Bollinger band reading : range bound, upside biased.
MACD Histrogram : resume upward, buyer lock in partial profit but still defending.
Support : 1360, 1350, 1345 level.
Resistant : 1375, 1385, 1395 level.
Comment :
Overnight strong Dow Jones closed leaded FKLI to opened gap up higher followed by profit taking activities resulted FKLI to record minor gain for first session with lower transaction changed hand. Hourly chart shows that price opened right at upper Bollinger band and triggered a pullback correction taking place for the time being with the outlook having a correction range bound upside biased market reading.
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