FKLI Updates
FKLI 06 Oct - Bullish Sentiment Intact, But Watchout 1760
InvestorsDoctor
Publish date: Fri, 06 Oct 2017, 09:09 AM
InvestorsDoctor
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Here we update timely info about FKLI
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6/10/2017
FKLI Oct 17
Yesterday Close: 1759 +2.5
Last night Dow up more than 100 points and again at historical high for 4 conservative days. FKLI is possible to open high today, global sentiment remain bullish. On yesterday trading, FKLI price formed higher high & higher low, this indicate the bullish sentiment remain intact. FKLI is likely to continue to price higher today. As suggested on yesterday post. FKLI found temporary retracement on 1760 (61.8% Fibonacci level), and closed below 1760 resistance.
Price Level to monitor today:
Resistance : 1763 1768 1772
Support : 1751 1744.5
Recommend Trading Plan for the day:
1. Buy above 1763 with stop at 1759 or
2. Buy below 1760 with stop at 1750
Factor to watch:
Watch out Msia import/export data 12PM today.
FKLI Margin Requirement (per lot)
Intraday MYR 2000
Overnight MYR 4000
Spread MYR 500
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