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FKLI Technial Analysis - 11 Mar 2009

Thursday, March 12, 2009

FKLI open higher following by mini budget annoucement the day before but sliding down closed @ 847 with total volume of 7769 transacted.


As shown on the daily chart above, Bollinger band width still expanding with candle riding along lower BB band, plus MACD chart continue heading south indicating bearish trend continuous. 

Support @  846, 842, 838 while resistance @ 857, 862, 874

HAPPY TRADING! 

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