Friday, December 24, 2010

Friday Trading Tip: Strong Bullish

Assalamualaikum...

Hi traders,

CPO ended higher on Thursday at 3658lvl with moderate volume traded. CPO seems to test back 3650-3700 level if open above 3650. CPO may upside bias if open > 3650-3670 and close > 3670. If open below <3620 the bearish tone may take place. Major trend is upside bias with pullback corrections. If CPO breakout 3700lvl, the trend may continue for strong bullish tone. I'm expecting CPO may play 3650-3700 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents

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