Bull Momentum Building.
Highlight - 3rd Aug Balance of Trade for Jun.
Emerging Market such as MARVEL (Argentina), BOVESPA (Brazil) & JSX COMP (Indonesia) are among the choices for investor to invest their funds this past week. & among the top gainer in those market are tech & telecom companies.
I wouldnt be surprise should Malaysia show a solid balance of trade report this early August, more investor will be pouring their fund in this undervalued market because of the general election & scandal.
Also look for solid report from DIGI, MAXIS & AXIATA which will carry on the bull momentum.
Technically,
it still is dime. but we can see bull momentum are building with its breakout above the 50ma.
There is also a visible double bottom. Should everything go as planned, we would have a classic head & shoulder reversal pattern.
Emerging Market such as MARVEL (Argentina), BOVESPA (Brazil) & JSX COMP (Indonesia) are among the choices for investor to invest their funds this past week. & among the top gainer in those market are tech & telecom companies.
I wouldnt be surprise should Malaysia show a solid balance of trade report this early August, more investor will be pouring their fund in this undervalued market because of the general election & scandal.
Also look for solid report from DIGI, MAXIS & AXIATA which will carry on the bull momentum.
Technically,
it still is dime. but we can see bull momentum are building with its breakout above the 50ma.
There is also a visible double bottom. Should everything go as planned, we would have a classic head & shoulder reversal pattern.
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