FCPO closed the week marginally higher up 26 points with lesser volume changed hand. The small body white candle managed to gripped just above the middle Bollinger band with the band width continue to hold tighter = market is testing the upside territory and may still move side way to gather sufficient strength before it can move higher comfortably. MACD Histrogram also edge up higher into the positive area = buyer still in control of the market in a smaller scale. Looking at the weekly chart, price just tested the plotted upper resistant line but with low volume and should the coming week price breached above the line with higher volume, further upside movement will be likely.
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