Market Outlook Date: 22/11/2020

  KLCI

KLCI after moving up steeply for 2 weeks, it finally retraced just for 2 days then close green again with bullish harami pattern.

Would this signal the end of retracement?

Overall, KLCI uptrend still intact. 

Support at 1590, 1560, 1520
Resistance at 1620, 1660, 1690

DJIA

Again! DJIA formed higher high with all time high record at 29,964.3.

Last 2 weeks gapped up space until now not yet cover back, DJIA quite bull as it didn't close back the gap within 3 to 5 days from the gap up.

DJIA started to retrace since Tuesday but seems to be found support around 29200.

DJIA uptrend still good to go as long don't break below the right most line.

Support at 29200, 28900, 28400
Resistance at 29900, 30300

Welcome to join our Free Public Telegram Channel for Free Stock Watchlist & News Update:

https://t.me/MasketeerTafaInvest

MTF VIP Member Service are available, subscribe US NOW!

👉Live Market Trading Signal

👉VIP Member Stock Watch List

👉VIP Member Stock Clinic

Let us handle the analysis parts and you just focus on the entry and exit parts.

PM US at:

Telegram: https://t.me/MTFinvest5291

Facebook: https://www.facebook.com/MasketeerTafaInvest

Disclaimer:

All posts and documents submitted by the Admin in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided by the Admin are solely for your consideration only and you should exercise your own judgement in forming your own investment decision(s). Please also be informed that all kind of investments have risks and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making any investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/shared/provided by members/followers/readers of this blog do not belong to Admin and we take no responsibility of such.