Sunday, August 15, 2010

Monday Trading Tip: Bullish May Continue

Assalamualaikum...

Hi traders,

CPO ended higher on Friday at 2690lvl. It's try to test 2700lvl during the trading session. CPO may bullish tone if open > 2672-2697 and close > 2690. But may bearish if open < 2670-2660 and close < 2660. Meanwhile, if CPO breaks 2700lvl on Monday, it may rally for the week. However please be careful on downside correction since the weekly chart shown evening star pattern. Take your position nicely....

Just my 2cents...

Wassalam.....

Selamat Berpuasa....Ramadhan Al Mubarak   

3 comments:

  1. As salam,

    Saya raser kita hanya boleh LONG semula klu indeks lepas 2720.. Pd pendapat saya, mgkin sbb crude oil jatuh dan semacam xleh lps USD80.

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  2. W'salam,

    Terima kasih atas pandangan tuan. Pada sy kita boleh LONG sekarang pada lvl yg sesuai 2690-2700 kerana trend masih lagi "upside biased". Bg yang intraday traders cara tuan amat sesuai.

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  3. Alhamdulillah, tuan ni cukup murah hati dan bukan yg jenis kedekut ilmu. Mmg saya intraday trader, kdg2 klu xleh kuwau tu, tepaksa ler bermlm, pg2 esk cut je la mana2.

    Moga tuan terus berada di persada CPO, insyaALLAH.. amin

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