Bollinger band reading : side way range bound downside biased.
MACD Histrogram : reversed higher, seller biting the bullet.
Support : 2450, 2400, 2370 level.
Resistant : 2470, 2500, 2521 level.
Comment :
Weaker ringgit driven FCPO to trade higher closed right at the high of the day with better volume changed hand. Daily chart reading switch into a side way range bound little downside biased market development.
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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