Still looking for the base to rebound. Will be a good ride soon. Monitor the potential symbols. Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits...
This is my prediction for BURSA PLANTATION . I may be 100% wrong but if it goes right then its only coincidence. Possible places to monitor is @Fib 0.382- soon then it will rebound from there to make Impulsive wave 5.
Sektor plantation dilihat membuat kenaikkan yang sangat baik. Plantation menaik disebabkan harga fcpo meningkat
MYX:PLANTATION Uptrend if next trading day Breakout again than nice.....
Today not just "The Sun Calendar" is all 22 BUT Lunar calendar day also 22) = - The Practice of Chinese Core Five Elements Concepts for picking up Cyclical stocks ? Showing here is Malaysia Plantation Index ( Mainly Palm Oil Plantation ) .. It seem like The Index showing "up trend" when entering "Water Element" months of Lunar Calendar? Why?! Water...
Plantation, look like not bad as the index has been support for past 3 weeks. Final confirmation if it can go up 7248, then we can look into it again.
Seriously we have to say good bye to this sector first. Fall off both important line. Expecting not looking good.
Side trending now. Price above 7376 is still good but need to break the box for new wave up.
Price rebound back last Friday meaning the uptrend is valid. Momentum regain.
After found the support, now the index start to going up. The catalyst is still the high CPO price.
- price retest RBS. - boleh monitor if break R1. **Penafian: Kajian hanya untuk tujuan pembelajaran sahaje. Tiada " Buy Call" diberikan
Minggu ini indek ini masih berlegar sekitar 7039 mata dan mencari arah untuk naik. Tiada petunjuk baru untuk dia naik. Masih lagi dalam rintangan 7196.56 dan sokongan 6953.35. Saham yang aktif pada hujung minggu adalah RSAWIT, FGV, TSH,JTIASA dan TDM. Sekian.
TP 1 - 7,380 NOTE - MONSUN MEI - SEPTEMBER - OVERSUPPLY STOCK PILE / FFB - SEPTEMBER - INDIA RENEW CONTRACT
Amid CPO price strength, plantation index led by FGV