Looking at the weekly chart, FCPO started the correction phase after touched the upper Bollinger band twice and ended the week slightly below the upper Bollinger band with the band width continue expanding = market underlying trend is still up with possible correction in the near term. MACD Histrogram recorded a small increase = buyer still in control of the market. Expecting 2 case scenario where market continue to do correction or market can also resume the upward movement anytime.
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