Bollinger band reading : possible pullback correction downside biased.
MACD Histrogram : turned upward, seller taking profit.
Support : 3050, 3020, 2970, 2930 level.
Resistance : 3070, 3100, 3150, 3200 level.
Comment :
FCPO closed recorded small gain with declining volume exchanged.
Technical reading shows that market is having pullback correction within a downside biased market development testing support and resistance level.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with larger cut loss and profit target.
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