Bansai CIMB!..strong from onset, +4 fbm point, helps to lift mkt Top-30 sentiment despite unfavorable external condition. Selling more intense in PM when HS.SH take a dive amid weak commodity prices and worries over China R% hike this weekend. However, fbmfkli finds strong support at 1505+ before a late comeback towards 1510 again
Fbm seems ready to tackle year top resistance after 2-day of consolidation mode. Maybe next week…..a breakout above the red-line resistance for year end rush. 1520-30 looks like the final target for 2010, if mkt sustain above 1500 this week.
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