FKLI rally with mostly downward and closed 17.5 pts lower from 904 to 886.5. Total transaction volume was 5784 which is higher than volume on 16 Feb 2009 @ 3719.
FKLI highest price touching Fib Retracement 50% level and lower hitting Fib Retracement 23.6% @ 885. Bollinger band continue contracting. There isn't any potential good news coming out from Malaysia besides 2nd stimulus plan which no one know when is the announcement going to be. It is expecting continue downtrend tomorrow.
Happy Trading.
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