Fkli higher on short covering and lack of sellers ahead of the weekend amid positive external . The market managed to finish the week on strong note despite early selling pressure. Now the mkt can refocus on 1300 instead on worrying of an immediate technical breakdown below the uptrend line next week. Positive but a bullish mkt yet without a closing above 1280. But the odds are getting better after today’s closing that saw the mkt rebounded from 7SMA support plus feel good Maxis factor next week. To the downside, a loss towards 60 is considered healthy.
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