Malaysian Palm Oil Product Technical Chart and Analysis 4th May 2017

KPO 1705 is tested its crucial resistance level at $2720.1 (30-DMA), where a break or trade above will deliver more positive movement and can target at $2753.1 (200-DMA). However, a correction will be limited at $2689.5. The Stochastic Oscillator is moving up, supporting a bullish view.

 

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