Friday 12 November 2010

12nov2010 - CPO profit targets 3316 and 3296 hit

Hourly cpo futures another 2 profit targets hit at 3316 and 3296 except the last 3276 which missed by 1 tick for the first hour of cpo futures trading in Bursa Malaysia Derivatives. Based on hourly cpo indicator, 1230pm will remain sell signal. These profit targets are basically helping the hourly indicator to maximise profit.