Friday, February 11, 2011

Friday Trading Tip: Bulls vs Bears

Assalamualaikum...

Hi traders,

CPO ended lower on Thursday at 3926vl with high volume traded. Seems like bullish momentum still strong towards 4000. CPO may upside bias if open > 3955-3970 and close > 3970. It looks like CPO in bearish tone if below 3900. If open <3935-3920 and close <3920  the bearish tone may take place. If CPO above 3950lvl, the trend may have chance for bullish tone towards 4000. I'm expecting CPO may play 3900-3980 today. Pls take your position nicely...
Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

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