Bollinger band reading : side way range bound, upside biased.
MACD Histrogram : reversed upward, buyer defending.
Support : 1360, 1350, 1345 level.
Resistant : 1375, 1385, 1395 level.
Comment :
FKLI recorded gained for the first day of the month with improve volume traded but still consider low participation in unison with major regional market that ended mostly higher. Daily chart wise, market opened and surge higher to closed near the high of the year within a tight 5.5 points range market. Outlook still suggesting a side way range bound upside biased market reading.
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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