FGV (5222) - follow up on technical analysis only.


  1. FGV entered another downtrend for past few days.

  2. If the counter price fall below resistance point 1.527 and break long term upward trend, it will have a great pressure with big gap.

  3. By speculator point of view, we can enter when the price touch the upward trend. Higher percentage that the share price bounce on the said point.

  4. Cut lost point (1) 1.488 and cut lost point (2) 1.428


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