After two horrendous weeks, yesterday market rises. Key thing to note is we did not break March's low after two weeks of pull-back. And should we rise this week and beyond, according to dow theory, that is and uptrend continuation. Focus on your watchlist, those that experienced normal pullbacks are worth your time.
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BIG is an inverse H&S pattern.. And did you see the BIC in Dsonic? Those of you who went to the 2hr free master class, this is evidence it is time tested way of reading charts.
CPO is back... after a corrextion to test RM5k per tonne, now on the way up to RM7k per tonne.
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If you are fearful of the stock market, you already lose. Use position sizing to manage the risk, see 1 cantik chart, trade it. if wrong, cut and move to the next chart. Have the courage to venture forward.
If you are stuck in stocks not going higher but only lower, it is necessary to admit you are wrong, take a silent prayer and sell them to buy the next stock. Don’t let losing stocks paralyse you.
CPO price spike akan datang?
China and india buy from Malaysia since Indonesia ban export?
https://www.businesstimes.com.sg/asean-business/indonesia-to-ban-exports-of-palm-oil-from-apr-28?amp=
China and india buy from Malaysia since Indonesia ban export?
https://www.businesstimes.com.sg/asean-business/indonesia-to-ban-exports-of-palm-oil-from-apr-28?amp=
The Business Times
Indonesia to ban exports of palm oil from Apr 28
INDONESIA will effectively ban palm oil exports from Apr 28, after President Joko Widodo said on Friday (Apr 22) he had decided to stop shipments of cooking oil and its raw material to control
Low PE doesn't mean an automatic buy. There is a reason why it is selling at low single digit PE. Usually the earnings are facing strong headwinds and not going to be cleared anytime soon. Flattish demand can be a culprit too.
The bearish candle yesterday on plantation stocks ought to be discounted as it was due to that flip flop in Indonesia export news.
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Digital banking winners are out.
https://www.bnm.gov.my/-/digital-bank-5-licences?fbclid=IwAR1PYZpJn5GCZhQRvNQp2KBOtnlcKnJB2Ydlr46Xid5eM3VH73yUaJSXJq8
https://www.bnm.gov.my/-/digital-bank-5-licences?fbclid=IwAR1PYZpJn5GCZhQRvNQp2KBOtnlcKnJB2Ydlr46Xid5eM3VH73yUaJSXJq8
www.bnm.gov.my
Five successful applicants for the digital bank licences - Bank Negara Malaysia
BNM announces the five successful applicants for the digital bank licences, as approved by the Minister of Finance Malaysia.
i nearly did a dumb thing to sell my GHLSYS for Revenue this morning, seriously tempted. Heng ah no itchy finger.