Bollinger band reading : side way downside biased.
MACD Histrogram : getting higher, buyer seller rematch.
Support : 2370, 2350, 2330 level.
Resistant : 2400, 2450, 2470 level.
Comment :
No much movement 22 points range FCPO tested above and closed right at the crucial resistant level with improved volume transaction. Daily chart shows that market challenged the middle Bollinger level and closed below it within side way range bound downside biased market testing market underlying strength.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with larger cut loss and profit target.
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