Harvest
Too many investors are asking about this stock, thus, I decided to cover this stock today. Basically, not much to expect from the stock as the stock is expected to resume its downward consolidation. If investors are holding the stock, it is advisable that investors should set your stop loss around the RM0.50 level as dropping below this level will indicate the free fall of the stock until RM0.10 level.
Immediate support is seen at RM0.50, followed by RM0.30 and immediate resistance is seen at RM0.60, followed by RM0.85 level.
FKLI
Re-gaining Posture above the SMA 50?
The FKLI is re-challenging the SMA 50 (1579 level), so long as this level is able to be taken over, the overall uptrend remains positive. For risk taker investors, if the FKLI staying above the 1579 level, it is worthwhile to take the risk and initiate long position with stop loss level being set around 1570 level and first profit taking level being set around 1595 level.
The immediate support is seen at 1550 level, followed by 1560 level and the immediate resistance is seen at 1580 level, followed by 1590 level.
Monitor Closely – 3500 Level!
It is important for the FCPO to stay above the 3500 level and I will maintain my view that if 3500 level is able to be sustained, it is a good level to initiate long position with stop loss level being set around 3470 level. This is a level that worthwhile to take a risk.
The immediate support is seen at 3450 level, followed by 3400 level and immediate resistance is seen at 3505 level, followed by 3550 level.
Disclaimer:
The information herein was obtained or derived from the source that I believed are reliable. No liability can be accepted for any loss that may arise from the use of this report. All opinions and estimates included in this report constitute my judgment as of this date, not an invitation to buy and are subject to change without further notice.
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