14/11/2019
*FCPO Jan 20*
Previous Close: 2586 -18
FCPO slipped for 2nd day on profit taking. Dalian palm olein fell more than 2%, expect FCPO to gap down and test technical correction.
Hourly chart formed higher highs & lows, more to bullish, but be cautious of potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 2650 2720
Support: 2500 2440
*Recommend Trading Plan for the day:*
1. Sell 2576, stop 2584, profit 2568/2560/2552
*FCPO Margin Requirement*
Overnight MYR 3000
Disclaimer: For idea sharing only, trade at your own risk
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