Bollinger band reading : correction range bound little upside biased.
MACD Histrogram : getting lower, buyer reducing position.
Support : 1470, 1458, 1445 level.
Resistant : 1485, 1500, 1530 level.
Comment :
FKLI ended softer in better volume traded in tandem with a negative regional market development after US Dollar rebounded upward. Daily chart doji bar candle tested below and closed right above the middle Bollinger band support level continue to have correction take place with the reading suggesting a correction range bound little upside biased testing lower support level 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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