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FKLI Technial Analysis - 17 June 2009

Thursday, June 18, 2009

Further downside from DJ overnight and world oil price uncertainty has causing FKLI traded lower for 3 days consicutively. FKLI closed 9 points lower @ 1071.


Bollinger band width remain consistance with candle nearer to middle BB. This suggest that middle BB band become the immediate support for FKLI. MACD begin moving south with RSI @ 57.5.

Resistance =1075, 1079, 1098
Support = 1064, 1060, 1057.

HAPPY TRADING!


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