Tuesday, 26 July 2011

Palm Oil Futures Profit Targets 3059 And 3034

Based on low 3083, CPO Futures hourly indicator will cut loss and turn buy if crude palm oil futures price is traded above 3136 at 1130am today. Otherwise, hold selling 3109.
The first profit target range may set at 3059 to 3055, while 3034 to 3030 will be the next profit target level which is 2% drop for the day already.