Bollinger band reading : upside biased.
MACD Histrogram : getting higher, buyer in charge.
Support : 1375, 1360, 1350 level.
Resistant : 1385, 1395, 1405 level.
Comment :
Closed at new year high FKLI rallied to recorded gain after opened little lower and never looks back to go the distance reaching higher ground but volume transaction is just slightly better but relatively low. Daily chart wise, the wide range bar up candle surged and closed way above the upper Bollinger band level with an upside biased reading that potentially having pullback correction soon.
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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