Bollinger band reading : range bound downside biased.
MACD Histrogram : recovering, seller continue to take profit.
Support : 2370, 2350, 2330 level.
Resistant : 2400, 2450, 2470 level.
Comment :
Continue correction FCPO traded 2 tick higher in thinner volume closed at resistant level after tested higher but failed to sustained the upward momentum. Daily chart still recorded a side way range bound downside biased market reading with a potential MACD histrogram positive divergence.
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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