After Intertek and SGS Malaysia palm oil export figures for the period of first 20 days in April at 612k and 639k MT being released respectively, the CPO Futures hourly indicator had reached its first profit target at 3275 and looked forward on next new profit target level at 3295 and 3315.
CPO Futures hourly indicator will seem be hard to turn sell at 4pm which palm oil futures price must be hit below 3210. Thus, Sell STOP order to cut loss can now be placed at 3245 (which will possibly be a profit still if being triggered).