20100716 1831 FKLI Weekly Chart Study.

Weekly Close: 1340.5, High: 1332.5, Low: 1287.
FKLI closed : 1340.5, changed : +12 points, volume : lower.
Bollinger band reading : side way range bound little upside biased.
MACD Histrogram : recovering, buyer defending.
Support : 1335, 1310, 1300 level.
Resistant : 1350, 1360, 1375 level.
Comment :
FKLI continue to trade firmer in lesser volume changed hand week on week testing higher resistant level. Weekly chart wise, the reading started to turned into a range bound upside biased market with potential testing upper Bollinger band level.