Technical analysis for FGV Stock based on Trend Analysis, Chart Pattern and VPA
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.
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...
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.
The most controversy stock in Malaysia which is Malaysian-based global agricultural and agri-commodities company. With operations worldwide, FGV produces oil palm and rubber plantation products, soybean and canola products, oleochemicals and sugar products. Trending the price at RM0.87 as this article published. As I made an analysis, I believe the price can go...
FGV - Bullish candlestick formation, emerged from middle BB with the surging of RSI, MACD will propel the stock higher.
Too big to fail. New PH government will use this company to prove their ability to recover Malaysia GLC and economy. Buy at your own risk. let's profit/loss together.
Laburlah Technical Coverage (27-APR, Friday): FGV Technical Analysis Breakdown 1. Trend: Bearish 2. RSI & Stochastic: Bearish 3. MACD: Bearish 4. Resistance level: 1.82 - 1.85 5. Support level: 1.655 Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
Laburlah Technical Coverage (10-APR, Tuesday): FGV Technical Analysis Breakdown 1. Trend: Forging reversal 2. RSI: Bullish 3. MACD: Bullish crossover 4. Support level: 1.66 5. Resistance level: MA200 Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.