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Bursa Malaysia Berhad (1818.KL) is trading at RM 7.72 after recent gains, with bullish momentum supported by positive sentiment, but overbought indicators such as Stochastic above 80 suggest the potential for a short-term pullback or sideways movement. While CGS International remains bullish with a RM 11.10 target, consensus estimates are more cautious at around RM 7.95, indicating limited near-term upside unless the price corrects to more attractive entry levels.
my 2cents says , if bursa monthly closed below 7.517...Thus 6.647 is likely coming ...Before that , Pullback first in weekly tf . Therefore next week Go Long ..
