KLCI: Testing the 1660 Resistance

After breaking above the downtrend line on the 28th of February, our local index has been rising steeply, breaking through several resistances. Despite seeing some weaknesses in the general market sentiment today, our index managed to move up and test the 1660 resistance. Moving on, if the index manage to break the 1660 resistance in the coming days, it should continue its uptrend and move up to test the 1680 resistance. Immediate support is at 1650.


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