A big slam dunk black bar candle day for FKLI that closed 8.5 points lower at 1245.5. The black bar candle also touched and closed at the ploted trend line and mid Bollinger Band = the downside correction is very crucial at this point as there might be support coming back into the market or the correction might take a further deeper dive. Bollinger band remained narrowing = downward correction to continue or side way market. MACD Histrogram parachute fall has yet to paused = seller has won the war again today.
When to buy : buy on weakness or support level with quick cut loss and profit.
When to sell : sell on strength or resistant level with quick cut loss and profit.
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