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 :
Wow yet another day, strong antibody of FKLI still able to avoid the negative infection of key Asia market especially Hong Kong Hang Seng Index that closed down 423 points. I guess the major player of FKLI is damn positive and confident about our country economy and market condition. Hate to say this but yes market is like to stay side way range bound upside biased. Hmmm... Sometimes when I complain about the market, the next day will have big show happen... Hope there is if not damn boring leh... Ha ha..
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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