Monday 4 March 2013

4/4/2013; FCPO - 2367- END OF CORRECTION? BUY AT 2369.

FCPO ended the week at the low of 2367 after charting a high of  2585 on the 25/2/2013.It broke down since from the bearish flag and plunged down to form a falling wedge in which it gave up more than 200 points to close 2367 Friday. I suspect it to rebound since it broke up the wedge Friday 2nd session. I decided to buy the closing at 2369. From now onwards I will try to record my trades in this blog. 

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