Thursday 9 January 2014

Reuters Market Analyst Wang Tao On Palm Oil Q1 2014 Technical Outlook

Here is the excerpt from the Reuters market analyst, Wang Tao, about the Palm Oil Technical Outlook for the first quarter of 2014:

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He expected Malaysia palm oil to rebound into a range of 2883-3058 ringgit per tonne over the next 3 months as indicated by a Fibonacci retractement analysis and an inverted head-and-shoulders... more details by clicking the above image for better viewing.