FKLI closed : 1328.5 changed : +23 points, volume : lower.
Bollinger band reading : side way range bound.
MACD Histrogram : reverse upward, buyer temporary in advantage.
Support : 1310, 1300, 1270 level.
Resistant : 1335, 1350, 1360 level.
Comment :
FKLI continue to trade range bound reversed higher compare to last week closing with improved volume transacted. Weekly chart shows that market still hovering up and down along the middle Bollinger band struggling to determine which direction to head toward. Outlook wise, reading still remained unchanged with side way range bound market.
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