Thursday, December 3, 2009

20091203 1815 FCPO EOD Daily Chart Study.



FCPO continue its correction market by ended today at 2478, 11 points lower with even lower volume traded. All indicators reading still signaling a side way range bound market that trade within the plotted horizontal support and resistant line. Waiting for price to break away from these 2 lines for new direction. Expecting a boring Friday market tomorrow. =(
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target. 

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