Bollinger band reading : upside biased.
MACD Histrogram : continue higher, buyer taking exposure.
Support : 1337, 1330, 1325 level.
Resistant : 1345, 1350, 1360 level.
Comment :
Last hour buying activities lifted FKLI to closed at the high of the day with improve volume traded doing 7 points premium compare to cash market. Today's daily long lower shadow candle bar shows that market tested lower support but failed to entice seller to participate in the market resulted buyer to start their engine to bargain hunting pushed price to higher ground. Reading also change into suggesting a upside biased potential market.
When to buy : buy at support or weakness with larger cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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