The Malaysia FCPO (Futures Crude Palm Oil)
Since Year 2011 the Malaysia FCPO has entered into a bearish long term downtrend. Today we can see a familiar chart pattern which is the ‘Inverted Head & Shoulder’ pattern on FCPO daily chart analysis. Over the past months the FCPO always failed to breach above its resistant level at around 2,485. With its Monthly Chart MACD (Moving Average Convergence Divergence) turning bullish, we will highly see the Malaysia FCPO breaching above its resistant level to spark off a rally. So good news to the futures traders!
Plantation Stock to Watch: FGV (5222)
Malaysia FBMSCAP (Small Caps Index)
We are in a scenario where by ‘small fishes are eating big fishes’. FBMSCAP (Small Caps) stocks are still in our focus as more upside play will be seen on this sector. FBMSCAP currently facing its resistant. Shall it breach new highs we will see more small caps stocks on an active rally. What are your chosen small caps stocks?
FBMSCAP Stock to Watch: CYPARK (5184)
Malaysia Properties Index
After 5 months of price correction seen we can finally see majority of the property stocks making a comeback to resume their uptrend rally. We will possibly see the leaders of this sector leading the index to a new high in the coming months. Despite the on going news that could haunt the property market in Malaysia, what are the chosen property stocks in your portfolio?
Malaysia Property Stock to Watch: MALTON (6181)
William Au
(Position Equity Trend Trader. Financial Speaker)