Bollinger band reading : side way range bound.
MACD Histrogram : getting lower, buyer reducing exposure..
Support : 1485, 1470, 1458 level.
Resistant : 1500, 1530, 1550 level.
Comment :
FKLI rebounded upward recorded gain with lower volume traded following major regional market rebounded strongly as market seems excited to see how General Motor share price perform that start trading today in the US. Daily chart formed another doji bar candle after market tested lower support level near lower Bollinger band and rebounded upward to closed near the high of the day with the reading remained calling a side way range bound market.
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.
No comments:
Post a Comment