Bollinger band reading : side way range bound upside biased.
MACD Histrogram : weakening, buyer profit taking.
Support : 1337, 1330, 1325 level.
Resistant : 1345, 1350, 1360 level.
Comment :
1 tick lower FKLI traded range bound through out the whole day until last minutes surge to closed at the high of the day despite negative news on Ireland bond downgrade. Not much action on daily chart and market still trading range bound little upside biased with volume traded still consider low.
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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