Bollinger band reading : upside biased.
MACD Histrogram : rising, buyer market.
Support : 1500, 1485, 1470 level.
Resistant : 1530, 1550, 1580 level.
Comment :
FKLI continue to climb higher recorded gain for the 4th consecutive day with improving volume transacted despite major regional market recorded decline. Daily chart formed a up bar candle closed right at the upper Bollinger upper band level with the reading continue to call for an upside biased market development.
When to buy : buy at support/weakness/break up with larger cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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