FKLI closed : 1414 changed : +24 points, volume : higher.
Bollinger band reading : upside biased.
MACD Histrogram : rising, buyer ruled.
Support : 1395, 1385, 1375 level.
Resistant : 1425, 1445, 1470 level.
Comment :
FKLI recorded gained reaching new high in supporting increasing volume transaction. Weekly chart shows, price surge seems over extended closing way above upper Bollinger band but nevertheless the reading remained unchanged by suggesting a upside biased market with potential pullback correction.
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