20100604 1802 FKLI Weekly Chart Study.

FKLI closed : 1299 changed : +20 points, volume : lower.

Bollinger band reading : side way range bound.
MACD Histrogram : continue lower, seller still in.
Support : 1270, 1250, 1225 level.
Resistant : 1300, 1310, 1335 level.
Comment :
FKLI ended the week higher recovered more that half of last 2 weeks losses in lesser volume traded. Weekly chart continue to shows a side way range bound market reading for the near term.