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"

Friday, March 18, 2011

Friday Trading Tip: Bullish Tone Expected

Assalamualaikum...

Hi traders,

CPO ended lower on Tursday at 3338lvl with low volume traded. CPO still in bearish zone and may possible of pullback to come
... Seems like bullish will continue if CPO level can sustain above 3350.
Upside tone may develops if open >3330 and close >3350. CPO may downside bias if open < 3325 and close <3300. I'm expecting CPO may play 3320-3380 today. Pls take your position nicely...
Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

Thursday, March 17, 2011

Thursday Trading Tip: Bullish vs Bearish

Assalamualaikum...

Hi traders,

CPO ended lower on Wednesday at 3347lvl with significant volume traded. CPO still in bearish momentum and may possible of sideway due to uncertain external factor
... Seems like bearish will continue if CPO level maintain below 3350. But if may bullish if maintain the level above 3350. CPO may downside bias if open < 3300 and close >3280. Upside tone may develops if open >3330 and close >3350. I'm expecting CPO may play 3300-3380 today. Pls take your position nicely...
Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"