FCPO closed 10 points higher at 2245 with much better volume today compare to yesterday. Price gap up in ther morning and traded mostly higher and tested the high at 2277 then followed by last minutes sell down forced today chart to form a doji bar candle. Closing at above middle Bollinger band with the band width stay flat = the upward movement remains resilient. However, MACD Histrogram still falls gradually despite price closed higher = aggressiveness still in with the seller side. Immediate support stands at 2225 ~ 2215 level and resistant rest at 2285 level.
When to buy : buy at support/weakness/break out with larger cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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