Thursday, October 1, 2009

FKLI Monthly Chart Still Bullish

FKLI monthly chart still trading above the Bollinger Middle Band = Bullish. Bollinger band width narrowed just minorly suggested that market will be in moving a smaller range. MACD Histrogram still increasing = Bullish. Volume traded was lower compare to Aug may be due to Raya Holiday but is still not a good sign to me.

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