Tuesday, April 6, 2010

20100406 1814 FKLI EOD Daily Chart Study.

FKLI closed : 1346, changed : unchanged, volume : improved.
Bollinger band reading : bullish biased.
MACD Histrogram : rising, buyer stayed.
Support : 1345, 1337, 1330 level.
Resistant : 1350, 1360, 1390 level.
Comment :
Profit taking correction FKLI traded unchanged in slightly improve volume. Daily chart reading remained upside biased with possible side way range bound due to pullback downward correction.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.

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