Thursday, March 25, 2010

20100325 1409 FCPO Mid Day Hourly Chart Study.

FCPO closed : 2560, changed : unchanged, volume : low.
Bollinger band reading : side way downside biased.
MACD Histrogram : up and down, not much action from both buyer and seller .
Support : 2550, 2521, 2500 level.
Resistant : 2570, 2590, 2620 level.
Comment :
Another quiet morning session on FCPO that ended unchanged within a 24 points range market.
Hourly chart reading looks a little downside biased within a side way range bound market.

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