20100902 1011 FKLI EOD Daily Chart Study.(01 Sep 2010)

FKLI closed : 1435.5, changed : +11.5 points, volume : higher.
Bollinger band reading : upside biased.
MACD Histrogram : rising higher, buyer expanding dominance.
Support : 1425, 1405, 1395 level.
Resistant : 1445, 1458, 1470 level.
Comment :
FKLI surged higher for the 4th day with improved volume transacted successfully breaking higher resistant level. Daily chart shows a uptrend intact market with upside biased 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.