Technically, FKLI weekly chart still trading in a uptrend market and ended the week with a wide range bar candle bullish engulfing pattern still above the mid Bollinger band = uptrend market still intact. But Bollinger band width continue to turned narrowing = room for market upward movement are lesser unless the band width turn expanding. MACD Histrogram also continue to step lower = buyer participation into the market are decreasing slowly. Immediate support and resistant will be at the mid and upper Bollinger band respectively.
2 comments:
hi chong,
may i know where can i download those chart data for fkli ? is it free?
thanks
Hi,
I am using Telequote charting for the charts. Need to pay subscription fee for the charting service. There are few charting software available like NextView, BursaStation, Telequote or OSK188(lowest price RM20 per month but feature also limited compare to others). Not sure about if there is any free charting available for futures.
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