Bollinger band reading : side way range bound downside biased.
MACD Histrogram : recovering, seller closing position.
Support : 1485, 1470, 1458, 1445 level.
Resistant : 1500, 1530, 1550 level.
Comment :
FKLI ended lower recorded loss with slower volume changed hand continue to trade side ways following most regional market that traded lower. Daily chart formed a small body doji down bar candle resulted the 3rd harami candle stick formation since 10 Nov 2010 hinted a potential market reversal with the reading suggesting a side way range bound downside 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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