The new Bull Runs ?

Market Watch :

Hello Malaysian traders, hoping that everybody in good health.

These company has a large of liquidity and a large cash flow. Since that the global chain market has been worsen due to pandemic.. the crude palm oil price also get infected. Since that the demand of crude oil is still there, these company still can survive.
The case almost similar with USOIL market, but these is a bit different.

For the moment now, I just keep on my eyes on this market price. If there signals, Long positions will be in positions.

Thanks.

Trade active:

The EMA 50-200 already cross. A buy position can be execute.

Trade active:

The daily resistance has been break.. has been break. I'm expected that the bull run will last for few days. Due to the weekly EMA 200 has been touched, the market price may be bounce back down or it will break the EMA200.

Trade closed: target reached

Comment:

My target reached, and withdraw the position and hunting other stock market. But I still watching for this market price for this week and next week. I'm expected that the market will have a small bounce back down next week. For those are holding the share market for a long run, the bullish momentum is still strong in monthly chart. Plus, the demand of crude palm oil has been back due to India make their repeat order.

That's all for now.

~End~