KLSE is forming INVERSE CUP AND HANDLE PATTERN on daily chart. It may break resistance level 1420 in this week. It may go upto 1430 in this week. On the daily chart KLSE is in down trend. Primary trend is down trend and secondary trend is down trend. RELATIVE STRENGTH INDEX is 33. There is resistance level at 1420. This level 1420 may break in this week. If it is break this level then it can go more upside. The FBM KLCI rebounded today, snapping a four-day losing streak buoyed by bargain hunting for selected heavyweights. At 5 pm, The FBM-KLCI was at 1,402.98 up 0.50 of a point after moving between its intraday high of 1,405.45 and low of 1,397.98. For the week, the benchmark index lost 25.56 points, or 1.8%. There were 403 gainers, 433 losers and 398 counters traded unchanged on the Bursa Malaysia. Turnover was at 2.44 billion shares valued at RM2.28bil. Technology and semiconductor-related stocks are among the top gainers on Bursa Malaysia.
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