CPO price consolidated past 1-2weeks, supported above UTL & major EMA, bulls took back control by end-Jan.
Staying >320x-2x support will see price attempt to regain 3500 & 3600 resistance levels.
Expect volatile sideways-up situation for coming 1,2weeks till market resume after CNY đ§§đź
đOverhead Resistance: 344x-9x, 354x-8x
âïžâïžLongterm Outlook: R2 tested, R1 holding on test, attempting to break above. (check out post link below)
Happy Hunting! đ„đ
-jk-
Staying >320x-2x support will see price attempt to regain 3500 & 3600 resistance levels.
Expect volatile sideways-up situation for coming 1,2weeks till market resume after CNY đ§§đź
đOverhead Resistance: 344x-9x, 354x-8x
âïžâïžLongterm Outlook: R2 tested, R1 holding on test, attempting to break above. (check out post link below)
Happy Hunting! đ„đ
-jk-