Bollinger band reading : side way range bound upside biased.
MACD Histrogram : getting lower, seller taking chances.
Support : 1330, 1325, 1318 level.
Resistant : 1337, 1345, 1350 level.
Comment :
Following major Asia market negative development, FKLI ended lower within 14 points range market just right below the support upward trend line level. Daily chart reading still shows a side way range bound upside biased with possible another support level at the middle Bollinger band level. Should price break the middle Bolliger band level, market could possibly testing lower support level at the lower Bollinger band .
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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