20091008 1259 FKLI Hourly Chart Study. More volume needed.

After some profit taking activities, FKLI continue to edged up higher to closed at session high 1238.5 with a 4 points range. Price still staying above mid Bollinger Band = Bullish/upward movement still intact. Bollinger Band width also expanded suggest that there still room to go up further but however the MACD histrogram isn't that optimistic by staying marginally lower with low volume traded indicate that profit taking still in play possible due to last trading day of the week. Overall view : Take profit or trail stop higher to protect profit.