Palm oil may bounce further into 4,930-4,964 ringgit range

Palm oil (FCPOc3) may bounce further into the 4,930 ringgit-4,964 ringgit per metric ton, after breaking above a falling trendline.The break suggests the completion of a wave C from 5,018 ringgit, which could be broken down into five smaller waves, a structure indicating the completion of the wave…