FKLI closed the day 6 points higher to closed at 1274.5 with lower volume traded forming a white bar candle. With price still stay above the middle Bollinger band and the band width stay nearly unchanged = there still no sign of the market upward movement momentum turned deteriorating. MACD Histrogram also remained flatted = both buyer and seller are still playing defense on their respective territory. Overall market still trading within the plotted possible ascending triangle formation waiting for break up or break down.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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