Market Trend with Technical Analysis Mr. Joseph Chai ...€¦ · 12/03/2011  · Bursa Malaysia-RHB...

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Bursa Malaysia- RHB Invest Market Chat 2011

Market Trend with Technical Analysis Mr. Joseph Chai, ChartNexus

12-MARCH 2011 Vistana Hotel, Kuantan

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Bursa Malaysia- RHB Invest Market Chat 2011

Disclaimer

� The following contents are to be taken for educational purpose only.

� This is not an advisory service or market prediction. Trading is a risky activity. Please check with your authorised broker for advice.

Bursa Malaysia- RHB Invest Market Chat 2011

Presentation slides can be downloaded via:

www.chartnexus.com/marketchat2011

Announcement

Bursa Malaysia- RHB Invest Market Chat 2011

1. Introduction

2. KLCI and US dollar Index study

3. Past 2010 winners

4. Sector study

5. Q and A

Agenda:

Bursa Malaysia- RHB Invest Market Chat 2011

KLCI Index - - > weekly trend

Bursa Malaysia- RHB Invest Market Chat 2011

KLCI Index - - > Daily Chart

Short-term, KLCI shows weakness

MACD trends bearishness

Bursa Malaysia- RHB Invest Market Chat 2011

KLCI Index - - > Daily Chart

Bursa Malaysia- RHB Invest Market Chat 2011

KLCI Component stocks

� CIMB

� Maybank

� SIME

Conclusion : Banks are under corrections.

They must first stabilized and shows higher HIGHs

Bursa Malaysia- RHB Invest Market Chat 2011

US Dollar Index

Bursa Malaysia- RHB Invest Market Chat 2011

US Dollar Index

� US dollar are trending lower

� Stronger Ringgit will helps importers and companies with US dollars loans

Bursa Malaysia- RHB Invest Market Chat 2011

Past 2010 winners

� keuro, airasia, uemland

What are their characteristics?

� sideway

� breakup long term resistance

� key reversal day (KRD)

� higher volumes

Bursa Malaysia- RHB Invest Market Chat 2011

Suggestion :

� It is either go for leader stockskeep going highere.g. Hap Seng, HWGB

� or go for laggard stockswaiting for key reveral daye.g. KNM

Bursa Malaysia- RHB Invest Market Chat 2011

Sector Study

Bursa Malaysia- RHB Invest Market Chat 2011

Financials

Bursa Malaysia- RHB Invest Market Chat 2011

Oil and Gas

Bursa Malaysia- RHB Invest Market Chat 2011

Property

Bursa Malaysia- RHB Invest Market Chat 2011

High Yield

Bursa Malaysia- RHB Invest Market Chat 2011

Raw Materials

Bursa Malaysia- RHB Invest Market Chat 2011

Gloves

Bursa Malaysia- RHB Invest Market Chat 2011

Miscellaneous

Bursa Malaysia- RHB Invest Market Chat 2011

Q & A

Bursa Malaysia- RHB Invest Market Chat 2011

Presentation slides can be downloaded via:

www.chartnexus.com/marketchat2011

www.rhbinvest.com

Thank you !

In appreciation to :

Bursa Malaysia RHB Investment Bank Bhd