FCPO Q1 Outlook: Sideways-Up to ATH 4.4k-4.8k đđź
Technicals
đđ» Prev idea on potential CPO New Bull Cycle:
đđ» Dec Bullish Call on CPO:
đ Q1 Risk Factor to Watch:
Covid, Reinstating/further extension of MCO , Political instability (Malaysia), US President transition, US-China trade war (soybean oil deals), Geopolitical tension in Iran/Taiwan
I'm Long bias for FCPO in 1Q2021, looking to initiate Long positions shall Major S holds.
Happy Hunting! đ„đ
-jk-
- Major S: 3.6-3.7k (nearest support) ; 3.2-3.4k (prev consolidation range)
- Major R: 3.8-3.9k ; 4-4.2k ; 4.4k (ATH) ; 4.8k (Weekly breakout projection)
đđ» Prev idea on potential CPO New Bull Cycle:
đđ» Dec Bullish Call on CPO:
đ Q1 Risk Factor to Watch:
Covid, Reinstating/further extension of MCO , Political instability (Malaysia), US President transition, US-China trade war (soybean oil deals), Geopolitical tension in Iran/Taiwan
I'm Long bias for FCPO in 1Q2021, looking to initiate Long positions shall Major S holds.
Happy Hunting! đ„đ
-jk-
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