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FBMKLCI – after the GE13…

Aftermath of Malaysia’s election, intermediately the day after, FBMKLCI formed a very high volume shooting star. Over the past 2 weeks after the elections, FBMKLCI has been trading within the shooting star. On Wednesday, it formed a bearish engulfing and Thurs confirmed the bearish engulfing candle. Which means caution on the long position is needed and do protect your position by setting a trailing stop.
 photo FBMKLCI_zpse99e733c.png

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