Wednesday, March 24, 2010

20100324 1244 FCPO Mid Day Hourly Chart Study.

FCPO closed : 2577, changed : -14 points, volume : low.
Bollinger band reading : side way downside biased.
MACD Histrogram : weakening, low buying and selling interest.
Support : 2570, 2550, 2521 level.
Resistant : 2590, 2620, 2650, 2670 level.
Comment :
Quiet FCPO traded lower in thin volume tight range. Hourly chart outlook remain side way range bound testing support and resistant level.

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