V3Go Outlook for STI: CPO stocks may lead the Upside for today.
Posted by admin in Commodities, Events and Advertisements, Forex Analysis, Futures Pick, Market Analysis, Stock PickGood Morning Everyone,
Not too long ago, on the 16th of Feb 2010, I mentioned that Crude Oil will challenge the US$77/barrel first and if this continue, it may even go for the US$80/barrel mark by March 2010. But instead, this morning, Crude Oil actually hit US$80.42/barrel on the Futures market while the world economists are still fearing for the worst for the Eurozone debt issues. Isn’t that AMAZING? Once again, it is proven that V3Go System is really a POWERFUL and reasonably ACCURATE trading system to rely on.
With such an upside in prices for this commodity, CPO related stocks like Noble, Ezra, Indon Agri, etc will be in my radar for today. They were sold down the last 2-3 trading days but their closing prices, based on our V3Go Patterns actually shows that the Downside ROC is reducing therefore, if the stocks can stay above their Opening Price today, there is really a good chance for them to trade higher. So do watch out for them!
I am also paying a close attention on Genting SP today as our V3Go System is indicating that as long as it stays above OP of today, there is a potential chance that this stock may see a bottom around here after the recent selling. So watch for the Opening Price.
Last, I am looking at the Dollaryen to trade to 93.34 level in the next 1-2months. Currently it is indicating at around 91.70 level. I am very BULLISH on this pair of currency in the long term and even targetting 95… as I believe more traders/hedge fund managers will be moving in to buy back the greenback(US$) soon.
May you make more money from the market today.
NOTE: 70% of the Preview (23rd of Feb Tuesday) are taken UP. To reserve a seat, do email us at sales@cronwell.com.sg and leave your full name and contact number. Our Team members will get back to you shortly.
Disclaimer apply as usual.
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
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