FKLI opened lower due to dissapointment of the Dow that closed just 20 points higher. The entire morning session traded in 5 points range to close at 1238 with low volume changed hand although regional market traded firmer. Price is trading in between mid and lower Bollinger Band with tide Bollinger Band width signaling a side way range bound market. MACD histrogram stayed flat in the negative zone indicates that mild profit taking activity still in play.
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