20100531 1437 FKLI Mid Day Hourly Chart Study.

FKLI closed : 1284, changed : +5 points, volume : high.
Bollinger band reading : upside biased.
MACD Histrogram : weakening, buyer in and taking profit.
Support : 1280, 1274, 1270 level.
Resistant : 1290, 1300, 1318 level.
Comment :
FKLI continue to trade firmer with sustainable volume upward correction with hourly chart suggesting a side way range bound upside biased market reading.