...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 )

Wednesday, January 5, 2011

Technical View

 
Previously, we had betted on the formidable RM3,750 / tonne level putting a stop to the CPO prices’ rapid rise, at least temporarily. This is because the RM3,750/tonne level was a meaningful 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. As a result, the RM3,750 became a very tough resistance.
Nevertheless, CPO prices are now trading above the RM3,750 / tonne level. We believe the short consolidation phase in the middle of November helped to propel CPO prices beyond the significant RM3,750 / tonne level with ease.
The prices continued to rally furiously after the consolidation in mid-November. The aggressive price action we are seeing now is basically the extension of the uptrend that started since the market staged a major  breakout from the “Ascending Triangle” in October.
We had said before that 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. As far as the nearer-term outlook is concerned, we have drawn a new short-term uptrend line in the above daily chart to provide guidance. Using this trend line as guidance, we know the near-term technical outlook of the market will remain bullish as long as it continues to extend its uptrend above the line.
From the current level, the RM4,400 / tonne level is the next resistance while additional resistance is seen at the RM4,154 / tonne level. To the downside, we are eyeing the RM3,750 / tonne level as the immediate support while next support is seen at the RM3,471 / tonne level.

No comments:

Post a Comment

Wednesday, January 5, 2011

Technical View

 
Previously, we had betted on the formidable RM3,750 / tonne level putting a stop to the CPO prices’ rapid rise, at least temporarily. This is because the RM3,750/tonne level was a meaningful 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. As a result, the RM3,750 became a very tough resistance.
Nevertheless, CPO prices are now trading above the RM3,750 / tonne level. We believe the short consolidation phase in the middle of November helped to propel CPO prices beyond the significant RM3,750 / tonne level with ease.
The prices continued to rally furiously after the consolidation in mid-November. The aggressive price action we are seeing now is basically the extension of the uptrend that started since the market staged a major  breakout from the “Ascending Triangle” in October.
We had said before that 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. As far as the nearer-term outlook is concerned, we have drawn a new short-term uptrend line in the above daily chart to provide guidance. Using this trend line as guidance, we know the near-term technical outlook of the market will remain bullish as long as it continues to extend its uptrend above the line.
From the current level, the RM4,400 / tonne level is the next resistance while additional resistance is seen at the RM4,154 / tonne level. To the downside, we are eyeing the RM3,750 / tonne level as the immediate support while next support is seen at the RM3,471 / tonne level.

No comments:

Post a Comment