Friday, July 23, 2010

Fcpo wrap....+RM49 for the week...profit take sell...still buy on dips strategy


Weekend profit take, too bad that 2500 did not hold but uptrend remains. Uptrend will resume if it regains 2520 lvl again. Otherwise, a pullback tone, targeitng 7SMA support. Next week, probably tug of war at 2500 for 2 or 3 days b4 seeing a resumption of its uptrend.

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