FGV trade ideas
Weekly ideaJust my small idea on FGV. Targeted for a LONG in monthly projection. Wait for confirmation in marked zone before entry.
FGV maybe will decline to go more lowerFGV maybe will be going down to 0.96 or 0.885...in here maybe will have a good setup to buy
FGV VCP SetupFGV developing VCP with 2 contraction. Price and volume interaction looks good!
C1: -17%
C2: -4%
Price breakout on 5 April. Let's see if will further attack!
Disclaimer:
Not a buy call recommendation, just technical analysis sharing based on chart pattern and trend. Trade at your own risk.
VCP SETUP FGVIncreasing in 2 consecutive YOY and QOQ sales and profit.Chart forming VCP setup.However still need confirmation.Wait till price break and close above the horizontal line in high volume.
FGD: Volatility contracting for past 2 years - time for breakoutVolatility contracting for 2 years
Some backstory:
- US CBP ban FGV late 2020 for labor issues (as well as SIMEPLT, TOP GLOV, SUPERMX, YTY)
- Today Feb 2022, CBP held a unusual press conference with Malaysian reporters hailing positive impact of the bans and basically provide a positive spin: www.malaymail.com
FGV TECHNICAL ANALYSISTechnical analysis for FGV Stock based on Trend Analysis, Chart Pattern and VPA
FGVTrading idea
trade using support and resistance
plus market structure
just simple idea
if failed to follow the trend, just protect your capital
no hope
happy trading gais
FGVEntry Point support 1.42
Profit Target min 1.50
Stop Loss 1.405
#JerungDetector #DeepagiScreener #TAYOR
FGV -Trending ideas update!Note.
- I found a positive rally on this counter. This week FGV has accomplish some bullishness in price action. Here below my trading ideas
Idea's as below.
Trade Plan_FGV
A. Timeframe: Swing trade/ Position
B. Chart: 15M -1H
C. Risk: MYR 5k - 10K
D. Market Condition: Trending Sideways
E. Performance: +ve% over 1W, 1M, 3M, YTD
F. Technical Indicator: Buy
G. Dividend Yield: 2.31%
H. Shares Float: 259M over 4.4B
I. Entries: Pullback correction mode
J. Stop S-02, S-03
K. Intraday: EP 1.6, TP 1.635 (+2%). SL (-1%)
L. 52Week Hi: 1.67
M. Initial Target: 1.70
STRONG BEARISH MOVEMENTThere's no sign to entry for this counter as the price still in channel and no bullish momentum at all. Perhaps we could see some positive sign for a few months ahead.
TAYOR untk felda !Felda ada catalyst pembelian dari pelabur tempatan.
Adakah FGV akan terus melonjak ?
#TAYOR
Potential Buy ?Uptrend Mode !!!
Cycle 89 ✅
Wait For Buy Setup Non Confirm Or Just Partial Entry
#Arrow_Trader⚔️
#Classical_Analysis ⚒
Comment For More Detail 💰
POTENTIAL DOWNSIDEPrice might be reach to the next monthly resistance line. Besides that, the chart pattern in the making of potential rising wedge which is one of the bearish signal to take a look. In addition, long term trend still downtrend and the price compressing to reach supply zone around RM1.30. Let's see how the price react with this analysis.
FGV - Monitor Plantation SectorFCPO up 4.4%
Plantation sector among strongest last week. Weekly candle closes hammer.
FGV near support
Uptrend and Bullish
ATOM still neutral
FiFT +ve
Need to close above 1.07 to advance.
Some movement seen in RSAWIT and JTIASA too
Monitor
FGV 21/06/2020 *21st June Technical Idea*
FGV HOLDING BERHAD (Stock code: 5222)
We see that FGV had complete it impulse waive (1 2 3 4 5) and correction waive (A B C).
Base on fundamental study we think that higher CPO price will benefit the company.
if CPO price can maintain at this level RM 2400 and go higher, we will bullish share price traded above 1.06 (long bias)
if CPO price cannot maintain and go lover, we will assume share price may trade below 0.970 and will find it support at 0.920.
Risk: Moderate Risk
TP1: RM1.170
TP2: RM1.260
SL1: RM0.970
SL2: RM0.865
Risk Return Ratio:2.22x
Strategy:
1) suggest to wait confirmation when share price close above 1.060.
2) Value investor may accumulate at every new low prices or demand zone as long as fundamental remain.
FGV (Teknik Tomato)Kemanakah hala tuju FGV? Candle heikin ashi agak kurang memberansangkan.
*Perkongsian hanya tujuan belajar.
FGV - Possbile Lower TF accumulation before marking up HI,
FGV has been on major uptrend on daily time frame, and now has retraced back to the Resistance-turned-Support line A .
On this H1 timeframe, we can see that each successive downmove towards line A had resulted in lower Weiss volume wave (red arrows on Weiss Indicator), while each successive upmove has higher Weiss volume waves (blue arrows). This may indicate Buyer overcoming Seller at this level , thus price may continue to move higher.
I'm looking forward for price to rise till the previous major high on daily time frame.
Trade at your own risk.
Tq
