Bollinger band reading : side way range bound little upside biased.
MACD Histrogram : recovering, buyer defending.
Support : 1470, 1458, 1445 level.
Resistant : 1485, 1500, 1530 level.
Comment :
FKLI continue to surge higher started the month recorded gain with improve but relatively low volume transaction changed hand doing 7 points premium compare to cash market. Daily chart formed an up bar candle rebounding from the middle Bollinger band level with the reading still calling for a side way range bound little upside biased market development.
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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