to accumulate good stocks on retracement with buy in signal such as hammer or bullish engulfing
Try to take profit on selling signal such as shooting star or bearish engulfing.
As it represent more stock compare to FBM KLCI therefore the accuracy will be higher
Therefore we highly encourage traders to trade based Small Cap Index instead of KLCI as it provide more accuracy
In the chart we can see that the index is having very good uptrend as it is forming higher high and higher low
Hence we could try to accumulate good stocks on retracement with buy in signal such as hammer or bullish engulfing
Try to take profit on selling signal such as shooting star or bearish engulfing.