20100513 1728 FKLI EOD Daily Chart Study.

FKLI closed : 1341.5, changed : +1 points, volume : higher.
Bollinger band reading : side way range bound.
MACD Histrogram : receovering, buyer still in.
Support : 1337, 1330, 1325 level.
Resistant : 1345, 1350, 1360 level.
Comment :
Slightly improved volume FKLI ended the day marginally higher after price opened and surged high but selling pressure returned and push market to closed near the low of the day. Daily chart remained unchanged with a side way range bound reading with a lack of buyer interest at higher price level.
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.