Thursday, February 10, 2011

Thursday Trading Tip: Expected Bullish Tone if Breaks 3950


Hi traders,

CPO ended higher on Wednesday at 3931vl with high volume traded. Seems like bullish tone come back again. CPO may upside bias if open > 3915-3930 and close > 3950. It looks like CPO in bearish tone if below 3900. If open <3895-3880 and close <3870  the bearish tone may take place. If CPO breakout 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

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