FKLI Updates
[KLCI Futures] - Price in Range, Potential to Upside
InvestorsDoctor
Publish date: Mon, 15 Jan 2018, 08:46 AM
InvestorsDoctor
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Here we update timely info about FKLI
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15/1/2018
FKLI Jan 18
Previous Close: 1828.5 +4
FKLI traded in range last Friday after lower than expected retail sales data. Foreign fund net buy and US stock market hit historical high again with more than 200 points gained. FKLI is expect to rebound today.
In the Daily chart, RSI in overbought correction but overall price trend bias to upside. Hourly chart price action trading in range, waiting for breakout to trigger trades.
Price Level to monitor today:
Resistance : 1831.5 1839 1843
Support : 1824 1819.5 1815.5
Recommend Trading Plan for the day:
1. Buy 1830, stop 1826, profit 5 pts or above.
FKLI Margin Requirement
Intraday MYR 1750
Overnight MYR 3500
Spread MYR 500
Disclaimer: Idea for sharing purpose, trade at your own risk.
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