20100319 1826 FCPO Weekly Chart Study.

FCPO closed : 2577, changed : -72 points, volume : higher.
Bollinger band reading : side way range bound.
MACD Histrogram : getting weaker, buyer retreating.
Support : 2530, 2500, 2450 level.
Resistant : 2580, 2630, 2700 level.
Comment :
FCPO ended the week weaker with accelerating volume transacted. Weekly chart side way range bound upside biased reading remained unchanged and expecting trading range to get narrower with the Bollinger band width squeenzing tighter.