Bollinger band reading : bullish.
MACD Histrogram : continue higher, buyer still ruled.
Support : 2700, 2665.
Resistant : 2730, 2799 level.
Comment :
Closed still at the safety zone and right0 above the crucial 2700 support level would see FCPO likely to trade upside biased. It is now up to how the US dollar, soy oil and crude oil futures performed tonight. Long position trader, keep your finger crossed.
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.
No comments:
Post a Comment