Bollinger band reading : downside biased.
MACD Histrogram : continue lower, seller ruled.
Support : 1280, 1274, 1270 level.
Resistant : 1290, 1300, 1318 level.
Comment :
Deep sea diving mood FKLI closed lower with increased volume changed hand but nevertheless managed to do 1.5 point premium compare to cash market. Dialy chart continue to have negative downside biased reading with very likely potential pullback correction or technical rebound as price just plunged way too over below lower Bollinger band level before continue to head south.
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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