Bollinger band reading : side way upside biased.
MACD Histrogram : nearly unchanged, buyer still in.
Support : 2521, middle Bollinger band, 2400 level.
Resistant : 2600, 2650, 2740 level.
Comment :
FCPO closed 1 point lower with improved volume transacted and the weekly technical reading still suggesting a side way range bound upside biased market. However market could possible consolidate downward to test lower support level in the near term.
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