20100906 1528 FKLI Mid Day Hourly Chart Study.

FKLI last looked : 1437, changed : +4.5 points, volume : lower.
Bollinger band reading : correction upside biased.
MACD Histrogram : recovering, buyer taking profit.
Support : 1425, 1405, 1395 level.
Resistant : 1445, 1458, 1470 level.
Comment :
FKLI traded higher in slow volume changed hand after market opened higher and traded side ways range bound. Hourly chart shows market traded range bound within a tight 5 point range market with a side way range bound downside biased market reading.