Crude Palm Oil Futures
Long
Updated

Sector to Trade - PLANTATION

654
BULLISH Breakout movement in plantation sectors (SEE FGV analysis on June 22)
Plantation Index signal SLOW Turtle BUY above 6340 and ATOM remain as BUY.
FCPO successfully breaks Inverse Head and Shoulder neckline with SLOW Turtle Buy on both Daily and Weekly Chart. Volume spike, FiFT +ve and ATOM BUY.

This week huge volume surge on Plantation counters
FGV, RSAWIT, TDM, JTIASA, TSH are among the top active.

FGV continue to make higher high on weekly chart.
JTIASA - Those who missed FGV can consider JTIASA. See JTIASA Chart
RSAWIT - Below (0.40). FiFT +ve, ATOM Buy. Similar to JTIASA but resisted by trendline. Need to break trendline to rally.. See RSAWIT Chart
TSH - TSH Chart
Note
RSAWIT breakout.
JTIASA Continue with the rally..
Note
RSAWIT - 0.345
snapshot
Note
JTIASA - Watchout for 0.61
snapshot
Note
JTIASA breaks 0.61 with volume..
Up 18% since fast turtle buy call.
Note
snapshot
Up 35% since fast turtle buy
Next stop 0.75 and 0.855

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.