Tuesday, September 7, 2010

20100907 1520 FKLI Mid Day Hourly Chart Study.

FKLI last looked : 1437.5, changed : unchanged, volume : low.
Bollinger band reading : side way range bound.
MACD Histrogram : recovering, buyer defending.
Support : 1425, 1405, 1395 level.
Resistant : 1445, 1458, 1470 level.
Comment :
Another boring tight 5 points range quiet market FKLI traded side way range bound struggling to determine which direction to go.  Hourly chart having a side way range bound market reading perhaps due to the fact that now is just 3 days away from the Hari Raya Aidilfitri holidays.

No comments: