FCPO Week 26 2025: Bullish.Looking for price to fill up the gap below 4000 and after that expecting price to go higher and target the gap at around 4300. If price stays above 4300 then price would likely going to continue bullish.
Fcpoweekly
FCPO Week 24 2025: Bullish.I'm expecting price to break 4000 next. If not then it will continue in consolidation mode. There is a little resistance at 4000 level but price should have enough to move higher to possible even touch 4200. Happy trading.
FCPO WEEK 23 2025: Bullish Potential.Price hold support steadily even though still failed to make any move higher. It seems that 3700 is a support area for now. There are two possibilities this week:
#1 - We might see consolidation this week and price might move sideways.
#2 - Price to retrace a bit and then make a breakout towards 4000. This would be ideal and the best scenario.
Happy trading!
FCPO WEEK 21 2025: BEARISH.I think the price will continue lower next week. There is a brief retracement higher last week but the price went back lower immediately. Look at the weekly candle. A bearish key reversal that almost cancelled out the bullish reversal from the previous week. At this moment bearish is still strong therefore expecting price to go lower to test 3600 area.
FCPO WEEK 21 2025: Towards 4000?There are 2 scenarios for this week:
Scenario #1 - if price to close and stay above 3857 then there is possibility that it will continue going higher towards 4000 area. However this might be a limited move higher because the overall trend is still bearish. I think that the price will likely retest the 3700 and consolidate for a bit before going bullish.
Scenario #2 - if price to close and stay below 3745 then it should open a move lower towards 3638 area. It would be the lowest price since Aug 2024. This might be the lowest low that we need for price to establish a bullish trend.
If Scenario #1 happens then it will be interesting to analyse the price action to determine the momentum and see whether price already establish a sign that it is ready to go even higher.
Happy trading!
FCPO Week 18 2025: 50-50.Last week price failed to make a new low but instead making a push higher. It might hint that the trend is shifting to bullish but at the current moment it is 50-50. A big bearish key reversal on Friday might indicate that bearish is not done yet. Furthermore look at the weekly candle. The upper and lower wicks are about the same length and the body is more or less in the middle. Next week price action in the 50-50 area might give a clue on where price will go next. However only a close higher or lower of the current high and low of the area will provide confirmation of the future price movement.
FCPO Week 17 2025: To continue lower.Price has gone through a few support area and it seems that it will continue lower. If price continue to close below 3960 then there is possibility that it will move to 3700 area.
The case for going bullish price needs to close above 4070.
FCPO WEEK 16 2025: 50-50 price action.There is an argument for bullish price next week. However as it stands now the price is still in the 50-50 price action. There is not enough argument to confirm bullish movement. Meaning there is possibility also that it might go south next week.
Scenario 1: If price stays above the 4000 and push higher then it will be bullish. Possibly towards 4500.
Scenario 2: If price move below and stays below 4000 then bearish is back in control to push price possibility towards 3700.
Start of the week it will be reactive mode.
FCPO Week 14 2025: Retracement before going BEARISH.Price went higher today and this might be only a retracement before going lower again. For the remaining of the week, price might consolidate a bit before having any momentum to continue lower. If it indeed going lower, price will up the gaps before targeting TP1. Depending on price action TP2 is a possibility.
For price to fully go bullish, a close above 6600 is required.
FCPO week 13 2025: Lower to 4200?Looks like the price is going lower and it is bearish. Hopefully next week it could have enough momentum to continuously pushing lower and take out the support area towards 4200. Depending on price action, price would probably going much lower to 4000 where a much stronger support is expected. The only way for price to continue higher is to close above the 4500.
FCPO Week 10 2025: Still 50-50.There is a hint that the price might continue higher. 4480 to 4470 is a support area and it seems to be holding right now. However in order to continue higher price needs to overcome the current resistance area which is around 4560. Closing above the resistance will open the door to 4630 level. That is scenario 1. For scenario 2, if price close below 4470 level then it most probably going lower initially to 4400 level and possibly lower towards 4350.
For now it is still wait and see condition.
Good luck!
23) FCPO : Bear is making its call, but possible reversal...?update frm 20), Fcpo-May were in bearish last week but price frm 4500 is still holding. At least, it is still holding at 4490 and what so special about the end of the week was, formation of Double-Bottom which seemed more like a "Higher-Low" was formed. Price was able to rebound frm low and was tapped out at 1560 resistance.
Fcpo-May needs to break above 4576, the previous lower-high (blue-line), to confirm a possible shift-of-trend. Higher resistance is at 4622-4634 and 4700.
-IF the bear pulls back the price, THEN market will find some support at 4528-4490.
-IF price is below 4490-4500, THEN lower support is at pretty far at 4400, 4300.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
22) FKLI : downtrend but possible rebound?resumes frm 21), fkli-feb did the exact opposite of my expectation! On my titled "reverse-to-bullish", it didn't reversed to bullish at all! But what had happened was it formed some kinda "head" at 1591, then trapped in tight range frm 1581-1585, then rollover all the way down. Price formed lower-low at 1560++, then shoot all the way up to...1591!
At the end of February, last-day pull-up oso did not happen. Some of the stocks gave out disappointing quarter results such as Genting, Genm, etc...MOst probably this was one of the reason for the sudden fall. More bad news to come? Well, we have to wait for US then. One of the thing to look out was this current support level,1537-1540, which was a strong critical area bcox it was tested multiple times in the past.
-IF no more bad news and this support level hold, THEN fkli-march might test back 1565-1585 level.
- IF the bear is strong, THEN lower level of support range frm 1500-1510.
-IF bull is trying to reverse the trend, THEN it has to fight back higher than 1565-1585 level, reaching the closest high frm 1600-1605. I am not ashamed if my prediction is wrong because this is part and parcel of trading. IF I am right, THEN I go for it. IF I am wrong, THEN cutloss. Simple.
GUd luck and gud hunting.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
FCPO Week 9 2025: At resistance - wait and see.Price is still bullish however it is at a resistance. Expecting that it will make a retracement before resuming higher. 4600 price area is the level to watch. If price didn't make the retracement and close above 4700 area then there is possibility that it will want to continue higher to target 4770 area.
21) FKLI : reverse to bullishresumes frm 18), fkli-feb dropped down to slightly lower than the expected 1575, reaching low at 1572(1571.5 precisely), THEN a rebound on FRiday! A classic false breakout to the downside. A reversal is said to be formed when the price broke abv the previous lower-high at 1583 (the red marker) and closed at 1589.5 on FRiday, 21st Feb25. Now, bull is in charge.
IF the market is aggressive to the upside, THEN it will retest 1595-1600. IF the market breaks above the strong resistance 1600, THEN it will go to the next level at 1613 and 1628.
IF the market is slow-ish, THEN fkli-feb will hover from 1584-1588 immediate support till 1595. Deeper consolidation will touch range from 1585-1572. Price below 1572 indicate another round of bearish market appears. Since next week is the last week of February month, I will bet on "end-of-month bull rally". End of the month typically is a bull rally for fkli on some special months but most of the time it is just the last-day-of-the-month rally!
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
18) FKLI : bull and bear plays tug-of-warresumes frm 17), the latest high has broken above previous high of 1590 and creates higher-high at 1600-1605. Basically, bull is still IN CONTROL but a possible "head" has been formed. At the end of the week, price falls at 1592.5. Bull still maintains till 1575 closest higher-low is broken.
This could be a mere consolidation phase of a bull or a reversal...
IF the market is aggressive to the downside, THEN it will retest 1575-1585. IF the market breaks lower than the previous higher-low at 1575, THEN market has reversed into bear.
IF the market is slow-ish, THEN current point 1590 - 1595 is the range for possible continuation to higher price. Deeper consolidation will touch range from 1585-1590.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
FCPO Week 7 2025: Bullish.Price is bullish as expected. At the current level a retracement towards 4550 would be nice. From that level another push higher is expected. Immediate target is around 4720 area.
17) FKLI : uptrend continues...resumes frm 14), the previous Lower-high 1564 has been broken. NOw, fkli-feb has been creating more and more higher-low and higher-high till now, reaching 1590.
IF the market is aggressive, THEN it will hit 1600-1613 and probably hit higher.
IF the market is slow-ish, THEN watch out 1583-1588 support, where it is playing tug-of-war with bear.
IF the market breaks lower than the previous higher-low at 1575, THEN market has reversed into bear.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
16) FCPO : uptrend resumes...update frm 15), price frm fcpo-apr has resumed to break to higher-high, above the previous 4400-4420, making the uptrend continues higher at 4600 now (close to). Previous resistance is now the support level, which is 4500-4540. The overhead resistance ranges frm 4630-4650.
IF the market is aggressive(since fcpo-apr ends this week), THEN it will hit the 4630-4650 immediately and go further up.
IF the market is slow-ish, THEN it will lower back to 4500-4540 and play some tug-of-war with bear but Bull is still the major preference. OR tangling between 4540 -4630 region.
IF market falls below the critical 4490(4487 to be precise) which is also the previous higher-low, THEN market has probably reverses.
That's all for tdy. Happy Thaipusam and hapi holiday. Happy hunting.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
FCPO Week 7 2025: Go long.Price did go higher as expected. Expectation next week is for price to continue higher to target 6440 price area. There is some resistance at the current price area and the area above. So there might be some retracement before price continue higher. Overall is bullish.
12) FKLI : bad news breaking out? Thing is not looking gud for my last week paper trading in fkli as a "downtrend channel" is formed (red color "bridge" heading downside). The immediate support is at right now, 1560. Price needs to test immediate resistance at 1570, and if it is successful, then it will go back to the recent high at 1585. Further above 1585 signals the recent uptrend continues or IF it falls below 1540-1538, THEN the strong bear continues.
I am still of the opinion that somethg bad is going to break out frm the end of January 2025 either frm US or Japan based on recent market performance. However, not all going doom and gloom. Happy Chinese New Year and Gong XI Fa Cai!
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
FCPO WEEK 4 2025: SHORT.Price moved to the targeted level as expected even though it took a while to reached it. As of last week, bearish is still in control. Price is expected to make a retracement to fill up the gap and then continue lower to the first TP (TP1) before eventually reached TP2.
If you like or agree to this idea please give it a "Like" or a "Boost".
Cheers.
6) FKLI : I screw up the last time, what is next? - as a respond to the previous no 3), YES! I am reacting too fast and miss out on a big fall. That feeling was devastating. Just entering the second weeks of new year and I made a horrible mistake by cutting the profits short. These are indeed bad, winning trades. Repeat these actions more then I will end up "retiring" early this year.
- next week, IF bear continues to "kill" the market, THEN we will probably see price moves to 1580, a critical support. This level was hit several times last year in June, NOv and Dec 2024 and it will most likely hold unless there is more bad news from the market. THEN, we will see level like 1530-1550, or 1500-1510, which was tested during the early August fall 2024.
-IF the market is to rebound, THEN first it must get above the "overhead" resistance at 1605 and
test higher level at 1610-1615.
PS : there is a myth saying that if you want to know what will happen to the bursa malaysia for the rest of the year, you must first look at the first week in January of that year. Now, the first and second week fkli ald dropped frm high at 1640 to now below 1600, so the whole year is "roasted"? haha...kidding'.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
