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!
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