Bollinger band reading : downside biased.
MACD Histrogram : reversed lower, seller insisted to stay.
Support : 2370, 2350, 2330 level.
Resistant : 2400, 2450, 2470 level.
Comment :
After correction FCPO continue its cruise heading south again ended the day lower in reduced volume traded. Daily chart reading turned into a downside biased market after having some upward corrections.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant/strength/break down with larger cut loss and profit target.
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