The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
Friday, 21 January 2011
Palm Oil Buy 3670 Will Remain Today
As cpo futures hourly indicator still not at overbought zone even though target 100 ticks at 3770 had been reached and broken. Thus, it is believed that the cpo hourly indicator will remain buying for the rest of afternoon trading session until palm oil market closes at 6pm.
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