Bollinger band reading : bearish.
MACD Histrogram : continue lower, seller still in.
Support : 1228, 1222, 1215 level.
Resistant : 1232, 1238, 1250 level.
Comment :
Recovery on major Asia stock market triggered seller to lock in profit on FKLI to closed way off the low after managed to test the 1232 resistant level forming a thin body long shadow doji bar candle. Daily chart outlook remain negative sided but however, the pullback upward correction could still take place tomorrow as today's drop is way too severe. Expect market to trade side way range bound downside biased.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with larger cut loss and profit target.
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