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FKLI Technical Analysis - 12 Mar 2009

Friday, March 13, 2009

FKLI traded lower again on 12 Mar 2009 with total volume of 7278 lots transacted and closed@ 835 which is 12 points lower than 11 Mar 2009.


Bollinger Band width expanding with candle continue riding at lower BB band plus no sign of MACD rounding up suggesting FKLI still in bearish mode.

Immediate support @ 835, 831, 827 and resistance @ 847, 858, 870

HAPPY TRADING!

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