CPO (Apr ’25) remains in a neutral trend, with no strong directional trades at the moment. However, a breakout above RM 4,450 could trigger a buy opportunity, while the next support stands at RM 4,255.
For now, patience is key—waiting for a decisive move above resistance before initiating fresh positions.
#PalmOil #CPO #TechnicalAnalysis #CommoditiesTrading #commoditiescontrol
CPO (Apr ‘25)—Trend remains Neutral until we close below RM 4,255.
Disclaimer: There is a risk of loss in trading in derivatives and the report is not to be construed as investment advice. The information provided in this report is intended solely for informative purposes. The author, directors and other employees of CC Commodity Info Services LLP cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above.
