Bollinger band reading : side way range bound little upside biased.
MACD Histrogram : rising, buyer taking small position.
Support : 1515, 1500, 1485 level.
Resistance : 1530, 1550, 1580 level.
Comment :
FKLI managed to closed recorded 2 ticks gain with better volume transacted despite most regional market closed in the red as Korean affairs tension continues and ahead of Christmas holiday in the U.S.
Daily chart formed an small body up doji bar candle with longer upper and lower shadow traded range bound through out the day while the Bollinger band started to turned inwards today suggesting a continue side way range bound little upside biased market development testing support and resistance level.
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