Bollinger band reading : upside biased.
MACD Histrogram : weakening, buyer taking partial profit.
Support : 1345, 1337, 1330 level.
Resistant : 1350, 1360, 1390 level.
Comment :
FKLI continue to surge upward in quiet volume as both China and Hong Kong market closed on public holiday. Hourly chart continue to show a upside biased market but the weakening MACD Histrogram raise some concern on possible market correction due to profit taking activity to take place soon.
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