FKLI is starting to lose momentum after recently hitting its YTD high. This loss of momentum might indicate that traders are becoming more cautious, possibly due to profit-taking or concerns about overbought conditions.
Wednesday, August 21, 2024
fcpo 21082024
FCPO hit this week's high after a sudden surge in buying interest caught sellers off guard in what had been a boring market for most of the day until after 4 pm. This late-day buying momentum disrupted the otherwise subdued trading session, pushing prices higher unexpectedly.
Subscribe to:
Posts (Atom)