FCPO Updates
Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 21/11/2019 - Testing 2700 level, bullish as supported by positive supply & demand outlook
InvestorsDoctor
Publish date: Thu, 21 Nov 2019, 09:46 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/
21/11/2019
*FCPO Feb 20*
Previous Close: 2685 +63
FCPO closed at 2 year high as tracking stronger related edible oils and boosted by bullish CPO supply & demand outlook. Dalian palm olein up near 1% this morning, expect FCPO to test resistance.
4H chart formed higher highs & lows, more to bullish, but be cautious of potential bearish divergence.
*Classic Support & Resistance*
Resistance: 2800 2850
Support: 2560 2500
*Recommend Trading Plan for the day:*
1. Buy 2700, stop 2692, profit 2708/2716/2724
*FCPO Margin Requirement*
Overnight MYR 3000
Disclaimer: For idea sharing only, trade at your own risk
JOIN US to discover more about FUTURES TRADING !!!
YouTube link:
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link:
https://www.facebook.com/investorsdoctoracademy
Whatsapp link:
https://api.whatsapp.com/send?phone=601153537589
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
6
Good Articles to Share
Iranian warship capsizes during repairs in port of Bandar Abbas
7
Good Articles to Share
Why Impossible Foods signed hot dog-eating legend Joey Chestnut #yahoofinance #youtubeshorts
8
Good Articles to Share
Jonathan Turley unveils exciting new book 'Free Speech in the Age of Rage'
#
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....
