Malaysia Stock Market a Dead Market in Year 2012?

Ever since the news of the launch of Quantitative Easing 3 the global equity market  have been loosing its steam instead of seeing another hyper market rally. Investors can be seen having doubts and worries with all the current headlines news that we do not need to mention it again. 

With our focus on the South East Asia region and the recent linkage of ‘The ASEAN Trading Link’ between Malaysia Stock Exchange and Singapore Stock Exchange, we have however seen not much of an impact towards the market. With the global economic bad news that have been haunting investors for the past 9 months, and election around the world is drawing nearer, and whatever worries that every investor have in their mind, the question still boils down to

“What stocks are you holding in your portfolio for the past 9 months?”

Malaysia Year 2012 Stock Market Performance

*Based on our Long Term Trend Analysis, the Malaysia FBMKLCI have been through 5 months of sideways trend ever since the Bearish Downtrend Formation was formed in August 2011. When we begin our Year 2012 we have seen our Malaysia FBMKLCI formed a Bullish Uptrend Formation and our market have been moving in an uptrend formation, breaking historical high of 1655 points in the month of August 2012 until the recent market correction.

With this Bullish Uptrend Formation that have been running for the past 9 months, making it feel good that every listed stocks in the Malaysia Stock Exchange will definitely perform as well as the FBMKLCI like what every investor expect.

Let us take a look at a few of the Darling Stocks that majority of the investors tend to hold in their portfolio in Year 2012.

Stocks that dive like a bear

GENTING: Since the month of May 2012 we have seen a Bearish Downtrend Formation was formed and the price of GENTING have been trading downtrend reaching a important support now. Failure to support at this level will bring GENTING price for a further discount in the long run.

UEMLAND: Since Year 2011 we have seen a Bearish Downtrend Formation. The price of UEMLAND have been trading downtrend since Year 2011 and now reaching its important support level. Failure to support at that level will bring UEMLAND price further south.

AIRASIA: Whatever fundamental or insider news that you know, just remember that what goes up must come down! AIRASIA Bullish Uptrend Formation was formed back in Year 2010 and have been on an uptrend for almost 3 years. In the month of September 2012 we can see AIRASIA has form a Bearish Downtrend Formation bringing its share price downwards to a important support now. Failure to support at that price level will bring AIRASIA for further discount.

MHB: Since Year 2011 we have seen a Bearish Downtrend Formation formed. It has been trading downtrend till today.

Blue Chip Stocks have not been a favorable pick for us yet since early 2012 due to the market risk factor. Unless we are talking about the higher class of Blue Chip Stocks which is the Consumer Sector that we dubbed them as the “So called safe heaven in Malaysia”.  Apart from that investors have been facing difficulties in making a profitable investment in the equity market. Up to date we are still focusing in the Small Caps Stocks spotting for a good Bullish Uptrend Formation supported with good fundamental for a little.

Stocks that fly like a bull

PADINI: A Bullish Uptrend Formation formed in early March 2012. PADINI price reach to the highest of RM2.40 in August. Resistant set at RM2.40. Breaking above that resistant will bring PADINI price to trend higher.

GTRONIC: Bullish Uptrend Formation formed in early March. Trend to the highest price at RM1.65 in August. Resistant at RM1.65. Breaking above this resistant will bring GTRONIC price to trend higher.

ZHULIAN: Bullish Uptrend Formation formed in early February. Trend to its highest price at RM2.55. Resistant at RM2.55. Breaking above that resistant will bring ZHULIAN price to trend higher.

JOHOTIN: Bullish Uptrend Formation formed in early March. Trend to its highest price at RM2.25 in September. Resistant at RM2.25. Breaking above that resistant will bring JOHOTIN price to trend higher.

KSK: Bullish Uptrend Formation formed in August 2011. Trend to its highest at RM0.70. Resistant at RM0.70. Breaking above that resistant will bring KSK price to trend higher.

KSL: Bearish Downtrend Formation formed in Year 2011. Will this property stock able to form a Bullish Uptrend Formation soon?????

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