2. Technical analysis refers to the study of various forces at work in the stock market. Technical trading rules based on historical prices and volume are the main content of the study. The rationale behind technical analysis is in sharp contrast with the efficient market theory which contends that past performance has no impact on the future performance of share prices. Technical analysis also differs from fundamental analysis which involves making investment decisions based on the study of international economy, the national economy, the industry sector and the company financial statements plus other qualitative factors such as the market share analysis. To answer the next questions, you are required to access Kuala Lumpur Composite Index (KLCI) chart using the link given; https://m.malaysiastock.biz/Stock-Chart.aspx?securitycode=02001&mode =1D 175.000 PEMKLC-T BURSA - 0152 153 152 SEC127.800-18.00) 1675.000 T 25 > 1900 5 05 163 05 2011 2022 105 m S 17:24:53 UTC You are required to; a. Analyse the technical chart of KLCI current chart and identify the formation of chart pattern as follow. | i Head and shoulder (1.5 marks) Page 8 of 9 BFP3103 INVESTMENT PLANNING AND ANALYSIS / FE / S01 ii Inversed Head and shoulder (1.5 marks) Double or Triple Top (1.5 marks) iv Double or Triple Bottom (1.5 marks) V Uptrend with Trendline (1.5 marks) vi Downtrend with Trendline (1.5 marks) vii Rally Base Rally (RBR) (1.5 marks) viii Drop Base Drop (DBD) (1.5 marks) ix Support Become Resistance (SBR) (1.5 marks) X Resistance Become Support (RBS) (1.5 marks) b. Predict and justify the potential future direction of the KLCI chart from the technical analysis that you have done (from i to x). (You may use the template arrows icon from the indicators' drop-list.) (5 marks) (Total: 20 marks) 2. Technical analysis refers to the study of various forces at work in the stock market. Technical trading rules based on historical prices and volume are the main content of the study. The rationale behind technical analysis is in sharp contrast with the efficient market theory which contends that past performance has no impact on the future performance of share prices. Technical analysis also differs from fundamental analysis which involves making investment decisions based on the study of international economy, the national economy, the industry sector and the company financial statements plus other qualitative factors such as the market share analysis. To answer the next questions, you are required to access Kuala Lumpur Composite Index (KLCI) chart using the link given; https://m.malaysiastock.biz/Stock-Chart.aspx?securitycode=02001&mode =1D 175.000 PEMKLC-T BURSA - 0152 153 152 SEC127.800-18.00) 1675.000 T 25 > 1900 5 05 163 05 2011 2022 105 m S 17:24:53 UTC You are required to; a. Analyse the technical chart of KLCI current chart and identify the formation of chart pattern as follow. | i Head and shoulder (1.5 marks) Page 8 of 9 BFP3103 INVESTMENT PLANNING AND ANALYSIS / FE / S01 ii Inversed Head and shoulder (1.5 marks) Double or Triple Top (1.5 marks) iv Double or Triple Bottom (1.5 marks) V Uptrend with Trendline (1.5 marks) vi Downtrend with Trendline (1.5 marks) vii Rally Base Rally (RBR) (1.5 marks) viii Drop Base Drop (DBD) (1.5 marks) ix Support Become Resistance (SBR) (1.5 marks) X Resistance Become Support (RBS) (1.5 marks) b. Predict and justify the potential future direction of the KLCI chart from the technical analysis that you have done (from i to x). (You may use the template arrows icon from the indicators' drop-list.) (5 marks) (Total: 20 marks)