Bollinger band reading : side way downside biased.
MACD Histrogram : continue higher, seller reducing exposure.
Support : 1280, 1274, 1270 level.
Resistant : 1290, 1300, 1310 level
Comment :
Deteriorating volume FKLI ended the day on higher ground by traded mostly range bound after tested immediate middle Bollinger band resistant level followed by selling activities to push price down off the high.
Daily chart reading continue to record side way range bound downside biased reading for the near term.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant/strength/breakdown with larger cut loss and profit target.
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