When Cruel Oil turned to a serious correction for last few weeks, Cruel Palm Oil (CPO) followed the dip.
Technically, Cruel Oil may continue to rebound. CPO is likely to follow Cruel Oil to rebound.
FCPO, the plantation derivative, show a turning point. But it still has to break RM 2,766 for further upward strength.
Therefore some trading opportunities are found on Plantation Big Caps such as IOICORP, KLK and SIME, they have made handsome rebound today.
Technically, Cruel Oil may continue to rebound. CPO is likely to follow Cruel Oil to rebound.
FCPO, the plantation derivative, show a turning point. But it still has to break RM 2,766 for further upward strength.
Therefore some trading opportunities are found on Plantation Big Caps such as IOICORP, KLK and SIME, they have made handsome rebound today.
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