FCPO traded weaker after yesterday price surged to closed down 31 points at 2455 with moderate volume. Chart wise, price still holding up nicely above the middle Bollinger band with the band width stay unchanged = market remain bullish in the middle of a consolidation. MACD Histrogram sliding lower to near zero line level = profit taking activities took place. The plotted uptrend channel will likely to serve as the immediate support and resistant level.
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