1 Sep 2023 BMD

 LOCAL MARKET

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FKLI

FBM KLCI was flat after shedding 2.50 points or 0.17% to 1451.94 points. Following this week’s rebound, the FBM KLCI could take a breather below the resistance of 1465 points which has been capping the index since July.

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Plan A : Consider long if the market stays above 1435. Targets are 1443 and 1454.

Plan B : Attempt short if the market stays below 1435. Targets are 1424 and 1417

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that investment.