Bollinger band reading : downside biased.
MACD Histrogram : recovering, buyer closing position with seller testing market.
Support : 1445, 1425, 1405 level.
Resistant : 1458, 1470, 1500 level.
Comment :
FKLI continue to head south after opened higher, tested support and resistant level but still ended lower as buyer closing position with seller testing market strength. Hourly chart shows market continue to trade near lower zone of the Bollinger band with the reading turned into suggesting a downside biased market development.
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