OSK - Technical Analyzer_FKLI FCPO_20140102_RHB Retail Research
MBB -
Bullish interest seemed more dominant despite weaker soybean oil weakness. With a strong bullish candlestick pattern day and no reversal signals detected from other technical indicators, sentiment indicates that buying on dips is a preferred strategy from players.Nearby support and resistance is pegged at RM 2,640 and RM 2,670 respectively. A strong close above the resistance indicates further thrust on the upside.
For today, the market could consolidate in a choppy and mixed tone trading within the support and resistance levels.FCPO Daily Commentary - FCPO020114
Charts
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Views – 148
Commentary 020114
OSK - Technical Analyzer_FKLI FCPO_20140102_RHB Retail Research
MBB -
For today, the market could consolidate in a choppy and mixed tone trading within the support and resistance levels.FCPO Daily Commentary - FCPO020114
Charts
60M
5M
Views – 148