FKLI closed the week up 4 points with higher volume transacted compare to last week. The doji weekly candle still traded above the middle Bollinger band with the band width contraction suggesting a side way range bound upside biased market. On the other hand, the MACD Histrogram getting lower by a fraction telling us that seller has yet to leave the market. Overall, expecting a side way ranging market ahead of the last week of the year with support comes in at the 1250 and middle Bollinger band level where resistant appears at the 1270 follow by 1276 level.
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