Friday, March 25, 2011

Friday Trading Tip: May Rebound, Bullish Tone Expected

Assalamualaikum...

Hi traders,

CPO ended lower on Thursday at 3270lvl with high volume traded. Watch out hammer candlestick pattern....CPO still in bearish zone and may possible of pullback to come
... Seems like bullish will exist if CPO level can sustain above 3330.
Upside tone may develops if open >3270-3280 and close >3300. CPO may downside bias if open < 3275-3265 and close <3250. I'm expecting CPO may play 3250-3330 today. Pls take your position nicely...
Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

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