Bollinger band reading : bearish biased.
MACD Histrogram : getting lower, buyer off loading.
Support : 1330, 1325, 1318 level.
Resistant : 1337, 1345, 1350 level.
Comment :
Buyer profit taking continue to push FKLI lower in unison with major Asia market that traded weaker. Hourly chart reading shows that the market negative sentiment increased and suggesting a downside biased market development with potential technical rebound to take place in the near term as price traded a little outside the lower Bollinger band level.
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