Looking at FCPO weekly chart, the weekly doji bar candle has penetrated the mid Bollinger Band resistant level, giving a very initial sign of an upside biased movement market. Bollinger Band width narrowed by a smalled degree still voting for a sideway ranging market. MACD Histrogram edged up higher but has yet to breach into the positive area shows that buyer are partcipating in the market in a prudent way. Overall, FCPO positive sentiment has yet to develop and still in a testing phase for any potential upside for the longer term.
No comments:
Post a Comment