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FKLI Technical Analysis - 13 Feb 2009

Monday, February 16, 2009

FKLI has a surge of 14.5 pts on Friday. It is a good indication but from the chart above you can view the Bollinger Band still contracting, it indicate a potential downtrend. Fibonacci Retracement also indicates it touched 61.8% retracement, suggesting that it will follows with a downtrend.

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