-generally a quiet day after the gap-up. SO gains provided the incentives for opening gap up. Apr10 mostly stuck near 2550. Occasionally, trying for 2550-2600 band but did not come close amid profit take with 5-day winning streak near RM120. Just matching SO gains today. -generally, the mkt internal momentum probably reaches its "intended' target, around 2550++. Therefore, a slight pullback can be expected first, but 2500 looks secure as support now. To see 2600, this time it needs externals to initiate the move.
-below 2550 is dwward-bias targeting 7 SMA support.
No comments:
Post a Comment