Bollinger band reading : bullish biased.
MACD Histrogram : reverse upward, buyer still in charge.
Support : 1337, 1330, 1325 level.
Resistant : 1345, 1350, 1360 level.
Comment :
Flying high FKLI opened and ended boldly with sustainable volume transacted. Daily chart reading started to turned bullish biased as the Bollinger band width is turning outward signaling further upside potential. Having said that, correction could take place in the near term as today price surge seems too drastic and overdone.
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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