Crude Palm Oil Futures forum
FCPO1! I think CPO price will be going for corrections within few days..if correction start, 1st price level for 4200 - 4300 Ringgit. If break it will be 4000 Ringgit. But for long time CPO will be positive.
FCPO1! My analysis went wrong without any technical reason. I am still damn sure that big correction is expected in next few days. It should touch at least 4000 before any rally. Highly manipulated price.
FCPO1! breakout diamond bottom.. will temp go above 4.3k.. before big correction below 4kIdea:Diamond bottom
FCPO1! It will come down to 4000 levels for sure by mid this month.FCPO1! Crude oil, Sunflower, Soybeans, Soybean oil & Palm oil have good bullish positions. Not for short, every oil item going higher for long. For now Soyoil looks $48-$50 level. Palm oil looks for 4500 ringgit & gradually higher..FCPO1! Palm oil Price is little higher bt possible to see 4200 Ringgit before Corrections.. Big stocked countries shifting to soybeans & sunflower.FCPO1! Below 3850 Ringgit Palmoil is better opportunity to buy for next level upto 4100 Ringgit.
FCPO1! update we hit that 200ma next just wait fall only and get QST Bursa DTS no.1 take the grand prize