Weekly Roundup: FCPO as of October 10, 2025

Weekly Roundup: FCPO as of October 10, 2025

Market Stance & Technical Bias

Stance: Bullish, based on a valid cup and handle formation evident across both daily and weekly timeframes.
Confidence Level: High for bullish continuation upon confirmation; medium until a decisive breakout is observed.

Price Action & Trend Structure

Cup and Handle Formation:
- Classic rounding bottom (“cup”) developed over multiple months, with a minor handle consolidation at the rim (4,614 MYR).FCPO1-_2025-10-11_21-34-16.jpg
- This pattern is one of the most reliable bullish continuation setups, especially when confirmed by increasing volume on breakout.
Trend Dynamics:
- Daily and weekly charts show sustained series of higher lows from the cup base (~3,700 MYR) up to the rim area.FCPO1-_2025-10-11_21-34-16.jpg
- The handle features shallow retracement, suggesting strong buyer interest and a controlled, healthy setup.

Key Technical Levels

| Level | Significance |
| --- | --- |
| 4,614 MYR | Cup rim; breakout trigger |
| 4,444–4,458 MYR | Handle support, minor pullback region |
| 4,268 MYR | Major trend support, bullish invalidation threshold |
| 5,200 MYR | Initial upside target post-breakout |
| 5,630–5,740 MYR | Measured move target for full pattern completion |

Candlestick & Volume Analysis

- Bullish price builds, with candles showing long lower wicks and closing nearer session highs just below rim resistance.FCPO1-_2025-10-11_21-34-16.jpg
- Volume has contracted during handle formation and increased on rallies to the resistance—ideal structure for an imminent technical breakout.FCPO1-_2025-10-11_21-34-16.jpg
- Watch for day/weekly closes above 4,614 MYR with volume surging 20–30% above recent averages to confirm the breakout and limit false signals.FCPO1-_2025-10-11_21-34-16.jpg

Trading Plan

**Entry:** Initiate long position only on clear daily/weekly close above 4,614 MYR with confirming volume.FCPO1-_2025-10-11_21-34-16.jpg
**Stop-loss:** Below handle lows (around 4,420 MYR) to manage breakout failure risk.
**Upside targets:**
- First: 5,200 MYR
- Second: measured-move target near 5,630–5,740 MYR (cup depth projection).

Risk management: Avoid anticipation; confirm breakout with price and volume. Tight stop-loss placement recommended.

Immediate Action Points

- Monitor price consolidation below 4,614 for compressing ranges and accumulation, indicating imminent momentum.
- Volume analysis critical—breakout must coincide with notably higher volume to validate move.

Summary Table

| Technical Signal | Status as of Oct 10, 2025 |
| --- | --- |
| Cup & handle valid? | Yes, clearly formed |
| Breakout entry level | 4,614 MYR |
| Confirmation needed | Price close + strong volume |
| Stop loss | 4,420 MYR |
| First target | 5,200 MYR |
| Full pattern target | 5,630–5,740 MYR |


Weekly Summary:

The FCPO chart as of October 10, 2025 presents a classic bullish cup and handle pattern. Traders should wait for a decisive daily or weekly close above 4,614 MYR, supported by robust volume, before acting. Initial and measured-move targets offer strong risk/reward if the breakout is confirmed. Immediate invalidation occurs below 4,420 MYR, while a failure at 4,614 MYR warrants patience until renewed bullish signals appear.

This analysis discounts all fundamental inputs and is driven entirely by price structure and technical expectation for FCPO.