Friday, June 25, 2010

20100625 1325 FCPO Mid Day Hourly Chart Study.

FCPO closed : 2382, changed : -8 points, volume : low.
Bollinger band reading : side way little downside biased.
MACD Histrogram : up and down, no significant action from both buyer and seller.
Support : 2370, 2350, 2330 level.
Resistant : 2400, 2450, 2470 level.
Comment :
No much action FCPO traded lower in ultra low volume transaction with hourly chart having a side way range bound little downside biased reading.

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