ZLBT Chats

Thursday, August 12, 2010

BMD Crude Palm Oil Futures

CPO >>> More Profit Takings Expected
Other than inevitable PROFIT TAKING activities in CPO Futures, technically there is no major violations seen in it's daily chart.
Note the RSI & Stoch numbers as commented inside the chart itself as per above.
FCPO Recommendation
Buy On Dip / Weakness preferably around 2620 with a cutloss at 2600
This is intraday trade rekomen.
GOODLUCK

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