FCPO Updates
25 Oct - FCPO in Rebound, Price 1.618% 2804
InvestorsDoctor
Publish date: Wed, 25 Oct 2017, 09:47 AM
InvestorsDoctor
0 1,969
To get more timely information on local and foreign futures markets, join us on telegram and Facebook.
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
25/10/2017
FCPO Jan 18
Yesterday Close: 2777 -10
FCPO closed slightly lower yesterday after retrace from a high of 2808. With higher high & low yesterday, overall trend still in rebound stage. Soyoil not much changes yesterday, while Dalian palm olein gainED more than 0.4% this morning, FCPO may test yesterday higher price. Watch out for coming export/production data.
Based on hourly chart Fibo analysis, as mentioned yesterday, price retraced from outside of upper BB and RSI overbought zone, which is also 161.8% of Fibo level. Technical indicators still trending upward.
Price Level to monitor today:
Resistance 2808 2830
Support 2770 2740
Recommend Trading Plan for Today:
1. Buy 2782, stop 2770, profit 2794/2804
2. Sell 2770, stop 2782, profit 2758/2748
Margin requirement (per lot)
Intraday RM 2500
Overnight RM 5000
Spread RM 1000
To get more information on local and foreign futures markets, join us on telegram & Facebook.
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
More articles on FCPO Updates
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
Axcapital's investment blog
KAB - Executing its way to a record quarter. Could more Petronas contracts be coming?
3
4
Koon Yew Yin's Blog
6
BFM Podcast
7
Koon Yew Yin's Blog
CPO price is rising rapidly as shown by chart below - Koon Yew Yin
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
