FCPO closed : 2682, changed : +2 points, volume : Higher.
Bollinger band reading : bullish.
MACD Histrogram : edge up higher, buyer still in charge.
Support : 2670, 2650 level.
Resistant : 2700, 2730 level.
Comment :
FCPO ended with another doji bar candle today with higher volume traded. Tested a new high at 2703 follow by partial profit taking activities pushed price to closed slightly higher. Chart wise still biased to a bullish outlook with further upside potential but correction is likely to continue at the near term.
When to buy : buy at support/weakness/break up 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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