Friday, October 25, 2013

Potential Correction - CPO

CPO has been up remarkably to the high of 2485. However there are two reasons that CPO might correct in the next few sessions;
1. The price reached the high of 2485 which was also registered in 28 Aug 2013.
2. MACD of hourly chart has been flat despite the surging of the price.

1 comment:

  1. The daily chart candles are showing potential down trend too.