Place for all future traders

------fkli2u@gmail.com------

FKLI Technical Analysis - 02 Apr 2009

Thursday, April 2, 2009

G20 effect plus Malaysia new Prime Minister on boarding on Friday causing FKLI traded higher closed @ 913.

Bollinger Band width expanding with candle ABOVE upper BB band indicating bull run for FKLI. RSI reaching oversold level.

Support @ 904.5 while resistance @ 920. Immediate support @ 908.5, 904.5, 900 while resistance @ 917, 920, 924.

Bollinger Band

SMA

Upper

Mid

Lower

Width

20

60

100

904.5

866

827.5

Expanding

866

883.5

878.5

 

HAPPY TRADING!

0 comments:

Subscribe in a reader