Tuesday, March 22, 2011

Fkli wrap...RM at fresh high but fbm weak....

-profit taking mode despite strong external environment. Technical weakness under 1510 also adds pressure.

-RM hit fresh multi years high against the US$

-fkli mostly 1505-10 range b4 venturing towards 1500-05 range on selling after 5pm, mostly likely kwailow MOC selling

-a –ve day but rebound momentum remains intact. 1500-1520 still in play

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