FKLI reacted positively to the overnight Dow Jones market that closed higher due to better that expended earnings of some corporate earnings reports. At closed of the morning session, FKLI gap up at move higher to closed at 1268, 13 points higher. Maintained itself at above the mid Bollinger Band level admit that the current uptrend bull run has yet to end. With Bollinger Band width also started to widen shows that there still potential more upward movement. MACD Histrogram reversed to turned up suggesting that buyer returning to the market with some short covering activities. There are some tails appears on the last 3 candle also indicates that some traders liquidate their position just ahead of the budget announcement.
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