CPO Future Hit RM4,000 - INNOPRISE on upward trend

 

Yes, CPO future contract hit RM4,000 for September. It is time for plantation stocks to run.  Two plantaion counters are in my portfolio, INNOPRISE and United Plantation.

Below is FCPO September future contract.

United Plantation is long term investment so just sit back and collect dividen. INNOPRISE strategy is buy some, sell some and keep some... BSK strategy??

INNOPRISE price chart has shown cup & handle pattern and today price break resistance. You can see higher low and higher high. Typically this is upward trend.  

I have a comment asking me what is CUP & HANDLE....well it is just looks like my morning coffee cup below (side view)...😄

This week weather is good for morning walk. Have a fantastic weekend!

WellCal starts to run!

I covered Wellcal and BPPLAS on 11 June. It is already 1 month and Wellcal finally moving! It broke the resistance mark of RM1.18 on 12 July and gap up on 13 July.

Hope it will run further 😆 

Side story:

Recently craving for curry mee. This shop is next to 3K sport complex fronting persiaran Kewajipan SS13/1. Open very early at 7.00am. Taste good !