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FKLI Technical Analysis - 06 Apr 2009

Tuesday, April 7, 2009

FKLI traded higher with 10,377 lots transacted and closed 16.5 points @ 926.5.


Bollinger Band width continue to expand with candle riding above upper BB band. MACD chart continue moving up north indicating continue bull run. 

However there is some potential of Profit Taking moving forward with RSI chart showing overbought level.

Support @ 921, 917, 913 while resistance @ 933, 937, 941.

HAPPY TRADING!

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