Bollinger band reading : side way range bound.
MACD Histrogram : continue higher, buyer seems at a little advantage.
Support : 1300, 1290, 1280 level.
Resistant : 1310, 1318, 1325 level
Comment :
Positive regional market development still managed to lead FKLI to traded higher close near the high of the day doing 7 points premium compare to cash market despite a tight 5.5 point range dry volume transaction market. Daily chart outlook remain unchanged with a side way range bound testing higher resistant level market reading as the Bollinger band width squeeze narrower.
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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