![](/files/my/blog/img/bl3939_cpo020819.png)
2/8/2019
*FCPO Oct 19*
Previous Close: 2064 -6
FCPO was mostly unchanged yesterday while Dalian palm olein is higher this morning, FCPO may continue to test rebound.
Hourly chart remained in rebound stage but RSI in overbought, be cautious of potential technical correction in short term.
*Classic Support & Resistance*
Resistance: 2115 2240
Support: 1960 1910
*Recommend Trading Plan for the day:*
1. Buy 2076, stop 2068, profit 2084/2092/2100
2. Sell 2048 for technical correction, stop 2056, profit 2040/2032/2024
*FCPO Margin Requirement*
Overnight MYR 3000
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DickyMe
Investors are not interested in investing in KLSE. The political situation is hazy, flip flopping policies, religious and moral extremism impeding peoples' privacy. To make matters worse we have a very old PM and the succession plan is trouble waters. Who the hell will invest Billions in a troubled country without any clear direction? Only peoples' tax money and savings are pumped to make it appear that all is well.
2019-08-02 10:32