Bollinger band reading : upside biased.
MACD Histrogram : rising higher, buyer returned for a battle.
Support : 1290, 1280, 1274 level.
Resistant : 1300, 1310, 1318 level
Comment :
Tabling of 10th Malaysia Plan plus positive China export news lift FKLI to higher ground with better volume transaction doing nearly 4 points premium compare to cash market. Hourly chart turned from side way range bound market into a upside bullish biased potential market reading with a little over extended that could possibly trigger a pullback correction.
No comments:
Post a Comment