Bollinger band reading : upside biased.
MACD Histrogram : reversed higher, buyer returned with small exposure.
Support : 2550, 2521, 2500 level.
Resistant : 2570, 2600, 2620 level.
Comment :
FCPO managed to closed on higher ground despite lesser volume participation. Daily chart reading shows some tendency for market to move upside biased as market seems to found some support at lower level after attempted to penetrate support level failed.
When to buy : buy at support/weakness/break up 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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