Biz Direct MarketKnowing When To Make A Good Decision

The strategy for this trade was discussed last week. The objective is to capture the momentum of an excited crowd and trade its continuation overnight and into the next day. The strategy recognizes that it is unlikely that we will identify a gap trade before it happens. It is also unlikely that we will be able to buy stock at the opening gap price. Instead the trader waits for gap confirmation,

Selected blue chips rally continue to push the FBMKLCI to a new year high last month. The benchmark index was able to test the 1,200 points resistance level while other regional markets have not yet created a new year high. The optimism in the market was generally led by news reporting increasing business activities and continuous improvement in the local and global economy. The FBMKLI closed at