Market Watch : Hello Malaysian traders, hoping that everybody in good health. These company has a large of liquidity and a large cash flow. Since that the global chain market has been worsen due to pandemic.. the crude palm oil price also get infected. Since that the demand of crude oil is still there, these company still can survive. The case almost similar...
RSAWIT Rst: 0.25 Spp: 0.215 Highlighted earlier, Thursday frenzy among palm oil counters cannot last long as the break are emerged from very narrow BB. Dark cloud cover formation may risk pulling the stock back further.
This company has given me almost 100% return in Q4 2019 when the crude palm oil spike high. It has high correlation with CPO price so monitor closely as the CPO will directly impact their revenue. Now that the price of CPO lingers around the support at 2.2k, and the charts looks good to enter the buy position with observable resistance level. I kinda like...
Thank you for your continued support :) Strategy: Consolidation Breakout Strategy Bias: Bullish. Today RSAWIT broke out from the consolidation resistance 320 zone. Two days ago, recovery of plantation sector was already spotted and given the signal to all members in private group. Today members took profit during the big spike :) SWC expects the momentum...
Currently at the lower level of the price. Rebound area by looking on the KDJ Resistance: 0.37 Support : 0.305 trade at your own risk.
Thank you for your continued support :) Strategy: Pull Back Strategy Short term trade. Bias: Bullish. Retracement was observed on the pass 4 days. It then retraced and hit 0.375 before rebounded. Interestingly, 0.375 is the uptrend line support, as well as the fibonancci 0.618 support. It opened high at 0.395 today with increasing volume. The uptrend was...
-paras sokongan fibo 0.205 -bull momentum sedikit ada bila harga membuat tapak di 0.205 -TP 0.225, 0.24, 0.255 -CL 0.195
RSAWIT (High Risk) Trend: Bullish Rst: 0.20 Spp: 0.175/ 0.16 Support seems affirming at alongside MA200 (greenline in chart), with consistently healthy volume and bullish indicators. Likely to have further departure from MA200.
Sign of Strength in the chart: 1. Breakout with high volume 2. Pullback with narrow spread and low volume Send us your preference stock to review based on TradeVSA chart by comment at below. 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...