Wednesday, January 26, 2011

Wednesday Trading Tips: Bearish May Continue....

Assalamualaikum...

Hi traders,

CPO ended lower on Tuesday at 3703lvl with high volume traded. Seems like bearish to be continued. CPO may test   3680-3730 level. CPO may upside bias if open > 3745-3780 and close > 3750. It looks like CPO in bearish tone if below 3700. If open below <3680-3710 and close <3700  the bearish tone may take place. If CPO breakout 3650lvl, the trend may have chance for bearish tone again towards 3600. I'm expecting CPO may play 3650-3720 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

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