Bollinger band reading : correction range bound upside biased.
MACD Histrogram : reversed lower, buyer taking profit.
Support : 1385, 1375, 1360 level.
Resistant : 1395, 1405, 1425 level.
Comment :
Correction continue to take place in FKLI that ended lower in better volume transacted taking a break after worked hard 8 straight days. Daily chart wise, market opened unchanged and tested and stay below support turned resistant level at 1395 and the outlook turned into a correction 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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