Bollinger band reading : side way range bound upside biased.
MACD Histrogram : rising higher, buyer seize control.
Support : 1310, 1300, 1290 level.
Resistant : 1318, 1325, 1330 level
Comment :
Buyer turned aggresive with last hour buying activities lifted FKLI to closed high in moderate volume doing 9 points premium compare to cash market as positive development over European regional market.
Daily chart reading turned to a side way range bound little upside biased potential market but with diminishing volume.
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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