Constructed and Written by Smartbiz
In MSCD, %K (Yellow) computed as +224.45 (-137.02), %D (Red) +129.90 (-52.76) and the Histogram +79.60 (+3.74).
After today’s trade, both indicators hooked down but the Histogram continued to print another longer bar in the positive area. Market sentiment took a breather but support remained strong as volume hiked to near 3 billion shares.
In MSCD, %K is still staying above its uptrend channel, the whole scenario depicts with optimism, meantime.
(Note: Explanation for Intra-Day MSO and MSCD are archived under "Labels" at the lower portion of the sidebar.)
4 comments:
The Malaysian stock market has finished higher now in back-to-back sessions, collecting almost 25 points or 1.6 percent in the process.
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