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FKLI Technial Analysis - 26 June 2009

Friday, June 26, 2009

DJ closed +172 overnight has lifted FKLI open high but moving down as trader begin to profit take from the hike yesterday. However FKLI regain the momentum in the afternoon and closed 3 points higher @ 1079.


Hourly chart shows BB band begin to contract with candle above middle BB. MACD nearly form dead cross and RSI nearer to overbought zone.

FKLI support @ 1077.5, 1074, 1071 while resistance @ 1084.

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