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FBM KLCI Weekly Chart

fbm klci chart analysis above: FBM KLCI Weekly Chart

 

The FBM KLCI ended higher but faced with mild resistance around the EMA20 level (1,620). The MACD Indicator, however has given a “Buy” signal, while the RSI has crossed above 30.

 

The FBM KLCI may be due for a profit taking activities as it approaches the 1,660 level. Support will be set around 1,580.

 

by Malacca Securities Sdn Bhd