June 2013 was a quiet month in Bursa Malaysia as we’ve seen majority of the listed stocks entered into a healthy correction mode (not a crash mode). Despite worrying too much about the U.S Tapering news, the credit crunch in China, wondering when will KLCI go for a crash or go for a rally, and any other news out there its all just ‘market noises’. Let’s get worried about our own portfolio of stocks rather worrying too much about the world. Malaysia FBMSMALLCAPS Index showing continuation of uptrend rally for this week since its Uptrend formation is earlier this year. Shall it penetrate above the resistant level will bring it to new highs. So do you have your small caps darlings in your portfolio yet?
Malaysia Properties Sector, one of our darling sector since early this year too shows a continuation of uptrend rally for this week. Shall it penetrate above its resistant level it will go to new highs. So do you have your darlings of properties stocks listed in your portfolio yet?
Below are just some of the properties stocks with a strong continuation uptrend rally. Riding on a sector/stock in an uptrend direction will always be well rewarded compared to betting on a current downtrend sector/stock to go for a rally. Ride on the trend!
(Founder Trend Traders Network, Private Equity Trader, Financial Speaker)