Bollinger band reading : upside biased.
MACD Histrogram : getting higher, buyer still in control.
Support : 1385, 1375, 1360 level.
Resistant : 1395, 1405, 1425 level.
Comment :
Last minute surge lifted FKLI to closed marginally higher and traded in improving volume changed hand. Daily chart formed a long lower shadow doji bar candle still above upper Bollinger band level tested near lower support and recovered upward to closed above resistant level. Technical reading still suggesting a upside biased marker development with potential pullback correction.
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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