FCPO close marginally higher today to closed at 2157 with heavy volume traded. Although closed with a doji black bar candle, FCPO still managed to stay higher above the mid Bollinger Band giving a young bullish signal. Bollinger Band width also widen mildly suggest that market will be trading upside biased with immediate target at the upper Bollinger Band. MACD Histrogram come into support the bullish sentiment by continue to climb up suggest that buying activity dominate the market compare to selling.
When/How to Buy : Buy on dip or break up with larger stop and profit targer.
When/How to Sell : Cannot initiate short position unless market break below mid Bollinger Band.
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