Thursday, January 27, 2011

Thursday Trading Tip: Bullish vs Bearish

Assalamualaikum...

Hi traders,

CPO ended lower on Wednesday at 3670lvl with high volume traded. Seems like bearish to be continued with pullback. CPO may test 3620-3780 level. CPO may upside bias if open > 3670-3700 and close > 3680. It looks like CPO in bearish tone if below 3700. If open below <3620-3650 and close <3650  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 3620-3700 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

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"

Tuesday, January 25, 2011

Crude Palm Oil Falls On Profit-Taking; China Fears | Palm Oil HQ

Crude Palm Oil Falls On Profit-Taking; China Fears | Palm Oil HQ

Tuesday Trading Tip: Bearish Tone Expected

Assalamualaikum...

Hi traders,

CPO ended unchanged on Monday at 3748lvl with high volume traded. Seems like bearish to be continued. CPO may test   3720-3750 level. CPO may upside bias if open > 3760-3788 and close > 3760. It looks like CPO in bearish tone if below 3700. If open below <3730-3750 and close <3730  the bearish tone may take place. Major trend is upside bias with pullback corrections. If CPO breakout 3750lvl, the trend may have chance for bullish tone towards 3800. I'm expecting CPO may play 3700-3760 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

Monday, January 24, 2011

UPDATE: Palm Oil To Trade In MYR3,600-MYR3,700 Range -Sime Darby | Palm Oil HQ

UPDATE: Palm Oil To Trade In MYR3,600-MYR3,700 Range -Sime Darby | Palm Oil HQ

Monday Trading Tip: Continue Bullish

Assalamualaikum...

Hi traders,

CPO ended higher on Friday at 3748lvl with high volume traded. Hoping of bulls to be continued. CPO seems to test   3720-3780 level. CPO may upside bias if open > 3745-3765 and close > 3760. It looks like CPO in bearish tone if below 3700. If open below <3730 and close <3700  the bearish tone may take place. Major trend is upside bias with pullback corrections. If CPO breakout 3750lvl, the trend may continue for strong bullish tone towards 3800. I'm expecting CPO may play 3730-3800 tomorrow. Pls take your position nicely...
Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"