FKLI traded 3 points higher to closed at 1268.5 after testing the high at 1271.5 followed by profit taking activities. Trading above middle Bollinger band = market tone is still positive in tandem with key Asia regional market. However, the Bollinger band width started to turned narrowing with MACD Histrogram sliding lower = market are likely to trade side way range bound with possible testing the support level at the middle Bollinger band.
No comments:
Post a Comment