With the overwhelming DJIA market that closed surprisingly higher last night, FKLI gap up 11 points at the opening and traded side way in the range of 5.5 points to closed at 1264.5 up 9.5 points. Hourly chart wise, market still trading near the upper Bollinger band with the band width expanding = market still bullish. However, MACD Histrogram started turned downward for the last 2 hourly bar = some profit taking activities took place. Overall, the trend is still up.
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