Global Stock Market in Weak Condition

Currently all world stock markets in weak condition. It is hard to find out a good stock which normally trading above 200 days MA. Even my stock pick not base on more 200 days MA, it is dangerous to continue trade stock during this situation except you are totally full time trader and very expert. I will stay aside line and no trade for me. You? For current situation I just monitor the market and will post some analysis for you. I am still new in stock trading therefore I have to work hard to continuously make my analysis and learn a lot during this world economy crisis. Continue enjoy this reading! I will update soon. Thanks.

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Pos Malaysia Berhad Current Support

Pos Malaysia Berhad currently traded in downtrend line. Take a breath a the 161.8% Fibonacci line and continue to south direction. RSI-14 days already in oversold area. Anyway, current support is RM2.10. See chart below;

Happy trading!

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