FCPO filled last week open gap 2195. The filled gap named "exhaustion gap" in technical analysis, this indicate the buying have adapted the recent selling. While intraday price quickly retrace from 2195 to find support between 2181 to 2175.
Price have no significant direction in current price structure with no PalmOil data for today and tomorrow. FCPO may factoring price movement of BO1! and oil price movement.
Info on Exhaustion gap https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:gaps_and_gap_analysis
Price have no significant direction in current price structure with no PalmOil data for today and tomorrow. FCPO may factoring price movement of BO1! and oil price movement.
Info on Exhaustion gap https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:gaps_and_gap_analysis
