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FPI - Updated Chart
I previously blogged on FPI here. Looks like there's a breakout on Monthly chart below.
Similar views on Weekly chart below.
Last swing high was 21 Mar (RM3.20).
With April 23 sen dividend and current price of RM3.05, that's equivalent to RM3.28 which is already higher than last swing high of RM3.20. No need to sell before ex-div and buy back, as that requires 2 activities (sell AND buy back) to win, compared to do nothing.
Let's see how price resolve itself from here next.
Good luck!
Disclaimer: As usual, you are fully responsible for your trading and investment decisions.
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