Bollinger band reading : bullish.
MACD Histrogram : rising, buyer fought back.
Support : 1290, 1285 level.
Resistant : 1300, 1309 level.
Comment :
1290 defense team claimed there reward today with FKLI traded higher and tested the 1300 resistant level again with supporting volume ! Hourly chart outlook turned positive after market opened and traded higher and higher but 1300 level remained a big psychology challenge that the market must overcome in order to reach new heights. Else market will likely to stay in hesitation at the range of 1290 ~ 1300 level.
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