20091006 1608 FKLI EOD Daily Chart Study.

FKLI closed the day marginally higher @ 1217.5 with an upper tail candle. With price traded above Mid Bollinger Band, market is still bias to the upside. Bollinger Band width continue to widen suggest that there are still room for market to go up further. MACD histrogram rise for the 2nd day buy still within the negative territory signaling the upward movement still lack of strength. With the upper tail candle, market might need to take a rest before moving on. In order for market to move higher, a break thru the positive territory on the MACD histrogram will be critical.  

When to buy : Buy on pullback but must take quick profit/cut loss.
When to sell : Sell on resistant but must take quick profit/cut loss.
See money take money !