FCPO up 4.4% Plantation sector among strongest last week. Weekly candle closes hammer. FGV near support Uptrend and Bullish ATOM still neutral FiFT +ve Need to close above 1.07 to advance. Some movement seen in RSAWIT and JTIASA too Monitor
*21st June Technical Idea* FGV HOLDING BERHAD (Stock code: 5222) We see that FGV had complete it impulse waive (1 2 3 4 5) and correction waive (A B C). Base on fundamental study we think that higher CPO price will benefit the company. if CPO price can maintain at this level RM 2400 and go higher, we will bullish share price traded above 1.06 (long bias) if CPO...
Kemanakah hala tuju FGV? Candle heikin ashi agak kurang memberansangkan. *Perkongsian hanya tujuan belajar.
HI, FGV has been on major uptrend on daily time frame, and now has retraced back to the Resistance-turned-Support line A . On this H1 timeframe, we can see that each successive downmove towards line A had resulted in lower Weiss volume wave (red arrows on Weiss Indicator), while each successive upmove has higher Weiss volume waves (blue arrows). This may...
fgv 19/6/2020 overall the major uptrend line still holding now , just monitor for a flag breakout right here, higher low making here , with the uptrend of CPO price , it may breakout from this flag and going further up right here
My analysis,trading and entry is based on daytrading ONLY. I dont swing. My target TP would be around 1.160 and the position should be fill at least by monday morning. Good luck!
Looks like a promising rebounce with slight volume build up. If it manages to break through the SMA200 next resistance would be 1.18 - 1.12. The support at 1.02 also looks strong.
FCPO continue to advance towards 2400-2420 However, FGV is resting at strong support (Fibo level, EMA20/EMA50 and psychological resistance turned support at $1) Perhaps investor is waiting for FGV quarterly report which is about to due soon.
Strength in the chart: 1. Pullback 2. Near with accumulation 3. Green Pentagon in hourly chart Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
SENTIMENT 1. India resumes purchase of Malaysian palm oil - Share Price Drop 2. India Palm Oil Boycott Call PRODUCTION High Yield - Mac - Ogos Low Yield - Okt - Feb COVID -19 RALLY More Demanding on Cooking Oil
Earlier last month I shared on RSAWIT, one of my favorite counter that gave me 100% return last year. The fact that the plantation business are mostly depending on commodity price (in this case CPO), you can't deny to also look at how is the FCPO going now. The good thing at this point of time is that FCPO has already broke the downtrendline signalling for an...
+Weekly Chart Signalled Fast Turtle Buy +FiFT Turning from Bearish (Bearish) to Bullish RED (Bullish) with BUY on DIP signal. NOTE: Historical shows that on weekly chart , FGV will advance around 30-40% on average once FiFt turning from Bear(RED) to Bull (GREEN) with Fast Turtle BUY and BoD signal. Daily Chart +FGV managed to close gap and retrace. (Take...
MYX:FGV TP 1 - 1.150 TP 2 - 1.260 TP 3 - 1.590 CL - 0.715 Smart money buying increase...
FGV Rst: 1.03/ 1.12 Spp: 0.965 Bullish hammer emerged above upper BB with widening BB plus strong volume will propel the stock further. Immediate resistance at MA200.