Thursday Trading Tip: Correction

Assalamualaikum,

Hi traders,

CPO ended slightly lower Wednesday with low volume at 3087lvl. Again it try to breaks 3106, but very shy to go further. I'm expecting CPO may enter into correction phase after a few doji star formed in daily chart prior to making new uptrend. CPO still in upside bias range bound if open > 3090 and close > 3090. Otherwise it may go to temporary downside bias range bound. Take your position nicely......

Thanks....

Wassalam...