Bollinger band reading : side way range bound little upside biased.
MACD Histrogram : recovering, buyer defending.
Support : 1458, 1445, 1425 level.
Resistant : 1470, 1485, 1500 level.
Comment :
FKLI surrendered all last Friday gain after opened unchanged tested higher follow by last hour sell down to end lower with improved but still relatively low volume transaction. Daily chart formed a down bar candle closed near middle Bollinger band support level with unchanged side way range bound little upside biased market reading.
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.
No comments:
Post a Comment