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FKLI Analysis 03 Feb 2009 - Morning Session

Tuesday, February 3, 2009


As you all seen on the 5minutes FKLI chart above, active trading happen in the early trade but losing momentum the the later stage.

BB Band expanding the near morning closing session but candlestick fall below middle BB band with MACD histogram heading south.

If FKLI can break above midBB in the afternoon session, it will conitnue its momentum heading north which eventually will pull CI (Composite Index) up as well.

Happy Trading and do share your comment if there is any.

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