Thursday, 14 July 2011

Palm Oil Hit Profit Targets 3125 And 3135

As palm oil futures price hit 3139 high, CPO Futures hourly profit targets had been hit based on profit maximisation strategy. Next target will be 3145 to 3155.
The hourly stc indicator will do stop and reverse sell only when palm oil futures price is closed 3066 or lower at 1230pm today based on high 3139 created this morning.