3.5 points range FKLI market closed the day up 1.5 point at 1267 with drying volume. Daily chart wise, price manage to trade above the middle Bollinger band = market have turned into positive tone mildly. Bollinger band width continue to narrow = side way range bound likely. MACD Histrogram reading improved = light buying activities with the absence of seller. Closed right at the resistant upper downward channel line, waiting for market to decide on its direction either to break above or retrace downward again or even continue to go side ways. Wait and see but seriously, regardless of where the market move, the range is just too small to earn a penny. I think its already half life near death with the deteriorating volume. Hahaha.. Just my imaginative jokes.
When to buy : Better off for Christmas shopping or take a rest.
When to sell : Better off for Christmas shopping or take a rest.
Plan for next year !
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