FCPO closed : 2626, changed : -37 points, volume : Higher.
Bollinger band reading : bullish with possible correction.
MACD Histrogram : lower, buyer take profit.
Support : 2580, 2521 level.
Resistant : 2730, upper Bollinger band level.
Comment :
FCPO weekly chart still trading within a minor uptrend market with possible correction taking place after recorded a 7 months high level at 2726.Another thing to pay attention here will be the weekly MACD Histrogram that recorded inconsistent up and down reading show that the minor uptrend FCPO market has yet to established with solid supporting buying activities.
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