FKLI closed just half a point lower at 1277.5 with low volume traded forming a doji bar candle for the thrid day. Still managed to hanged around above the middle Bollinger band with the band width expanding = current market movement still biased to the upside. MACD Histrogram stayed nearly unchanged = no significant action by both buyer and seller. Generally the uptrend remained intact with the immediate support at the middle Bollinger band and resistant at 1309 level. Let's see what will happen to the market today with the debut of MAXIS into the FBM KLCI 30.
When to buy : buy at support/weakness/break up with larger cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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