...kini mengadakan promosi bagi peserta yang ingin menyertai seminar untuk dua segmen dengan diskaun sebanyak RM200 serta penginapan percuma (untuk seminar di Pusat Latihan PUABUMI sahaja)......rebutlah peluang mempelajari ilmu pelaburan ini...

Penginapan percuma hanya untuk penyertaan dua segmen di Pusat Latihan PUABUMI Kemaman, Terengganu sahaja...

Barisan Penceramah

Barisan Penceramah
Kami bersedia untuk turun padang membongkar rahsia pelaburan di Bursa Malaysia

Destinasi Seminar

Destinasi Seminar
Pakej Eksklusif Istimewa ~ Seminar Jutawan Saham dan CPO siri ke 3 adalah pembuka untuk tahun 2011 ini di Pusat Latihan PUABUMI pada 8hb dan 9hb Januari 2011

Seminar Jutawan Saham & CPO akan berada di Santuary Resort Cherating pada 15 Januari 2011 ( segmen ekuiti ) dan 16 Januari 2011 ( segmen CPO )

Kem Pelaburan PUABUMI II akan berada di Hotel Midah Kuala Lumpur pada 13 Ogos 2011 ( segmen CPO ) dan 14 Ogos 2011 ( segmen Ekuiti )

Seminar Jutawan Saham & CPO akan berada di Suria City Hotel, Johor Bahru pada 29 Januari 2011 ( segmen ekuiti ) dan 30 Januari 2011 ( segmen CPO )

Tuesday, January 18, 2011

Technical View


Last week’s retracement back below the RM3,750 / tonne level indicates that the CPO market had experienced another failed breakout attempt at this level. After CPO prices tumbled sharply in 1Q08, there were actually four major failed rebound attempts at the RM3,750 / tonne level in the 4 months that followed. Hence, last week’s action represents another failed attempt at this level after more than 2 years.
Anyhow, the failed breakout attempt at the RM3,750 / tonne level has not altered the market’s solid rising trend. CPO price are still expected to extend higher aggressively in the near future as long as it stays above the uptrend line as is indicated in the above daily chart.
Even if the uptrend line is violated, the breakdown will not alter our longer-term outlook towards the CPO market. As we mentioned many times before, the breakout from the RM2,800/tonne level, which coincided with the breakout from the “Ascending Triangle”, had substantially improved the CPO futures’ technical landscape. The mid-term technical outlooks of the CPO market will remain bullish as long as prices stay above the RM2,700-RM2,800/tonne area.
From the current level, there is immediate resistance at the RM3,750 / tonne level, followed by the RM4,000 / tonne level. To the downside, immediate support is seen at the RM3,471 / tonne level.

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Tuesday, January 18, 2011

Technical View


Last week’s retracement back below the RM3,750 / tonne level indicates that the CPO market had experienced another failed breakout attempt at this level. After CPO prices tumbled sharply in 1Q08, there were actually four major failed rebound attempts at the RM3,750 / tonne level in the 4 months that followed. Hence, last week’s action represents another failed attempt at this level after more than 2 years.
Anyhow, the failed breakout attempt at the RM3,750 / tonne level has not altered the market’s solid rising trend. CPO price are still expected to extend higher aggressively in the near future as long as it stays above the uptrend line as is indicated in the above daily chart.
Even if the uptrend line is violated, the breakdown will not alter our longer-term outlook towards the CPO market. As we mentioned many times before, the breakout from the RM2,800/tonne level, which coincided with the breakout from the “Ascending Triangle”, had substantially improved the CPO futures’ technical landscape. The mid-term technical outlooks of the CPO market will remain bullish as long as prices stay above the RM2,700-RM2,800/tonne area.
From the current level, there is immediate resistance at the RM3,750 / tonne level, followed by the RM4,000 / tonne level. To the downside, immediate support is seen at the RM3,471 / tonne level.

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Post a Comment