Bollinger band reading : side way range bound.
MACD Histrogram : getting lower, seller in charge.
Support : 1260, 1250 level.
Resistant : 1270, 1276 level.
Comment :
FKLI opened gap up but no follow through and continue traded lower to closed the 1st session up slightly. It seems that buyer has yet to show their interest to enter the market at this level. Hourly chart reading suggesting a side way range bound market to continue.
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