Wednesday, February 2, 2011

Wednesday Trading Tips: Bullish Tone Come Back, May Test 3900

Assalamualaikum...

Hi traders,

CPO ended higher on Monday at 3809lvl with low volume traded. Seems like bullish tone had developed. CPO may upside bias if open > 3800-3820 and close > 3850. It looks like CPO in bearish tone if below 3750. If open below <3780-3790 and close <3780  the bearish tone may take place. If CPO breakout 3850lvl, the trend may have chance for bullish tone towards 3900. I'm expecting CPO may play 3790-3850 today. Pls take your position nicely...
Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

Monday, January 31, 2011

Monday Trading Tip: Bulls or Bears, May Bullish Tone Above 3720

Assalamualaikum...

Hi traders,

CPO ended higher on Friday at 3700lvl with high low traded. Seems like sideways had developed. CPO may test 3680-3750 level. CPO may upside bias if open > 3700-3720 and close > 3720. It looks like CPO in bearish tone if below 3700. If open below <3680-3690 and close <3680  the bearish tone may take place. If CPO breakout 3750lvl, the trend may have chance for bullish tone again towards 3800. I'm expecting CPO may play 3690-3750 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"