FKLI weekly chart still trading above mid Bollinger band = market still trading in positive zone. Bollinger band width continue to narrowed = further upside are limited. MACD Histrogram continue its landing process getting lower near the zero line level = buyer's interest toward the market are deteriorating. The last candle bar closed at the plotted upward trend line after attempt to test below it. Should price trade below the trend line with MACD Histogram penetrade below the zero line and the Bollinger band continue to narrow, bigger correction could be seen and price could test the mid Bollinger band support level.
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