Now iFS weekly chart has "expanded", I can have my weekly chart by fitting only 2 charts into one, instead of 3 charts into one chart. The margin of error would be reduced & from the chart below we can see that the 2 years old uptrend line is still intact. The uptrend line support is at RM2800.
With this, the prospect for further recovery in CPO is better. Plantation stocks would obviously benefit from higher prices of CPO, which would add to the recovery for equity market as a whole. This error and the resulting earlier bearish call for the Plantation sector are much regretted.
Chart: CPO's weekly chart from October 2008 to October 7, 2011 (source: ifs.marketcenter.com)
2 comments:
Hi Alex:
The charts and graphs in your postings don't appear on my computer. All I see is a dark empty space. When I click to try to open them, what I get is also a big dark empty screen.
Wonder what's the problem.
Have a nice day.
Hi zhouyu44
I don't know how to trouble-shoot PC problems. You should seek help from a friend or get a professional to help you.
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