Bollinger band reading : side way range bound downside biased.
MACD Histrogram : getting lower, seller in charged.
Support : 1330, 1325, 1318 level.
Resistant : 1337, 1345, 1350 level.
Comment :
Ultra high volume FKLI managed to recovered some of the losses to closed right at the higher of the day but still recording a negative closed. Daily chart reading started to show a side way range bound downside biased potential market in the making.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant/strength/breakdown with quick cut loss and profit target.
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