Wednesday, January 20, 2010

FCPO-20-1-10 mid-day: Failed to give confirmation.


Seem that it failed to pass the confirmation test to maintain its breakout of the down channel. Look likely will be heading to Fib 50% as per the daily chart as posted earlier, or it will make an attempt this afternoon? Whatever, only the breaking of the bollinger band movement will convince me, and not otherwise.


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