FKLI will likely open a few points lower, for the first trade today, one can attempt to Short 0-2 points above the opening price. Try get 5-7 points profit and put a stop 5 points away from your entry point. Close your position by the end of the day.
FCPO prices continued to erode as Ringgit firmed up, higher seasonal production and slow demand came into play. Technically, prices are still bearish, and we may see price goes down to 2200 in the coming days. Support at 2265 / 2200 / 2135 while resistance is at 2345 / 2400 / 2435 / 2510.
No comments:
Post a Comment