Bollinger band reading : side way range bound upside biased.
MACD Histrogram : getting lower, seller still in.
Support : 1337, 1330, 1325 level.
Resistant : 1345, 1350, 1360 level.
Comment :
Side way 6 points range FKLI ended the day higher salvaging part of yesterday decline with slighly better volume. Not much change in the daily chart reading that still shows a side way range bound consolidation within a uptrend movement market.
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.
No comments:
Post a Comment