Tuesday, December 28, 2010

Tuesday Trading Tip: Bullish Trend Continue

Assalamualaikum...

Hi traders,

CPO ended higher on Monday at 3756lvl with high volume traded. PM session rallied after 3700 breakout. CPO seems to test 3750-3800 level if open above 3750, but be careful on pullback correction. CPO may upside bias if open > 3735-3755 and close > 3760. If open below <3720 the bearish tone may take place. Major trend is upside bias with pullback corrections. If CPO breakout 3800lvl, the trend may continue for strong bullish tone. I'm expecting CPO may play 3740-3780. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents

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