Bollinger band reading : side way bullish biased.
MACD Histrogram : slightly lower, seller reducing exposure.
Support : 2620, 2590, 2570 level.
Resistant : 2650, 2670, 2700 level.
Comment :
FCPO closed higher with supporting volume traded despite weaker export data released today for the month for Feb 2010. Technically, the daily chart suggesting a side way range bound upside biased 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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