Forming a doji bar candle with lower volume traded today, FKLI closed 3.5 points higher at 1275.5 doing premium toward the cash market. Price still traded above the middle Bollinger band with the band width getting wider = market bullish sentiment to continue with further upside potential. MACD Histrogram stay higher above the zero line = buyer still patrolling in the market. At last looked, both Dow Jones futures and major European market also trading high. Hang Seng futures closed at a 37 points premium compare to its cash market.
When to buy : buy at support/weakness/break out with larger cut loss and profit target.
When to sell : sell to lock in profit and not advisable to initiate short postion.
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