Based on the technical analysis provided, it appears that FM stock is in a potential pre mark-up phase with strong buying interest and a potential breakout accumulation. The stock is likely to test the Fibonacci 1.618 resistance level, and its trading objective is primarily focused on dividend sentiment. While the stock is still in wave 2-3, there is potential for...
Seems like FM is moving upward to complete major wave 5 around RM1.24 after creating higher low and recent triangle breakout suggesting the continuation pattern. TRADE AT YOUR OWN RISK
1. Effort vs Result
2. No activity by Smart Money
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
