KLCI's RSI at 70 now ... we are going into overbought region, and need to check 1725 level as strong resistance(SELL level).
Telco overbought too .... do remember the time I liked whole telco-sector? Today, I dislike and SELL is the idea ... we only buy during FEAR and when these are not in favour.
Axiata ... can see the long white-candle for us to SELL ... if we have bought during oversold position? Now it is overbought ...
Digi : Back to RM5 ... buy when RSI below 30, sell when RSI above 70. get the idea?
Maxis : See ... let the chart speaks ..
We do not need more than 2 INDICATORS in our chart ... a single RSI or at times, MACD is good enough if we know how to use them.
Will rest earlier ... and wake up 5.30am ... to exercise.