FGV DAYTRADINGMy 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!
Felda
FGV FELDA Strong Buy To RM1.025 and RM1.333| 15th Apr 20The 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 up above RM1.025 as the chart tells us on the weekly started to give a very very good signal and we stumbled upon it at the right time. The grape has ripe.
With their new CEO of Haris Fadzilah bin Hassan, I believe the stock can make a comeback by this year 2020. I heard some say that India will not buy our palm oil and they will buy from Indonesia. Whether it is true or not, let it be. We can sell our palm oil to other side of market despite India is the biggest buyer palm oil at Malaysia. The demand for FGV stock has now being in the good potential result after several years the stock has been compromised within the Malaysian political economy. The demand of the palm oil now is being in the topic and people around the world will looking towards our the best quality product of palm oil.
Regards,
Zezu Zaza
2048
FGV - Forging Technical Rebound?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.
