FCPO ended the day down 1 point to closed at 2246 with lower volume traded forming another doji bar candle. Price managed to test and closed near the upper Bollinger band with Bollinger band width expanded marginally = market still upside biased. MACD Histrogram stay nearly unchanged today = balance activity by both seller and buyer. Overall market is still potentially trade higher with no significant weakness detected currently. Another thing to pay attention will be the chart's plotted resistant line, should this resistant line breached, then market are very likely to trade higher.
When to buy : buy at support/weakness/break up with larger cut loss and profit target.
When to sell : not advisable to initiate short position.
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