Bollinger band reading : bullish.
MACD Histrogram : climbing upward slowly. Buyer still in.
Support : middle Bolliger band, 1290 level.
Resistant : 1309 level.
Comment :
The crucial 1300 resistant level has been tested for the continuing 4th day on FKLI but has yet to closed above it. Nevertheless, hourly chart of FKLI still look bullish with further upside potential. The last 2nd hourly chart candle managed to touched the upper Bollinger band then followed by the last black small doji candle could suggest that market may take a break before going up further.
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