Malaysian CPO is still in Uptrend to MYR2,850

Malaysian CPO is in Uptrend after broke Resistance at MYR2,300 on Oct'19. It almost reaches the closest target at MYR2,700 but there is a fair chance it soon falls as Technical Correction.

The Technical Correction that might occur to at least to MYR2,400 - MYR2,500. Any movement beyond MYR2,400 should be suspect at the end of Uptrend.

Since Malaysian CPO is currently in the Uptrend phase, it could touch Resistance at MYR2,850 and even MYR3,200.

Trade closed: target reached