![](/files/my/blog/img/bl3939_cpo261119.png)
26/11/2019
FCPO Feb 20
Previous Close: 2733 -15
FCPO took some profit yesterday but still manage to hold above 2 year high. Dalian palm olein drop nearly 2% this morning, FCPO may gap down and test support.
Hourly chart formed higher highs & lows, more to bullish, but be cautious as RSI in overbought.
Classic Support & Resistance
Resistance: 2800 2900
Support: 2650 2560
Recommend Trading Plan for the day:
1. Sell 2724, stop 2732, profit 2716/2708/2700
2. Look for buy signal above 2760
FCPO Margin Requirement
Overnight MYR 3000
Disclaimer: For idea sharing only, trade at your own risk
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