Bollinger band reading : bullish side way likely.
MACD Histrogram : lower slightly, buyer off loading.
Support : 1300, 1295, 1290 level.
Resistant : 1309, upper Bollinger band level.
Comment :
Beside tested a new high at 1307 today, FKLI and the cash market seems immune from the negative development in major Asia market. This give me an impression that there is no foreign fund participated in our market. Overall it is just another normal day with side way ranging market and expecting market to trade the same way in the near term.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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