POINTERS 2014 MPOC
Palm Oil Internet Seminar
0

Prospects For Second Half Of 2013 - Managing Price Fluctuations:
Palm Oil Price Analysis and Outlook for 2nd Half 2013
By: Mr. Benny Lee

Mr. Benny Lee is a private trader, trainer, speaker and practitioner of technical analysis for 10 years. He has conducted trading and technical analysis workshops for private and institutional investors in Malaysia, Singapore, Hong Kong, Thailand, Vietnam and Pakistan. Some of his courses such as CPE (Continuing Professional Education by the Securities Commission) have been approved in Malaysia. He has also spoken in many international conferences such as GlobOil, India, Gold and Options conferences in Thailand (AFET), the Asean Rubber Conference, Palm Oil Conference in Jakarta, POTS by MPOC (Malaysian Palm Oil Council) and many others. He has also presented in Exchange-organised events in Malaysia, Singapore, Vietnam and Pakistan. He has presented to a wide range of participants from a group of 10 people to a large audience of 500 people. Mr. Lee writes articles on technical analysis for Smart Investor (Monthly financial magazine in Malaysia), Busy weekly (Weekly financial newspaper), Pulses (Monthly financial magazine by the SGX) and Palm Oil Fortune (Monthly Palm Oil publication). He also appeared on Channel News Asia (Singapore) and BFM89.9 (Malaysia) for his views and commentaries on the financial markets. He graduated in Business Administration and obtained the world’s best paper in Financial Management from the Association of Business Executives, U.K.
VIEW PROFILE
Price analysis and forecast for palm oil prices based on a technical (chart) analysis perspective using statistical and correlation analysis on palm oil futures prices on Bursa Malaysia and other commodities prices. Below are the outline of the presentation.



Technical Analysis of Crude Palm Oil Futures on Bursa Malaysia

- Price Trend analysis

- Cycle Analysis

- Price and time forecasts



Factors affecting palm oil prices

- Output/stock/export of palm oil in Malaysia - correlation analysis

- Soybean, US Dollar and Crude oil correlation analysis



Price forecast for 2H 2013.


Download Report Download Slides
Please login to view the video
Please login to post Question & Answer;
Questions & Answers (7) :
Rohit
11 years ago
Hello Benny! I regularly read your view on fortune magazine and I find it very useful and most of the time they are correct.I think there are few people like you who can predict so accurately.
Benny Lee Wan Yu
11 years ago
Hi Rohit, Kurt, this support level is a crucial support level for CPO futures and looks like its going to go to RM1,800 to RM1,900 levels but there is a support level at RM2,000 as well like Kurt mentioned.
Kurt Faudel
11 years ago
It sure looks like the 2200 is broken, so first support is 2000.
Rohit
11 years ago
Hello Benny. As prices breached support of Myr 2200 should we look for 1900? Or it can take any other support? Regards Rohit
Rohit
11 years ago
Thanks for your answer.
Benny Lee Wan Yu
11 years ago
Hi Rohit, I am expecting price to bottom out RM2,200 to RM2,300. Chartwise, If the support level at RM2,200 is broken, we may see it going to 1,800 - 1,900 but chances are low that it's going to fall below 2,200.
Rohit
11 years ago
Hell! My question is as klc is trading below 2300 can it go below 2200 myr.How much low can we expect it to bottom out at?
7,250 registered users
0 currently online
Members' Login
Username
Password  
    LOGIN
    Forgot Password?
Archives
© 2024 Malaysian Palm Oil Council (MPOC). All Rights Reserved. For enquiries please contact info@pointers.org.my