Bollinger band reading : upside biased.
MACD Histrogram : recovering, seller leaving as buyer returned.
Support : 3350, 3300 3270 3100 level.
Resistant : 3420, 3450, 3470 level.
Comment :
Improving export data lead FCPO to end higher recorded gain with improving volume changed hand after market opened, tested lower support level, recovered surged new high followed by profit taking activities press price to closed off the low. Daily chart formed a doji up bar candle continue the uptrend movement testing higher resistant level with the reading suggesting upside biased market development.
When to buy : buy at support and 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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