Monday, December 14, 2009

20091214 0946 FKLI Weekly Chart Study.



FKLI weekly chart ended still holding up above the middle Bollinger band with the band width narrowing = seems like this uptrend correction would take longer time than expected. MACD Histrogram continue to slide lower = buyer participation in the market remained low. Expect the downward correction side way ranging market to continue with immedite support stands at the middle Bollinger band.

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