FKLI closed 3 points higher at 1261 on par with FBMKLCI cash market with lower volume traded recovered some of the yeaterday losses. Today's small body candle bar settled near the lower Bollinger band with the band width stay nearly unchanged = market is like to trade downside biased. MACD Histrogram also remained flat = no significant action decided by both buyer and seller. There is a possible downtrend channel establishing with immediate support level at 1255.5 followed by 1251.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant/strength/break down with larger cut loss and profit target.
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