https://m.investing.com/commodities/us-soybean-oil-advanced-chart
https://m.investing.com/commodities/crude-palm-oil
Soy oil in U.S. Are soften and come down but overall month chart still at uptrend.
However cpo price in India stay very strong in the period when soy oil price are soften.
This imply, cpo demand is high in India at the same time, the supply from Malaysia and Indonesia doesn't go wild like soybean when price was surged.
Next round of cpo surge will be soy oil price start to pick up from this round downtrend. Let's wait and see.
https://m.investing.com/commodities/crude-palm-oil
Soy oil in U.S. Are soften and come down but overall month chart still at uptrend.
However cpo price in India stay very strong in the period when soy oil price are soften.
This imply, cpo demand is high in India at the same time, the supply from Malaysia and Indonesia doesn't go wild like soybean when price was surged.
Next round of cpo surge will be soy oil price start to pick up from this round downtrend. Let's wait and see.
http://www.indexmundi.com/commodities/?commodity=palm-oil&months=120
690 now, in uptrend. It was hit above 1k in 2007-2008 and 2011-2012.
If you refer to 2011-2012 chart, around 700 burst to 1k, the present chart in fact repeat the same. So keep finger cross and expect the Chiong in next few months.
690 now, in uptrend. It was hit above 1k in 2007-2008 and 2011-2012.
If you refer to 2011-2012 chart, around 700 burst to 1k, the present chart in fact repeat the same. So keep finger cross and expect the Chiong in next few months.
60 is strong resistance, once resistance is broken the sky is clear.
But this company has history price from 60 till 300 which imply huge potential at front.
But this company has history price from 60 till 300 which imply huge potential at front.
Within 2-3 weeks can see 60.
This stock was 3, stay 2, stay 1, stay 0.8
But now only 0.55.
This stock not issuing and right to increase no of share, obviously is very discounted and undervalued.
Let's hope soft commodity boom come back again with demand from China and India and also better economic from us and Europe.
Although this is not a bluechips but I think so far is most undervalued, safer to buy and hold for long term and expect very hand some return in 1-2 years.
Don't miss.
But now only 0.55.
This stock not issuing and right to increase no of share, obviously is very discounted and undervalued.
Let's hope soft commodity boom come back again with demand from China and India and also better economic from us and Europe.
Although this is not a bluechips but I think so far is most undervalued, safer to buy and hold for long term and expect very hand some return in 1-2 years.
Don't miss.
Looking forward to next week since 52.5-53 was killed with a bounce. Which imply long term correction is end and bull trend will start again.
A lot of investors like to living in the past and keep on supporting and chasing a stock which glory has been past but still in long term downtrend mood. They cheer for every bounce which is normal since share price is running at up down mood with profit taking and reload but overall is long term downtrend and forget to unload at up and lose even more in next down.
To spot on a long term uptrend is not too difficult, just we have to spot the price stay low for long without going lower and bottom price was tested 6-9 months without breaking, it will be the sign of fund managers supporting the stock commodity or etc product at bottom. When it start to bounce up and price shoot then retreat for correction but price stay higher compared to past, the stock disclose a long term uptrend, up down still expect but price will trend up in long time.
For currency and commodity which last forever and never die perform this way, however stock market due to some company may file bankruptcy and some may grow fast as big as Apple through years, so the bottom can be zero, the highest can be unlimited but still subjected buying and selling and trend restriction at the end.
To spot on a long term uptrend is not too difficult, just we have to spot the price stay low for long without going lower and bottom price was tested 6-9 months without breaking, it will be the sign of fund managers supporting the stock commodity or etc product at bottom. When it start to bounce up and price shoot then retreat for correction but price stay higher compared to past, the stock disclose a long term uptrend, up down still expect but price will trend up in long time.
For currency and commodity which last forever and never die perform this way, however stock market due to some company may file bankruptcy and some may grow fast as big as Apple through years, so the bottom can be zero, the highest can be unlimited but still subjected buying and selling and trend restriction at the end.
http://www.un.org/apps/news/story.asp?NewsID=56093#.WJQidIrXenM
Get ready of an unstoppable soft commodity rally in next 1-2 years.
All soft commodity charts point a bottom up from long time downtrend which started in 2011-2012 till 2016. 2nd half 2016, come out from rock bottom after 4-5 years drop, sugar take the leads, oil rice and etc are on the same trend.
Park money at right place for long term investment.
Get ready of an unstoppable soft commodity rally in next 1-2 years.
All soft commodity charts point a bottom up from long time downtrend which started in 2011-2012 till 2016. 2nd half 2016, come out from rock bottom after 4-5 years drop, sugar take the leads, oil rice and etc are on the same trend.
Park money at right place for long term investment.
http://m.themalaymailonline.com/money/article/cpo-price-rebounds-on-positive-export-figures
Someone is trying to pressing the price at morning open, it is easy to achieve for a low volume stock.
However cpo price was supported above rm 3000 last night. It was testing high resistance 3160, the month chart still support the price above 3000, hopefully, the cap can be removed and cpo price can chiong.
Someone is trying to pressing the price at morning open, it is easy to achieve for a low volume stock.
However cpo price was supported above rm 3000 last night. It was testing high resistance 3160, the month chart still support the price above 3000, hopefully, the cap can be removed and cpo price can chiong.
Indofood Agri last quarter result deliver eps of 1.2 cents.
If the performance can last for next 3 quarter, the PE ratio will be at 11 @53.5 cents. This is same as golden Agri.
So long as cpo price can maintain or higher than past 6 month price in the future.
Palm oil counter like golden Agri and indofood Agri share price shall fly. Just bear in mind, during the peak indofood was over 2 dollars and golden was above 1 dollars.
Edible oil price or soft commodity was pressured for long time, will it break out the resistance level and fly to bring another round of plantation boom?
Let's see and you shall not miss it.
If the performance can last for next 3 quarter, the PE ratio will be at 11 @53.5 cents. This is same as golden Agri.
So long as cpo price can maintain or higher than past 6 month price in the future.
Palm oil counter like golden Agri and indofood Agri share price shall fly. Just bear in mind, during the peak indofood was over 2 dollars and golden was above 1 dollars.
Edible oil price or soft commodity was pressured for long time, will it break out the resistance level and fly to bring another round of plantation boom?
Let's see and you shall not miss it.
earlybird14 ( Date: 01-Feb-2017 17:03) Posted:
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Cpo price in India stay flat, Malaysia cpo price down due to recent usd depreciate against myr.
Volume built up at boundary level 53-53.5, bull bear pressure each other.
Result coming in end of February, shall be good result due to cpo price stay at high level in past 3 months.
Week chart show uptrend maintain after long time consolidation, month chart downtrend blocking the rally and hopefully, the coming result can boost the price and break through the month chart and move to complete long term uptrend like Wilmar and golden Agri.
Volume built up at boundary level 53-53.5, bull bear pressure each other.
Result coming in end of February, shall be good result due to cpo price stay at high level in past 3 months.
Week chart show uptrend maintain after long time consolidation, month chart downtrend blocking the rally and hopefully, the coming result can boost the price and break through the month chart and move to complete long term uptrend like Wilmar and golden Agri.
earlybird14 ( Date: 25-Nov-2016 14:02) Posted:
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earlybird14 ( Date: 25-Nov-2016 14:02) Posted:
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reached 58 awhile ago and then roll back :(   ...but good it starts to move again...back to 54 haha..I still like the palm oil trend play...hehe...this one low volume...i am waiting for it to turn high volume...
haha 58 already
Yeah making a short step upwards....good effort..
yes this guy no strength...I am holding it though....still think palm oil price will still trend up...
Today, gostan.  CPO futures on bursa are green now though. 
well....wait till chng kays come....too late....must buy when they are not home yet....thats how to beat the market..
Only small fries like us do.  Chng kays strangely are out of town ....
zygothfisher ( Date: 12-Dec-2016 09:37) Posted:
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No one watching Indo Agri????? Strange....watch this stock....