Tuesday, April 13, 2010

20100413 1300 FKLI Mid Day Hourly Chart Study.

FKLI closed : 1336, changed : -10 points, volume : high.
Bollinger band reading : downside biased.
MACD Histrogram : getting lower, seller returned.
Support : 1330, 1325, 1318 level.
Resistant : 1337, 1345, 1350 level.
Comment :
10.5 points range market FKLI traded lower with improved volume in unison with major Asia market that trade mostly weaker. Further downside movement potential market is likely to development base on the current hourly chart reading.

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