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"
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"