Possible bullish course for FCPO

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FCPO could potentially be on its bullish course to reach RM 5000. However, there could be some room for the price to drop just slightly to complete of what could be a flat correction in the 2. An immediate break from the zone area highlighted with a box could suggest that flat correction have completed and might be on the 3 of (3) wave.

Disclaimer
This is NOT buy/ sell call but for learning purposes.

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ملاحظة

Currently the price is in big range from RM 3850 to RM 4035 which suggest that few options (main/ alternate EW) mapping are at play here. The price is expected to play within this range sometime this week or potentially until next week. Best course of action is to probably wait until there are more clarity in the market movement

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ملاحظة

Price has finally broken important level and is now potentially be on its course to the said price target