FCPO Updates
Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 19/12/2018 - Break out from sideway, formed bullish signal
InvestorsDoctor
Publish date: Wed, 19 Dec 2018, 09:40 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/
19/12/2018
*FCPO Mar 19*
Previous Close: 2122 +31
FCPO rose more than 1% yesterday, hit more than 1 month high as tracking gains in related edible oils and supported by prospects for an easing of production. Dalian palm olein continue to rebound this morning despite US soyoil slightly lower as pressured by lower crude oil price, FCPO may test rebound 1st.
Hourly chart showed a breakout from sideway, bullish signal, required more higher highs & lows to confirm the rebound signal.
*Classic Support & Resistance*
Resistance: 2190 2291
Support: 2069 2015
*Recommend Trading Plan for the day:*
1. Buy 2159, stop 2152, profit 2166/2173/2180/2187.
*FCPO Margin Requirement*
Overnight MYR 4500
Spread MYR 1200
Disclaimer: Idea sharing only, trade at your own risk.
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE videos !!!
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
Join our other channels to find out more about futures trading !!!
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link:
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
Apps
Top Articles
1
https://dividendguy67.blogspot.com
3
4
Good Articles to Share
Could Kamala Harris beat Donald Trump in November's presidential race?
5
Good Articles to Share
Iranian warship capsizes during repairs in port of Bandar Abbas
6
Good Articles to Share
7
Good Articles to Share
Jonathan Turley unveils exciting new book 'Free Speech in the Age of Rage'
8
Good Articles to Share
Why Impossible Foods signed hot dog-eating legend Joey Chestnut #yahoofinance #youtubeshorts
#
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
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
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....
