Bollinger band reading : bearish.
MACD Histrogram : getting lower, seller return, buyer backing off.
Support : 1245, 1232, 1223 level.
Resistant : 1250, middle Bollinger band, 1260 level.
Comment :
FKLI traded lower in unison with major Asia regional market after the FED decided to raise discount rate among banks. Hourly chart development continue to show bearish reading with further downside potential for the near term.
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