Bollinger band reading : side way range bound.
MACD Histrogram : receovering, buyer defending
Support : 1337, 1330, 1325 level.
Resistant : 1345, 1350, 1360 level.
Comment :
FKLI shows an unwelcome sign after Bank Negara raised interest rate by quatter percent ended the day lower in improving volume despite a better GDP achieved for the 1st 3 months of the year. Daily chart reading remained side way range bound testing support and resistant.
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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