Bollinger band reading : side way upside biased.
MACD Histrogram : rise higher, buyer extending it's dominance.
Support : 2570, 2550, 2521 level.
Resistant : 2590, 2620, 2560 level.
Comment :
FCPO continue to trade higher in a tight range trading market on the second last trading day ahead of the long Chinese New Year holidays. Daily chart positive reading continue to improve and the outlook remains little bullish biased with possible testing support and resistant level side way range bound market.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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