Another fresh low for FCPO with prices tested the 2700 before rebound to close at 2750. Dark cloud covered the overall technical landscape and market sinking with fresh low everyday. We look for the immediate support at 2700-2680 followed by 2630-2600. while, resistance is at 2787-2820 (gap left over this morning).
Tuesday, August 5, 2008
Another new low for FCPO
Another fresh low for FCPO with prices tested the 2700 before rebound to close at 2750. Dark cloud covered the overall technical landscape and market sinking with fresh low everyday. We look for the immediate support at 2700-2680 followed by 2630-2600. while, resistance is at 2787-2820 (gap left over this morning).
