Tuesday 10 May 2011

Palm Oil Profit Targets 3261 and 3286

CPO Futures hourly indicator will cut loss and turn sell if 1130am palm oil futures price is traded 3182 or lower.
Sell stop 3195 limit 3190 will be remained as previous post.
Profit taking will be targeted at 3261, 3286 and 3311.
Watch out on MPOB figures; ITS and SGS first 10-day exports for palm oil also will be released today.