FBMKLCI - Projection

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Although current Malaysian market condition is still in bearish trend, FBMKLCI indices is expected to be positive this month due to the government stimulate package introduced for this couple of month including another package which is expected to be introduced in May 2020.
There is higher probability for the indices to break nearest resistance this month and accumulate momentum for the following phase provided Malaysia able to win the battle over CORONA-19 virus this month and economy is starting to normalized next moth.

Penafian

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